Kauai is increasingly not only a desirable place to call home, but is growing every year as a repeat destination spot for visitors. The benefits are numerous to owning real estate on Kauai whether it be as your primary residence, vacation or retirement home or a solid investment.
Investment
Property values have increased on a percentage basis above the U.S. national average since 2000. As an example, the average sale price of a single family home in Princeville in 2000 was $334,294. At 2007 year end it was $879,252. Limited real estate development and continued influx of “baby boomers” indicates demand should out pace supply for years to come.
Tax Savings
As a Hawaii resident, you receive a sizeable deduction from the county assessed value of your home
County legislation limits annual property tax increases to 2% over the prior year for the same owner
Age 65 and older deductions increase measurably - Property tax relief for the elderly with annual income under $50,000
No county taxes other than property taxes
Climate
Highs/lows in the winter are typically 85/65 and 90/70 in the summer months. Shorts and “slippers” are commonplace. The typical 10-20 m.p.h. trade winds minimize the humidity and keep things very pleasant year round.
Work/Employment Conditions
With technology as it is including but not limited to high speed DSL and cable internet access, many people work part or full time from home. Business start ups are increasing, unemployment rates are below 3% and opportunities are abundant.
Low Crime Rate
Many people don’t lock their front doors here. Kauai’s crime rates are amongst the lowest in the country; neighborhoods are safe as neighbors watch out for each other as “ohana”.
Outdoor Recreation
The sky is the limit year round. There are a myriad of places to surf, hike, jog, kayak, snorkel, play beach sports, paddle canoe, walk, etc. There are also numerous organized youth sports programs to choose from.
Scenery
Most people feel Kauai is the most beautiful of the Hawaiian islands – navigable rivers, waterfalls galore, the Na Pali coast, lush green mountains, blue waters, Waimea Canyon…you name it, we’ve got it!
Home Construction
New construction here utilizes all the latest innovations. Homes have no basements, heating and in many cases air conditioning is not necessary, with jalousie (louvered) windows helping to keep your home cool. The tropical architecture is warm and inviting, suitable for island living.
Medical Facilities
The main hospital is Wilcox Memorial in Lihue. There are an abundance of clinics that attract some of the best physicians and medical specialists who desire the lifestyle here on Kauai.
Larry Barton, RA, CENTURY 21 All Islands Kauai
P.O. Box 223700, Princeville, HI 96722
(808) 639-7532 Cell /
(808) 240-2417 Direct line /
(808) 826-9884 Fax /
Email Larry