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DR Horton Homes on Oahu: Kahala vs. Hawaii Kai

I am sure you all have heard the proverbial real estate lingo referring to “location, location, location.” Here’s a case study in point. Last month, we sold a home in Kahala. It was a rarely available Kuhina at Kahala listing built by DR Horton in 2007.

We were able to get the Sellers multiple offers and sold it more than $30,000 above asking for $1,380,888. While we had it under contract, I saw another listing pop up in Hawaii Kai. It was basically the same home, however, the Hawaii Kai one is listed for $300,000 less!

Kuhina at Kahala Home by DR Horton

Kuhina at Kahala home SOLD by Hawaii Life Real Estate Brokers for $1,380,888

DR Horton Hawaii Kai Home

DR Horton home in Hawaii Kai (MLS# 201326715) listed for $1,025,000

Here are some more photos for comparison, side by side:

DR Horton Kahala Living Room DR Horton Hawaii Kai Living Room

Living room in both homes

DR Horton Master Bath in Kahala DR Horton Hawaii Kai Master Bath

Master Bath in both homes

Large Master Bedroom with high ceilings, Diamond Head Views and DR Horton Hawaii Kai Master Bed

Master Beds in both homes

DR Horton Kahala Front of Home DR Horton Hawaii Kai Front of Home

Front of both homes

Why the $300K Price Difference?

Some could make the argument that we got better professional photos and our listing showed much better. Although I’d tend to agree, the lot of the home in Hawaii Kai is 75% larger than the one in Kahala. In summary, location, location, location (and marketing) should always get you a higher price.

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David Buck

April 10, 2014

If you’re looking for something with the same floor plan, here’s another that recently hit the market: http://www.hawaiilife.com/mls/201405685/

David Buck

April 10, 2014

If you’re looking for something with the same floor plan, here’s another that recently hit the market: http://www.hawaiilife.com/mls/201405685/

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