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Buying Advice

The Price of Paradise – How do Hawaii Home Prices Compare to the Mainland?

What do you picture when you think of “the most expensive place to live in the United States?” Is it the fog wrapping around the Golden Gate Bridge in San Francisco? Maybe you picture looking up at the Lincoln Memorial in Washington, DC. Better yet, maybe you imagine yourself lounging on the beach with a drink in your hand in Hawaii. If you associate the soft-sand beaches of Hawaii with expense, you are correct.

The top three states with the highest home values in the Nation are number one; Hawaii, number two; Washington, DC number three; California. Unfortunately for Hawaii residents, the year-round summer weather and stunning beaches come with a price. To us, that price is totally worth it. While your money won’t take you as far here in the Aloha State, the lifestyle pays for itself.

Let’s take a look at what $1,000,000 will buy you across the country in Hawaii, California, Washington DC, Texas, Alabama, Oregon, and Illinois. In an effort to keep these comparable, the homes selected below are less than ten miles from the center of major cities in each state:

Hawaii:

(source: hawaiilife.com)

California:

  • San Francisco, CA (Ingleside District)
  • 131 Miramar Avenue
  • $999,888
  • 3 bd/2 ba
  • 795 sqft living
  • 2,809 sqft lot
(source: century21.com)

Washington, DC:

  • District of Columbia (Georgetown-West Village)
  • 3419 Reservoir Road NW
  • $995,000
  • 3 bd/2 ba
  • 1,240 sqft living
  • 1,485 sqft lot
(source: ttrsir.com)

Texas:

  • Dallas, TX (Lakewood Heights)
  • 6147 Goliad Avenue
  • $999,000
  • 4 bd/3.5 ba
  • 3,864 sqft living
  • 7,492 sqft lot
(source: berkshirehathawayhs.com)

Alabama:

(source: century21.com)

Oregon:

  • Portland, OR (Willamette Heights)
  • 3431 NW Thurman St.
  • $985,000
  • 4 bd/2.5 ba
  • 4,758 sqft living
  • 4,792 sqft lot
(source: windermere.com)

Illinois:

(source: sothebysrealty.com)

While there are some beautiful homes in states across our country, living in Hawaii is more than a home. Hawaii Life is a culture that embraces the Aloha in the “Aloha State.” Finding a home in Hawaii is all about discovering your ideal lifestyle and selecting a location from there. Let me help you find your piece of paradise!

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