Water in Hawaiian Beaches

[Kahunascott]

I spoke with my realtor yesterday and she told me that the water company (Miller and Loeb) in HB would not hook up to any more new homes until they dig a new well? Any hear about this? Does any one know the time frame on the new wells? What will it do to the short-term market if you buy a lot and can’t build a house?

[punafish]

I have a house in Hawaiian Shores, thankfully already hooked up to water. But I heard the same rumor. Does this mean the property values of existing homes hooked up to Miller and Loeb will go up? Or will property values of future homes go down? I suspect the latter...

(Favorite new quote: "Had I known I was going to live this long, I'd have taken better care of myself."

Tim

[loffelkopffl]

you could still build a house and use catchment for your water, like thousands of us. aloha

[punafish]

God bless catchment systems, got nothin' against 'em. Just curious about the effect on property values. In HPP or Leilani, your lots are (usually?) 1 acre, correct? In Hawaiian Shores lot sizes are typically 1/4 to 1/3 of an acre. Add a catchment system and your usable real estate shrinks. I'd like to hear what the resident realtors think. John, Joe, others - any wisdom you can share with us?

Tim

[jdirgo]

It is true that Miller and Leib are not making any new connections until a new well can be drilled. They have starting a "waiting list" of connections to be done once the new well is available. This could be a couple of years. It does not affect most of the properties in Hawaiian Shores Recreation Estates. I suspect it won't affect existing home values in any of the subdivisions there, but it will definitely affect the prices for lots until water is available.

John Dirgo, RA, ABR, e-PRO
RE/MAX Properties
808-987-9243 cell

[Brad W]

A neighbor of mine is just finishing up his new home in the Beaches. He held off on the water connection until the last minute in an attempt to save the 20 or so bucks a month. Our water company told him last week it might be a year. Ouch! One thing to remember about catchment down here, we get a lot less rain than other areas more mauka.

[John S. Rabi]

I agree with John, I don't think the existing homes on water prices will go up but the prices of the vacant lots will drop because of the lack of the county water. It would not make a difference in subdivisions where county water is not available at all, but just look at Nanawale Estates, the prices of the lots on county water are much higher than the prices of the lots not on county water.

Aloha,
John S. Rabi, ABR,CM,CRB,FHS,PB,RB
http://www.JohnRabi.com
Typically Tropical Properties
75-5870 Walua Road, Suite 101
Kailua-Kona, HI 96740
(808)327-3185