This summer I toured a couple of 6,000 to 7,000 square foot mansion in the Kahala neighborhood of Honolulu, all in preparation for a potential move in two or three years. We plan to move back for either 6th or 7th grade for our son and 3rd or 4th grade for our daughter, so we figured why not scope out some sweet properties ahead of time.
The main conclusion I came away with is that these homes aren’t just too expensive at $8 million to $10 million. They’re also too big. Maintenance plus the utility bill to cool the place and run the waterfalls alone would run $3,000 to $5,000 a month.
The Middle Of The Market Isn’t Great Value
We then toured a…
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