How to Choose the Maui Property that's right for you:

Here are some tips to help determine which house is best for you.

Once you've settled on a couple of preferred neighborhoods or areas for your Maui property search, it's time to pick out a few properties to view. Having a features “wish list” keeps you focused on which features are most important to you.

When narrowing down your home search, consider the following:

  • know what types of property you want to buy
  • determine what age range and condition of the property you want to buy
  • consider resale potential
  • use a features wish list to keep focused
  • use a property search comparison chart to keep organized
  • act decisively when you find the right property for you

Determine What Type of Property You Want to Buy

There are several forms of home ownership: single-family homes, multiple-family homes, condominiums.

Single-family homes: One home per lot.

Multiple-family homes:  Multiple-family duplexes and apartment buildings are rare here in West Maui.  However, on some agriculturally zoned parcels and other residential areas, you will sometimes find "Ohanas" or what is often referred to as "in-law's quarters" on the mainland.  Please keep in mind that the county has strict zoning regulations, which dictate if an ohana is permissible, and if so, the size.   CC&R's may also further restrict whether ohanas are allowed.  In the Kapalua Resort, for instance, ohanas have been permitted at the Plantation Estates and Honolua Ridge.   

Homesite:  I am happy to provide you with information on the building process here on Maui, should you wish to proceed with building your dream home.

Condominiums: With a condo, you typically own "from the wall in." You also own a certain percentage of the "common elements" - staircases, sidewalks, roofs, the grounds, etc. Monthly charges pay your share of the insurance on those elements, as well as repairs and maintenance. A homeowner’s association (AOAO) administers the development and upkeep.  It is important to ascertain what your insurance policy will cover and what is covered by the AOAO's insurance policy. 

Fee Simple and Leasehold: Maui, and West Maui in particular, is fairly unique in that there are several  leasehold developments.  Fee Simple ownership means that you own the lot or in the case of a condominium, a percent interest in the land which is common element.  This is the type of ownership to which most mainlanders are accustomed.  In a leasehold property ownership, another party owns the land and you, as the lessee, essentially buy the right to occupy the land for a period of time and a lease rent is paid to the owner of the land.  The terms of the lease are set forth in the lease agreement, including the renegotiation terms, restrictions on use, and the surrender clause.  These documents are provided for your review at the time of purchase.  Sometimes a leasehold property will be "converted" to fee simple, and you may see the property advertised in MLS as "leasehold-fee available".  The properties for sale in the Kapalua Resort are, for the most part, fee simple.  Please don't hesitate to contact me or a Maui attorney with any questions.

Decide What Age and Condition of Home You Want to Purchase

Weigh your needs, budget and personal tastes in deciding whether you want to buy a newly constructed home or condominium, an older property, or a "fixer-upper" that requires some work.

Consider Resale Potential

As you look at properties, you may want to keep in mind these resale considerations.

  • The Maui market is unique due to its limited inventory overall and price range.  Many home-buyers and second home owners will purchase condominiums rather than homes for ease of care or price point.
  • Homes with "curb appeal," i.e., well-maintained, attractive and with a charming appearance from the street, are the easiest to resell.
  • The most expensive houses on the street, or ones with anything unusual or unique are not suited for resale. The best investment potential is traditionally found in a less expensive, more moderately sized home.

Use a Features Wish List to Keep Your Search Focused

Make a features wish list to clarify which features are most and least important to you when looking for a home. Using this features wish list will keep your house hunt focused and effective.   Some typical considerations in our market are: proximity to the ocean and beaches, views, size of property, proximity to various amenities and rentability.

Use a Home Comparison Chart to Keep Your Observations Organized

While house hunting, it's a good idea to make notes about what you see because viewing several properties at a time can be confusing. Use a home comparison chart to help you keep track of your search, organize your thoughts and record your impressions.

Act Decisively When You Find the Right Home

Before you begin the home buying process, resolve to act promptly when you do find the right property.  Most second homeowners will come to Maui, familiarize themselves with an area, narrow down their neighborhoods of choice, and watch the market.  I post market updates to this site for that purpose, and can set the MLS to notify you of any new listings that meet your search criteria.

Resolve that you will act decisively when you find the property that’s clearly right for you. This is particularly important after a long search or if the property is newly listed and/or underpriced.