New ADU policy is game-changer.

In September 2015, Honolulu Mayor Kirk Caldwell signed into law a bill that establishes Accessory Dwelling Units on properties larger than 3,500 square feet. The bill is an initiative to increase the amount of housing options in the underserved rental market of Hawaii and increase affordable housing stock. In, July 2016 Mayor Caldwell added an addendum that waives building permit …

Honolulu mayor signs ADU incentive bill into law

Oahu homeowners will now be able to save up to $10,000 in application fees when building an accessory dwelling unit (ADU) on their property. Honolulu Mayor Kirk Caldwell signed Bill 27 into law Thursday, which waives all building permit, grading, and inspection fees, and wastewater facility charges, for a two-year period. It also permanently waives park dedication requirements for ADUs. …

Million Dollar Creep: Where Seven Figure Homes are the New Normal

Since 2012 the share of million dollar homes in the United States has increased from 1.6% to 3%, but many metros and neighborhoods have seen a much larger increase. The million-dollar home used to be a rarity in the United States, but is now becoming commonplace in several of America’s largest housing markets. Among the 100 largest metros, San Francisco …

15 Best-Life Secrets Tiny House Dwellers Know

Radical downsizing may be a daydream for most people — but the intrepid folk who live in itty-bitty homes have a thing or two to teach the rest of us about living the good life and making the most of what we’ve got. Read the entire article here. Source: HGTV.com (Published: 2016.05.01)

Changing the ABCs of ADUs

When they were announced last year, accessory dwelling units were touted as a potential quick fix to help alleviate O‘ahu’s housing shortage.  At that time, Mayor Kirk Caldwell noted that the zoning law change would allow ADUs on as many as 20,000 residential properties. Homeowners were expected to leap at the chance to build what would essentially be a small …

Can Hawaii residents buy into growing ‘tiny home’ trend?

As the price of buying a home on Oahu continues to climb, more people are finding themselves priced out of the market. But there are new alternatives that eschew the whole “bigger is better” concept for “small, with style.” Step inside what’s known as a tiny home and look around. If you didn’t know any better, you might think you …

Is ADU Right for You?

IN AN EFFORT to create more affordable housing on Oahu, the City and County of Honolulu is putting some of the power in homeowners’ hands by encouraging them to offer legal, long-term rentals on their properties in the form of accessory dwelling units or ADUs. An ADU can either be attached to or detached from the primary residence on the …

New law allows homeowners to build, rent second home on property

Source: KNON2 – September 14, 2015 The city took another step toward easing Hawaii’s affordable housing crisis Monday. Honolulu Mayor Kirk Caldwell signed a bill into law that lets homeowners build and rent out a second home on their property. With the median Honolulu home priced at around $700,000 and Honolulu’s growing homeless population, something needs to be done to …