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To Build or Not to Build?

Pastoral View from 310 Acre Erewhon Ranch in Kula – $9.5M

I realise that many people would rank building a new home second only to getting a divorce in terms of stress, and sometimes, the latter follows the former.

Yes. It can be stressful to build a new home as there are literally 100’s of decisions to be made for things like flooring, cabinetry, paint, siding, appliances, etc. It is important that someone take charge or have a person they have confidence in to make those choices.

During the most recent real estate downturn, the decision was somewhat easier as it made more sense to buy resales which were selling below replacement cost. Now that the prices for homes have gone up, I feel that you can build equity faster by building your own home.

If this might be of interest to you, I’d be happy to provide you with examples for house/lot packages that might surprise you. I am putting my money where my mouth is as I plan to build at least one new home in the very near future.

Have a wonderful week.

Aloha,

Ken

P.S. If building is simply not your cup of tea, I can certainly understand. If you are looking for a luxury home with outstanding bi-coastal views for around $1.6 million, there is a property that may be perfect for you. It is not in the MLS per instructions from the Seller. I took a video of this property in the exclusive gated Kulamalu Hilltop subdivision.

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About The Smith Team

Ken Smith, a Maui resident for 35 years, brings his extensive local knowledge and passion for the island to his successful real estate career. Alongside his daughter-in-law, Melissa Smith, and Greg Smith, the Smith Team provides a wealth of experience and dedication to clients seeking to buy or sell property in Maui.

Melissa Smith, a third-generation Maui native, combines her deep understanding of the island's growth with a commitment to exceptional service. She empowers clients with knowledge to make informed decisions in finding their dream homes. With a background as a top agent and a Broker's license, Melissa's expertise is invaluable.

Gregory P. Smith, a lifelong Maui surfer, channels his passion for the island and its natural beauty into his real estate profession. His enthusiasm, deep market knowledge, and dedication to exceeding client expectations make him an exceptional agent.

The Smith Team's combined local expertise, commitment to client service, and understanding of the unique Maui real estate market make them an ideal choice for those looking to navigate the island's property landscape. Their proven track record ensures a smooth and successful experience for both buyers and sellers.