Hawaii Home buyers want to know how much to offer for a house, sellers want to know how much to list a house for. Those seeking a property tax appeal want to know the market value of comparable homes in order to make adjustments to their home's worth. Variations in age, size, condition of the home, and other differences in amenities plus other factors weigh in on the overall market value of a home.

Hawaii real estate agents can offer a CMA (Comparable Market Analysis) for houses in the area. This is a ball park figure. A more definitive figure is arrived at by obtaining an appraisal. A Home Market Value Appraisal gives a definitive value for the specific time frame in which the analysis was conducted. Prices range upward to $350.00 depending on the region in which you live.

Doing your own Home Market Value Appraisal is not rocket science. Investigating and doing it yourself will save you money and also give you an edge in negotiating. We suggest checking into the two options listed above (1) and (2).

If you desire to challenge your house property taxes and want to go the professional route, be prepared to open your wallet wide. Besides the appraisal fee, the appraiser will have to charge for a day's time at the municipal review. If you decide on hiring a professional mouthpiece, the attorney will not guarantee the result. You could lose the case and easily lose over a grand in the process. Again, we suggest checking into the two options listed above (1) and (2).

House Property Tax Values The tax year for real property tax billing purposes runs July 1 to June 30. Tax bills are mailed on July 20. The 1st half taxes are due on or before August 20 and the 2nd half taxes are due on or before February 20. If you desire, you can elect to pay the entire bill for 1st half/2nd half taxes on or before August 20.

The postmark date is the date of receipt accepted by the County of Hawaii, Real Property Tax Division. Payment mailed after the due dates are subject to ten percent penalty and one percent interest the first of each month until the balance is paid in full.

US Census Bureau

Hawaii House Value, Home Appraisal Market Value, Property Tax Appeal Comparable Sales Information
(Statisics compiled from Bureau of Economic Analysis, an agency of the U.S. Department of Commerce)

The population of Hawaii in 2003 was 1,248,755. Its rank was 42nd in the nation. (The District of Columbia is included for ranking purposes.)

PER CAPITA PERSONAL INCOME
In 2003 Hawaii had a per capita personal income (PCPI) of $30,441. This PCPI ranked 23rd in the United States and was 97 percent of the national average, $31,472. The 2003 PCPI reflected an increase of 3.0 percent from 2002. The 2002-2003 national change was 2.2 percent. In 1993 the PCPI of Hawaii was $24,555 and ranked 7th in the United States. The 1993-2003 average annual growth rate of PCPI was 2.2 percent. The average annual growth rate for the nation was 4.0 percent.

TOTAL PERSONAL INCOME
In 2003 Hawaii had a total personal income (TPI) of $38,013,206. This TPI ranked 41st in the United States. In 1993 the TPI of Hawaii was $28,799,014 and ranked 38th in the United States. The 2003 TPI reflected an increase of 4.2 percent from 2002. The 2002-2003 national change was 3.2 percent. The 1993-2003 average annual growth rate of TPI was 2.8 percent. The average annual growth rate for the nation was 5.1 percent.

State capital: Honolulu

Principal towns: Hilo | Honolulu | Kahului | Kailua-Kona | Lihue

Islands: Hawai‘i | Kaho‘olawe | Kaua‘i | Lāna‘i | Maui | Moloka‘i | Ni‘ihau | Northwestern Hawaiian Islands | O‘ahu

Counties: Hawai‘i | Honolulu | Kalawao | Kaua‘i | Maui

Homeowner taxes likely to rise By Robbie Dingeman Advertiser Staff Writer

Honolulu property values climbed nearly 26 percent over last year, capping six years of growth that have nearly doubled assessed values and sent tax bills skyrocketing. For complete article click Hawaii Property Taxes

Best Solution to Soaring Property Taxes: Cut the Tax (KHNL)

The Honolulu City Council is looking at 16 different proposals to ease the burden on taxpayers. Some focus on taxpayers in different income group, others on the length of time someone has owned their home.

But one tax expert says they won't really solve the problem.

"Well, as I characterize most of them, they're all gimmicks, gimmicks to fool the taxpaying public that they're going to get some kind of tax relief," said Lowell Kalapa of the Tax Foundation of Hawaii. For complete story click Hawaii Property Tax

Hawaii Property Taxes, Hawaii Property Tax Appealsa, Hawaii
House Values

Property Taxes, House Values Directory For State Home Values

Hawaii Home Values, Property Tax Appeals, Current Market Value, Comparable House Sales Information, Tax Roll Information, Property History Information and Statistics.