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Marlborough, where million-dollar houses aren t what they used to be
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2020 year in review: Pandemic dominates
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Wendie Cantwell and Kyle Powell bought one of the lots. The Blenheim couple had a house in town, but wanted more land. “We have been looking for a section for about five years, on and off. It is hard to know what to do because you obviously have your plan but then your plan does not happen because there are so many variations to what can happen between banks, builders, the market .
Brya Ingram/Stuff Cantwell accepted “the price we paid today is relevant to the market”. The Wai-iti sections were listed with Bayleys Marlborough. A 502 square metre section had a reserve of $310,000. A 1093sqm section was starting at $350,000.