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Home World New Zealand

Home renovation turns neglected property into $6 million sale in Auckland

25 February 2026
in New Zealand
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An Auckland home, once labeled the “worst house on the best street,” has sold for over $6 million at auction, significantly exceeding its council valuation of $2.425 million. The Ponsonby bungalow, which covers a 556 square meter section, was previously purchased for $2.17 million in October 2020. The property has undergone extensive renovations, including a second story, an additional bedroom, and a swimming pool.

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Tags: 6malmostAucklandauctionbestcouncilcvdoupdubbedhomeHouseinnercityinto..Millionmore..neglectedononceponsonbypropertyRenovationsalesoldStreetthanTimesTransformsturnstwoandahalfValuationworst
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