Spot the difference – all $2.7m worth

They both have leafy, flat lawns, gazebos and the ability to play home movies.

One sold this year for $67,000 while the other was 41 times that price.

The cheapest property sold in the Wellington region in the year to mid-December was a $67,000 unit in a Lower Hutt independent-living retirement home.

That's a world away from the most expensive confirmed sale - a $2.78 million home in Mallam St, at the city end of Karori.

And that may not even be the most lucrative land deal.

The Dominion Post understands a house sold privately in Roseneath in recent months for more than $5m, but because it was a private sale, it did not show up in figures supplied by PropertyIQ.

When the Mallam St property was marketed in February the "estate-like" four-bedroom home was described as the best family and lifestyle property that agent Nicholas Reeve had seen in 25 years on the job.

"It's very private, gets all-day sun and would be one of the closest Karori homes to the city yet offers so much space and seclusion."

The refurbished 1920s house sits on 1700 square metres of "sunny, leafy grounds, complete with full-sized tennis court and heated swimming pool".

Renovated in the past 14 years, the 380sqm house boasts bi-folding doors to a large courtyard, home-theatre wiring and a gated entrance.

Continue reading here:
Spot the difference - all $2.7m worth