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A Canterbury trust aims to build and sell 10 houses at less than half the average national price in a bid to bring new skills to a quake-hit town. Using a shared-equity scheme, support from local tradespeople and a loan from the owner of a nearby racecar manufacturing business makes the low price possible (file image). Photo: 123RF The Hurunui Community Development Trust is building a kit-set four bedroom home in Waiau, north of Christchurch, which it is selling for $350,000. Waiau experienced a heck of a shake in an earthquake about four years ago. As part of the recovery from that we got a chance to sit down and make some decisions and set some goals for ourselves around community and how we wanted that to look, Kelly said. ....
Trust wants to sell homes for half the national average Trust wants to sell homes for half the national average Tuesday, May 25, 2021 RNZ A Canterbury trust aims to build and sell 10 houses at less than half the average national price in a bid to bring new skills to a quake-hit town. The Hurunui Community Development Trust is building a kit-set four bedroom home in Waiau, north of Christchurch, which it is selling for $350,000. Waiau experienced a heck of a shake in an earthquake about four years ago. As part of the recovery from that we got a chance to sit down and make some decisions and set some goals for ourselves around community and how we wanted that to look, Kelly said. ....
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