The three-bedroom house, built by about 20 Te Pūkenga Otago Polytechnic students, was sold at a charity auction in Dunedin on Saturday for $385,000.
The buyer was Nigel Maxwell, 46, and he said he planned to take it to Mosgiel.
He had just sold a house there.
Mr Maxwell was pleasantly surprised by the price he paid for the new house.
Auctioneer Chris Maclean told those at the auction many businesses had contributed materials to the project and the house would be repainted.
Bids started at $250,000 and initially increased in increments of $20,000.
There was a two-way contest at the end as bids rose by $2000 and $3000, before the winning bid was confirmed as Mr Maxwell’s.
Charity auctions for houses built by Otago carpentry students began 17 years ago.
Funds raised go to the Catalytic Foundation, which distributes the proceeds to charities in Otago.
‘‘About 30 community organisations will benefit from this,’’ Catalytic Foundation chairman John Gallaher said.
The Charity House project has raised more than $1.5 million since its inception.
Last year, Otago Polytechnic gave $110,000 to the Catalytic Foundation from the Charity House sale.
The auction price for a furnished four-bedroom house in 2022 was $405,000, which broke the previous record of $365,000 set in 2021.
