Index: src/main/java/org/apache/maven/plugin/ant/AntBuildWriter.java
===================================================================
--- src/main/java/org/apache/maven/plugin/ant/AntBuildWriter.java	(revision 307222)
+++ src/main/java/org/apache/maven/plugin/ant/AntBuildWriter.java	(working copy)
@@ -478,7 +478,7 @@
 
         writer.startElement( "property" );
         writer.addAttribute( "name", "maven.repo.local" );
-        writer.addAttribute( "value", "${user.home}/.m2/repository" );
+        writer.addAttribute( "value", localRepository.getAbsolutePath() );
         writer.endElement(); // property
 
 /* TODO: offline setting