diff --git a/aegisub/build/libiconv/libiconv.vcxproj b/aegisub/build/libiconv/libiconv.vcxproj
index ca3a07b78..93e68a9a9 100644
--- a/aegisub/build/libiconv/libiconv.vcxproj
+++ b/aegisub/build/libiconv/libiconv.vcxproj
@@ -38,7 +38,7 @@
   <!-- Aegisub project configuration -->
   <PropertyGroup Label="AegisubConfiguration">
     <AegisubProjectType>lib</AegisubProjectType>
-    <SrcDir>..\..\..\..\contrib\iconv\</SrcDir>
+    <SrcDir>..\..\..\contrib\iconv\</SrcDir>
   </PropertyGroup>
   <ImportGroup Label="PropertySheets">
     <Import Project="$(MSBuildThisFileDirectory)..\aegisub.props" />
@@ -63,4 +63,4 @@
     <ClCompile Include="$(SrcDir)libcharset\localcharset.c" />
     <ClCompile Include="$(SrcDir)libiconv\iconv.c" />
   </ItemGroup>
-</Project>
\ No newline at end of file
+</Project>