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Can anyone help a New Boat Owner ona custom Ketch?
Looking at the picture you it''s hard to say for sure if you paid too much. It really looks like it needs a lot of work to fix and maybe even "unfix" some things already done to it.
It sure is possible to fix but you really should find some local experts that can survey the boat and really help you put a work list togther, then run some estimates on costs and look at what it will take to complete.
Now for a moment suppose this boat were restored to good condition (not really like new but good) the qestion to ask is if this is a boat you would really love to be on the water in? If you just want to sail and have a boat there are better ways to get one than a HUGE project like this one. A project like this one to me seems like it should be some classic old boat that might draw a crowd of anxious on lookers.
Some times "Project Boats" cost more to fix than they are worth as in:
If you took the money you will spend (it''s going to be a whole lot) and the time you''ll invest (more weeeknds than you may want to invest) could you come out ahead with another boat? Would another boat be easier, cheaper and maybe better? A detailled survey would tell you.
It really is about your money and your time. Don''t fall in love just yet. I can''t see a prince under this frog. Be a sailor not a boat yard worker in Florida of all places. It''s about sailing after all.