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Old 12-13-2010
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The rigging and spars are often upwards of 40% of the cost of a boat.

The advantages that a boat like the Contessa 26, Cape Dory 25D, Southern Cross, etc., would already come equipped with:
  • Inboard Diesel engine
  • Deck hardware, in many cases already rigged for single-handing
  • Anchor and ground tackle
  • Head, holding tank, plumbing
  • safety gear, often including PFDs, Flares, Air Horn, etc.

I'd point that a fully equipped Southern Cross 28, that had a watermaker, windvane self-steering, and solar panels on it and was basically turnkey for bluewater passage making sold for less than $25,000 a couple years ago. I seriously doubt that you could build your vagabond for $25,000 and you'd still have to buy and install the watermaker, solar panels, and windvane.... and that doesn't even account for the thousands of hours you'd be working on the Vagabond.

If you want to sail, buy a boat that is pretty much ready to go in five years and then spend the next three years getting to know the boat; learning how to repair, troubleshoot and maintain the systems aboard her; and sailing her in all weather conditions. That would be a much wiser and cost-effective way of preparing yourself and your boat for the journey you're proposing.
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Telstar 28
New England

You know what the first rule of sailing is? ...Love. You can learn all the math in the 'verse, but you take
a boat to the sea you don't love, she'll shake you off just as sure as the turning of the worlds. Love keeps
her going when she oughta fall down, tells you she's hurting 'fore she keens. Makes her a home.

—Cpt. Mal Reynolds, Serenity (edited)

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