Join Date: Feb 2000
Location: Annapolis, Md
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The Metalmast 30 was a Lee Creekmore designed IOR 1/2 tonner. They were pretty poorly built during a portion of the IOR where the rule was changing frequently and the boats were seen as disposable. It was an era where ballast ratios was dropping leading to the Fastnet Disaster. Unless really clean, updated and well equipped, IOR Half tonners of that era have very small values, moderately clean ones typically sell for somewhere down around $5-10K (look at comparable boats Chaser 30's, San Juan 28's)
The reason that these boats have such cheap prices is that they are extremely difficult to race competitively under PHRF and they they make poor cruisers since they have such poor seaworthiness and their intollerence for carrying any excess weight. They are not bad daysailors and as liveaboard have lots of room at least horizontally, with not all that great headroom.