
10-25-2003
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Super Moderator
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Join Date: Feb 2000
Location: Annapolis, Md
Posts: 5,484
Rep Power: 14
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Project boat hunters
Boats like these are a tough call. In really nice shape these boats have a value somewhere south of $35,000. When you think about what is involved in putting a boat this size through a ''complete refit'', assuming that all of the labor is free, the materials and parts alone are worth more than the boat will ever be worth. I generally recommend that people be careful in their choice of a project boat. In other words I suggest that people contemplating taking on a project boat should pick a boat that will be a good boat when it is finished so that it will be worth their efforts even if the boat can''t be sold for what they have in it. This is not one of those ''good boats''. Given that these boats are such poor sailors and so reviled in the court of public opinion I would think that there are much better project boats out there.
On the other hand, I feel sorry for the widow who is stuck with it.
Respectfully,
Jeff
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