Valueing old wooden boat.

[Watchit]

Can anyone help me value a 1957 45ft wooden ketch?

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[bedouin]

I'm not an expert but I think it would be totally dependent on it's condition. The trouble with wooden boats is that they seem to need a major rebuild every 50 years or so - and the cost of that rebuild is often more than you could sell the boat for once completed /forums/images/icons/frown.gif

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[Evadne]

Exactly, there's a 53' wooden boat at Greenwich, ten years younger than yours and they want millions for it! If you can't find a similar sort of boat for sale in the brokers' ads, which will give you a ball-park figure, then a proper wooden boat marine surveyor will do the job for £200-£300 pounds. As a rule of thumb, wooden boats are a lot less in price than their grp equivalents, even when the same age, so if she's in reasonable working order, she could be valued anywhere between £10,000 and £30,000, depending on her state and inventory.

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[milltech]

I well remember some comments from a surveyor about a boat I was interested in, and trying to get to the core of the technical stuff because I didn't want to believe him I asked for a laymens description and was told, "15 years in a Force 5 and 15 minutes in a Force 8".

(Hasn't put me off wooden boats though).

<hr width=100% size=1>John
http://www.on-line-marine.com<P ID="edit"><FONT SIZE=-1>Edited by milltech on 06/10/2004 13:02 (server time).</FONT></P>

 

[snowleopard]

depends not only on the condition but also the initial specs. a bronze-fastened teak hull will be worth far more than iron-fastened pine.

a boat of that size is going to cost a fortune in time and money unless it's on top line when you start. it may be cheap to buy but it will cost the same as any other 45 footer to keep.

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