Quote:
Originally Posted by Bear Islander
You can check Bear Island evaluations at the link below. My place has a tax value of 341,100. Two months ago an appraiser went to our place by skimobile to value it for refinance. They valued it at 347,000. Our place is, in my opinion, a little better than average for the island.
http://data.visionappraisal.com/MeredithNH/DEFAULT.asp
It's easier to price used boats so I checked usedboats.com and found they list 12 Carvers that are 2007 or 2008 model years. They ranged from 299,000 to 1,474,610 with an average price of $655,000. New Carvers obviously sell for more.
http://www.usedboats.com/used-carver-boats.htm
So you see Carvers cost a lot more than waterfront property. And obviously a boat will not hold its value like real estate will. Making the waterfront home even cheaper in the long run. |
True all around Bear Islander. Your house has some big positives, great location!
It is also very true that a Yacht like a Carver is not a good investment that is for sure.
However, with all that said who are we to dictate how people spend their leisure time on the lake? Many of those Yacht owners who own slips in the Marinas would never trade their lifestyle for yours and mine (island life). They don't look at it as a bottom line issue. They enjoy having their boat at the mainland. Remember an island home is not for everyone.