Go Back   Winnipesaukee Forum > Winnipesaukee Forums > Boating
Home Forums Gallery Blogs YouTube Channel Classifieds Links Calendar Register FAQDonate Members List Search Today's Posts Mark Forums Read

Reply
 
Thread Tools Display Modes
Old 11-06-2020, 06:04 PM   #1
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,721
Thanks: 784
Thanked 999 Times in 626 Posts
Default Slips and valet for 2021 tight market?

Just got my valet renewal for 2021 at MVYC. Up about 10% from this year, but I think still a fair price. The service from Irwin Marine is 100% top notch. This is earlier than usual and they're looking for an early commitment before they go to the waiting list.
I've seen some classifieds from folks looking for slips for 2021, but not a lot of owners looking for tenants. Is this market going the way of lakes region real estate?
Descant is offline   Reply With Quote
Old 11-06-2020, 06:12 PM   #2
joey2665
Senior Member
 
joey2665's Avatar
 
Join Date: Sep 2008
Location: Meredith Bay & LI, NY
Posts: 2,898
Thanks: 877
Thanked 851 Times in 558 Posts
Default

Akwa Marina went up also for 2020-2021.


Sent from my iPhone using Winnipesaukee Forum mobile app
joey2665 is online now   Reply With Quote
Old 11-06-2020, 08:15 PM   #3
steve-on-mark
Senior Member
 
steve-on-mark's Avatar
 
Join Date: Jul 2009
Location: Epping, NH / Mark Island
Posts: 731
Thanks: 52
Thanked 368 Times in 182 Posts
Default

Quote:
Originally Posted by Descant View Post
Just got my valet renewal for 2021 at MVYC. Up about 10% from this year, but I think still a fair price. The service from Irwin Marine is 100% top notch. This is earlier than usual and they're looking for an early commitment before they go to the waiting list.
I've seen some classifieds from folks looking for slips for 2021, but not a lot of owners looking for tenants. Is this market going the way of lakes region real estate?
All I can say is I'm sure glad I bought last fall instead of waiting another year!
steve-on-mark is offline   Reply With Quote
Old 11-13-2020, 10:05 AM   #4
codeman671
Senior Member
 
codeman671's Avatar
 
Join Date: Jan 2005
Posts: 2,755
Thanks: 134
Thanked 499 Times in 307 Posts
Default

Quote:
Originally Posted by steve-on-mark View Post
All I can say is I'm sure glad I bought last fall instead of waiting another year!
Buy the slip, get an enclosed boat, damn I am full of good advice! Now I know why you miss me so much!

We grew tired of the concern each year of losing our spot. I am glad we bought too.

One just hit the market in MVYC at $165k!
codeman671 is offline   Reply With Quote
Old 11-13-2020, 11:16 AM   #5
upthesaukee
Senior Member
 
upthesaukee's Avatar
 
Join Date: Jan 2003
Location: Alton Bay
Posts: 5,242
Blog Entries: 2
Thanks: 1,994
Thanked 1,721 Times in 954 Posts
Default Holy Dock Space Batman

Quote:
Originally Posted by codeman671 View Post
Buy the slip, get an enclosed boat, damn I am full of good advice! Now I know why you miss me so much!

We grew tired of the concern each year of losing our spot. I am glad we bought too.

One just hit the market in MVYC at $165k!


Dave
__________________
I Live Here... I am always UPTHESAUKEE !!!!
upthesaukee is offline   Reply With Quote
Sponsored Links
Old 11-13-2020, 01:05 PM   #6
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,721
Thanks: 784
Thanked 999 Times in 626 Posts
Default Wow! $165K

Quote:
Originally Posted by upthesaukee View Post


Dave
Times, they are a-changin'.
Makes you wish you still had a boat, right, Dave?
Descant is offline   Reply With Quote
Old 11-13-2020, 01:38 PM   #7
Formula260SS
Senior Member
 
Formula260SS's Avatar
 
Join Date: Oct 2006
Location: NH
Posts: 381
Thanks: 11
Thanked 76 Times in 51 Posts
Default Slips

We just purchased one last week at probably a 20% increase over what we could have paid a few years ago. It worked out fine for us as we're happy with what we paid given the market. I don't see prices softening at all, they are only going to increase especially with all the boats they sold this season. One large Marina I know had their best year in company history. I say if you can find one at a decent price grab it, it's only going to get tougher in the future.
Formula260SS is offline   Reply With Quote
Old 11-13-2020, 01:53 PM   #8
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 4,076
Thanks: 1,039
Thanked 1,303 Times in 781 Posts
Default

Quote:
Originally Posted by Formula260SS View Post
We just purchased one last week at probably a 20% increase over what we could have paid a few years ago. It worked out fine for us as we're happy with what we paid given the market. I don't see prices softening at all, they are only going to increase especially with all the boats they sold this season. One large Marina I know had their best year in company history. I say if you can find one at a decent price grab it, it's only going to get tougher in the future.
I wonder, though, how many people might discover that the boating life doesn't fit them, or that their lifestyles don't accommodate lake life.

My first couple years were spent at a marina doing valet and there was always a pristine, unused boat in the water next to the launch. I happened to meet the owner one day and was told he was selling because he just couldn't find the time in his life. I think we might see a fair amount of that in the upcoming years.

Sent from my SM-G950U using Winnipesaukee Forum mobile app
thinkxingu is online now   Reply With Quote
The Following User Says Thank You to thinkxingu For This Useful Post:
jtilds (04-06-2021)
Old 11-13-2020, 02:50 PM   #9
Formula260SS
Senior Member
 
Formula260SS's Avatar
 
Join Date: Oct 2006
Location: NH
Posts: 381
Thanks: 11
Thanked 76 Times in 51 Posts
Default

I agree a percentage will drop off but the net result will be an increase. They aren't making anymore waterfront or slips and public access has been getting pinched for years. Values on everything around the lake have increased, my belief is it will continue.
Formula260SS is offline   Reply With Quote
Old 11-13-2020, 02:52 PM   #10
steve-on-mark
Senior Member
 
steve-on-mark's Avatar
 
Join Date: Jul 2009
Location: Epping, NH / Mark Island
Posts: 731
Thanks: 52
Thanked 368 Times in 182 Posts
Default

Quote:
Originally Posted by codeman671 View Post
Buy the slip, get an enclosed boat, damn I am full of good advice! Now I know why you miss me so much!

We grew tired of the concern each year of losing our spot. I am glad we bought too.

One just hit the market in MVYC at $165k!
Yep, always great advice! If you could just give me advice on how to get the " Spawn of Satan" deported back to hell, I'd be eternally grateful!

Sent from my SAMSUNG-SM-G930A using Winnipesaukee Forum mobile app
steve-on-mark is offline   Reply With Quote
The Following User Says Thank You to steve-on-mark For This Useful Post:
MBNeckguy (04-03-2021)
Old 11-13-2020, 03:09 PM   #11
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,721
Thanks: 784
Thanked 999 Times in 626 Posts
Default 2020 hindsight

In 1980, when local motels were being converted to condo's, we bought one. My wife said we should have bought two. Keeping teants moving in and out on a weekly basis was a real pain, so we sold and bought a boat slip. Yup. Should have bought two.
Descant is offline   Reply With Quote
Old 11-13-2020, 04:50 PM   #12
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 2,987
Thanks: 1,380
Thanked 856 Times in 534 Posts
Default

Dropped my prop off at H&H prop repair in Salem Ma today. To say he was busy is an under statement.
Biggd is online now   Reply With Quote
Old 11-13-2020, 04:52 PM   #13
ishoot308
Senior Member
 
Join Date: Feb 2008
Location: Gilford, NH / Welch Island
Posts: 5,088
Thanks: 1,950
Thanked 4,136 Times in 1,587 Posts
Default

Quote:
Originally Posted by Biggd View Post
Dropped my prop off at H&H prop repair in Salem Ma today. To say he was busy is an under statement.
There's a lot of rocks out there!!

All kidding aside H&H is the best!

Dan
__________________
It's Always Sunny On Welch Island!!
ishoot308 is offline   Reply With Quote
Old 11-13-2020, 05:08 PM   #14
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 2,987
Thanks: 1,380
Thanked 856 Times in 534 Posts
Default

Quote:
Originally Posted by ishoot308 View Post
There's a lot of rocks out there!!

All kidding aside H&H is the best!

Dan
And I hit more than one in the month of Oct.
Biggd is online now   Reply With Quote
Old 11-13-2020, 07:00 PM   #15
steve-on-mark
Senior Member
 
steve-on-mark's Avatar
 
Join Date: Jul 2009
Location: Epping, NH / Mark Island
Posts: 731
Thanks: 52
Thanked 368 Times in 182 Posts
Default

Quote:
Originally Posted by Biggd View Post
And I hit more than one in the month of Oct.
so far so good....have a few weeks left to go, and the water level's pretty low at the end of my dock...keeping my fingers crossed!
steve-on-mark is offline   Reply With Quote
The Following User Says Thank You to steve-on-mark For This Useful Post:
Alton Bay (04-08-2021)
Old 04-01-2021, 08:54 PM   #16
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 2,721
Thanks: 784
Thanked 999 Times in 626 Posts
Default Quick sale

A family member reports that a slip at MVYC went on the market 3/30 and is already (4/1) under agreement for at least the asking price, $110K, for a 10 x 36, non- bulkhead location. No marketing, only on the MVYC classifieds as far as I can tell. That's quick. The tax card indicates it sold in April 2020 for $70K.
Descant is offline   Reply With Quote
Old 04-08-2021, 10:21 AM   #17
Rich
Senior Member
 
Join Date: Jun 2012
Location: Derry / Gilford
Posts: 1,159
Thanks: 42
Thanked 321 Times in 214 Posts
Default

You can have my 40 ft deep water, unlimited beam slip for $295K. It comes with a 38 ft cruiser which sleeps 4 in luxury, or 6 comfortably.

Where else can you get 40 ft of Winnipesaukee water front (water top?) for this steal of a price!

Perhaps in this market, this price is too low?
__________________
Don't listen to me, obviously I don't understand what I'm talking about!
Let's help each other save time and money: WinniGas.com
Rich is offline   Reply With Quote
Old 04-08-2021, 11:06 AM   #18
codeman671
Senior Member
 
codeman671's Avatar
 
Join Date: Jan 2005
Posts: 2,755
Thanks: 134
Thanked 499 Times in 307 Posts
Default

Someone just posted a slip at Gilford Yacht Club for $9500/season. Yikes!
codeman671 is offline   Reply With Quote
Old 04-08-2021, 11:54 AM   #19
camp guy
Senior Member
 
camp guy's Avatar
 
Join Date: Apr 2004
Location: formerly Winter Harbor, still Wolfeboro
Posts: 922
Thanks: 220
Thanked 337 Times in 204 Posts
Default Slips and valet for 2021 tight market

A few years ago the ski industry was overrun with slope-side ski in-ski out condos, then the economy changed, and these extremely overpriced condos were on the market at "give-away" prices. Is the boating industry in danger of following in these footprints? To what extent is COVID driving some of this increase in boating and dock usage, and, when society is back to the pre-pandemic level of activity, what will be the activity level then?

I don't have a boat or a dock, I don't live on the Lake, and I am not an economist.
camp guy is offline   Reply With Quote
Old 04-08-2021, 03:46 PM   #20
Biggd
Senior Member
 
Join Date: Nov 2016
Location: Waltham Ma./Meredith NH
Posts: 2,987
Thanks: 1,380
Thanked 856 Times in 534 Posts
Default

Quote:
Originally Posted by camp guy View Post
A few years ago the ski industry was overrun with slope-side ski in-ski out condos, then the economy changed, and these extremely overpriced condos were on the market at "give-away" prices. Is the boating industry in danger of following in these footprints? To what extent is COVID driving some of this increase in boating and dock usage, and, when society is back to the pre-pandemic level of activity, what will be the activity level then?

I don't have a boat or a dock, I don't live on the Lake, and I am not an economist.
When there's a recession the boat loan is the first to take a hit. We don't know when that will be but it will happen.
Even if you own the boat outright, if money is tight, it doesn't go in the water and slips become available.

Last edited by Biggd; 04-11-2021 at 12:57 PM.
Biggd is online now   Reply With Quote
Old 04-09-2021, 10:04 AM   #21
Rich
Senior Member
 
Join Date: Jun 2012
Location: Derry / Gilford
Posts: 1,159
Thanks: 42
Thanked 321 Times in 214 Posts
Default

Quote:
Originally Posted by codeman671 View Post
Someone just posted a slip at Gilford Yacht Club for $9500/season. Yikes!
Maybe my price is too low!
__________________
Don't listen to me, obviously I don't understand what I'm talking about!
Let's help each other save time and money: WinniGas.com
Rich is offline   Reply With Quote
Old 04-09-2021, 06:55 PM   #22
TiltonBB
Senior Member
 
Join Date: Feb 2005
Location: Gilford, NH and Florida
Posts: 2,041
Thanks: 356
Thanked 1,537 Times in 596 Posts
Default

Quote:
Originally Posted by Biggd View Post
When there's a recession the boat loan is the first this to take a hit. We don't know when that will be but it will happen.
Even if you own the boat outright, if money is tight, it doesn't go in the water and slips become available.
About 20 years ago, when the economy was in a slump, there were about 10 slips at Mountain View that were vacant for the whole season.

At that time over half of the people who owned slips rented them out instead of using them. I do not know what the number of sips rented VS used by their owners is now.

The economy is cyclical. However, what if you sit on the sidelines waiting for the next downturn to get a good deal and it never comes?
TiltonBB is offline   Reply With Quote
Old 04-09-2021, 09:33 PM   #23
TheTimeTraveler
Senior Member
 
Join Date: Aug 2015
Posts: 475
Thanks: 140
Thanked 150 Times in 81 Posts
Default

Quote:
Originally Posted by TiltonBB View Post
About 20 years ago, when the economy was in a slump, there were about 10 slips at Mountain View that were vacant for the whole season.

At that time over half of the people who owned slips rented them out instead of using them. I do not know what the number of sips rented VS used by their owners is now.

The economy is cyclical. However, what if you sit on the sidelines waiting for the next downturn to get a good deal and it never comes?
I don't think it's a question of if it will come, but a question of when it will come.

Looking at history, downturns have occurred in the last 34 years in 1987, 2001, 2007, and 2020. Some have been brief (2020), others have been long (2007).

Terrorism caused the 2001 setback, and Covid caused the very brief 2020 setback. Who knows what's next around the corner!

Just have your checkbook ready to go!
TheTimeTraveler is offline   Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT -4. The time now is 06:11 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.

This page was generated in 0.58264 seconds