Help me set a selling price on a boat
Posted on 2011-03-11
I have a 1972 Houseboat that I over-paid $7000 for a couple years ago.
It costs about $150 a month to keep and use it lightly.
It runs well, is clean, but is old and the aged interior has been stripped and repanelled, refloored.
I need to sell it and need to set a selling price.
There are 50 houseboats for sale within a 300 miles up and down the Mississippi River.
They range from $3,000 to $400,000, with $37,000 the average and $21,000 the median.
The more expensive of course are newer.
It is 32 foot long and 10 abeam.
The benefits of this boat are:
-) small enough to slip under bridges without awaiting opening
-) trailerable, with albeit a 1 ton pickup
-) economical, slip fees, fuel usage, maintenance, storage
So .... help me set a price.