rexd666 wrote:Hey all,
As a quick introduction, my name is Steve, I live in inner eastern Melbourne and have been looking at a few designs. I am currently 35 and wanted to do this (live aboard and see the world) while I am still young. (Wasn't that long ago that 35 was old) Generally looking at around 50', so far Oram 48C, Schionning Wilderness 1500 and Spirited 480. All Duflex kits. My build will be part time, and I will have to commute to the build site so weekends, holidays and maybe some professional help along the way budget permitting. Budget is still being determined, but say 300K+ at the end, expect to start out with about 100K.
Anyway one of the concerns from the lovely wife is that said project would use up all my worldly possessions and leave us with very little at the end of the process. Therefore I thought I would ask around to see what sort of examples are about of owner built cats that have gone on to sell. I see Schionnings advertised for 500-600+, but most seem pro builds. Is there a significant impact on the resale price for owner built?
Schionnings appear the best represented design, I know Spirited are new, but one would assume the Schionning name rubs off on them. About the only Oram I have seen for sale is Mango. So also happy to hear any opinions around the design resales, so if one sells for more etc. No arguments from avid fans of particular designs please.
Not saying that I want to sell my hard work, but I guess it will give the wife some security to know we can get all or a good part of our initial investment back.
An owner-built boat probably won't sell for as much as a pro-built one. But you should still make good wages for your time spent on the boat, if you do a reasonable job with the finishing.
Do a nice galley and bathroom, these appeal to the ladies, who usually make the ultimate decision.
Of the boats you've listed, the Oram 48C would be the quickest and cheapest to build, it's essentially my boat, a wider, taller 44C, with 4 extra feet of waterline. Bob also does a 50C, which is a much bigger boat, and more similar to the Wilderness and Spirited. (But I still think it would be quicker and cheaper than either of them to build.)
I don't think you'd get a Spirited or Schionning kit for your starting budget of $100k. You'd get the Oram 48C though, with change.
The Schionning builders I've talked to are happy with the support from Schionning's, all the Oram builders I know of have been happy with Bob, but I have met a few Spirited builders who don't have very nice things to say about Craig Schionning.
It seems he is very strict, almost dictatorial, about making even the most minute changes to his designs, (and there are some changes that really need to be made) and he is also very interested in making money from them.