Boat Dock Question

[Martin]

Did I say ALL over the place, price wise ? lol A realtor is definately just a starting point..

[yellow skeeter]

I guess it depends on what your financial situation is, which, obviously we won't discuss on here.

Personally, I wouldn't break them up unless I really needed the money, or I was getting a premium price for the lot.

Lakefront lots with a slip are still a premium, but the market is pretty soft right now.

I now have 3 slips (one is in my Son's name). We paid $15,000 for the first one that came with the house in 2004.(lift included) Bought another one in 2005 for $16,000.(no lift) Those are both 10 X 24's.

Bought the third one in 2008, which is also a 10 X 24, for $26,000. That was pretty much the peak of the market, I think, but I wanted it. I extended it to a 10 x 28.

We just recently refinanced, and so I called our agent to ask her about recent appraisals on lakefront homes. Some lenders will consider slips in the appraisal, so I asked her about our slips.

She told me that 10 X 24's on good community docks were going for anywhere from $18-25k and 10x28's up to 30k.

The first thing I would do is check with other slip owners on your dock to see if they are interested.

Also, check with any neighbors near your lot.

You didn't say if the dock has a parking lot. That's a must if you're selling it without adjacent property.

[yellow skeeter]

Im interested in the lot and the slip? Send me info to countsconstruction@yahoo.com Thanks

[Billfo]

If anyone is still looking for a slip ONLY, there is a brand new 20 slip unit down Big indian from Baxter. There currently is NO boats in any of those stalls...