$54,770 - $65,925 is the NADA range, but it doesn't include
provisions for the full new canvas package, Air conditiioning and heat
and unusual condition of the vessel. The air conditioning reciepts
alone (just 15 months old) were for 6K. The new bimini and dodger
(never installed) cost 4K. All new rigging....many new
electronics....hatch/port canvas covers...the list is just beyond
anything else on the market and then you just drop when you see her
condition. Or as the survey says....

"Windward First is a very well outfitted example of this model that
shows ample evidence of an ongoing program of care and maintenance. Her
interior spaces are clean and well kept, wiring and plumbing systems
neat and orderly, engine and associated machinery appear nearly new,
and the topsides could easily pass for a five rather than fifteen year
old boat. Her equipment list includes excellent current marine
electronics including autopilot, current safety gear and excellent sail
inventory. Additionally she has marine refrigeration and central marine
conditioning and heating. The overall condition would be considered
outstanding for the age, size, and type.
Inspection of the underbody at haulout, showed good anti-fouling
applied over a relatively smooth and fair surface working well to
inhibit hard marine growth. There was no evidence of osmotic blisters
on or about the underbody, quite remarkable for a boat of this age is
these warm southern waters. This underbody is outstanding and shows its
owners have kept up with service to the underbody.
ESTIMATED FAIR MARKET VALUE $69,500.00
ESTIMATED REPLACEMENT VALUE $155,000.00

Robert B
35s5...the nicest boat on the list! By Far!
NY

"Capt. Rob" wrote in message
oups.com...
$54,770 - $65,925 is the NADA range, but it doesn't include
provisions for the full new canvas package, Air conditiioning and heat
and unusual condition of the vessel. The air conditioning reciepts
alone (just 15 months old) were for 6K. The new bimini and dodger
(never installed) cost 4K. All new rigging....many new
electronics....hatch/port canvas covers...the list is just beyond
anything else on the market and then you just drop when you see her
condition. Or as the survey says....


ESTIMATED FAIR MARKET VALUE $69,500.00
ESTIMATED REPLACEMENT VALUE $155,000.00


replacement cost
Definition

The amount it would cost to replace an asset at current prices. If the cost
of replacing an asset in its current physical condition is lower than the
cost of replacing the asset so as to obtain the level of services enjoyed
when the asset was bought, then the asset is in poor condition and the firm
would probably not want to replace it.



Robert B
35s5...the nicest boat on the list! By Far!
NY

asset so as to obtain the level of services enjoyed
when the asset was bought, then the asset is in poor condition and the
firm
would probably not want to replace it.


Bob, you're killing these threads with such boring stuff. Cut it out.


RB
35s5
NY

"Capt. Rob" wrote in message


ESTIMATED FAIR MARKET VALUE $69,500.00
ESTIMATED REPLACEMENT VALUE $155,000.00

replacement cost :

Valuation of property according to the cost of replacing it with property of
a like kind and quality; the cost to replace property at its current price
with no deduction for depreciation.





Robert B
35s5...the nicest boat on the list! By Far!
NY

Valuation of property according to the cost of replacing it with
property of
a like kind and quality; the cost to replace property at its current
price
with no deduction for depreciation.


We're insured for the fair market value. It helped that the previous
survey listed her value at 68K and that was before things like A/C and
canvas were added. The big problem was that several insurance companies
had freezes in effect for Florida. Insurance was 980.00 per year with a
750 deductable. I felt that was high, but hey, it's NY. On the C&C we
only paid 650 per year.

RB
35s5
NY

"Capt. Rob" wrote in message
oups.com...
Valuation of property according to the cost of replacing it with
property of
a like kind and quality; the cost to replace property at its current
price
with no deduction for depreciation.


We're insured for the fair market value. It helped that the previous
survey listed her value at 68K and that was before things like A/C and
canvas were added. The big problem was that several insurance companies
had freezes in effect for Florida. Insurance was 980.00 per year with a
750 deductable. I felt that was high, but hey, it's NY. On the C&C we
only paid 650 per year.

RB
35s5
NY

Why not insure it for replacement cost?

If you lost the thing, you can buy a real big boat with the proceeds.

Think of the troll value! You would be unstoppable then!

Amen!