O'Rourke wrote:
What is this boat worth paying for???

The one I'm interested in is a Cheoy Lee Robb 35 built in 1964 Teak
over Ipol with bronze and copper fastners. The engine is an Isuzu
Pisce 3 40hp 3 cylinder (which was new in 1976 and has 910 hours). The
boat can be view at: http://www.cheoyleeassociation.com/Sale/Tigre.htm


A wooden boat can certainly exert a strong pull on the heart strings.
Buying one is an emotional, not rational or business type decision.

You become a caretaker of a piece of history.
However, unless you have a whole lot of available cash you need to make
disappear, be careful.

It is virtually impossible to find a fixed price quote for any
substantial renovations on a wood boat, and I would double or triple any
estimates. You really need to do the work yourself. If you can't, it
doesn't matter what you pay for the boat, it will outstrip your resources.

In 1991 I got a 30 ft Carl Alberg designed wooden sloop for free. My
wife and I put over 600 hours into it the first year, to 100% refasten
below the water line (2,400 1-1/4 x #12 silicon bronze wood screws), do
laminate scarfed in rib repairs on 12 broken ribs, and completely strip
and recoat all the decks and bright work.

You can put any labor rate you want into this and do the math.

How much, or if, you pay for it is just the start.

As has been mentioned, try and locate a competent surveyor for a wooden
boat. They sometimes act as construction managers on larger refits, so
he can give you some additional insight into repair costs.

Good luck,

Jonathan