Flatsflyer
Member
- Joined
- Feb 23, 2005
- RO Number
- 16388
- Messages
- 204
Move, for $500. you can probably get a new house on the water. Add the $500. per month to your current morgage and compare carefully. The new waterfront home will certainly increase in value as dock availability becomes more of a problem. I have three boats and could not afford to store them if I wasn't on the water. I keep the Trawler in the water, the Whaler is on a lift and the inflatable either hanges from the davits on the trawler or sits on the dock. My total investment in the dock (65' x 12' including the lift was under $16,000. I also have two elctrical pedistals with water, one at each end of dock, two dock boxes and motion detector lights. From an insurance standpoint, the Whaler is "free" under my home owners policy (under 50 HP) the dink is included under the Trawler policy. My insurance premium is $1,600. in Florida.