August 30, 2015
I thought I would share the expense side of buying a classic sailboat, as well as what kind of time investment is required to take it from "needs a little TLC" to a nicely restored vessel. As you can see, I low-balled the labor number - boatyards routinely run between $75 and $100+ per man-hour. With 71 hours invested in Alva Anne thus far, I have only just barely begun the rebuilding phase. With respect to expenses, I have most of the higher priced items secured and so will see only a small increase in this ledger. I will need to purchase the topside paint, but plan for a more moderately priced product: Interlux Perfection, two-part polyurethane. Labor of love!
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