Originally Posted by Solosailor
I've been giving some consideration in the purchase of an unfinished Fraser 41. However I keep talking myself out of it because I don't know what it will cost in terms of money and time to finish it.
is bare. What would it cost to buy a good used mast
The interior is really amateur, but I think I can make it into something with a bit of work. It will never be a proper yacht interior though.
Has anyone here bought and unfinished boat and completed it? I would like to hear from you.
My Grandfather bought me a t-shirt after having refinished untold prams, lightnings, tons of "little"(less than 20') boats, simply re-fitting others neglected boats was 1 thing...Then I built my OWN, from scratch, under his watchful eye & input...a 15' "knockabout" (I still have the sails
and the plans...think they were "glenL", will have to look now), took a month working 4-6 hrs a night, after homework was done; I was 14, the t-shirt read" "IF You can't run with the big dogs
, stay on the porch"...w/a bloodhound on the porch pictured.
50 now, wouldn't dream of Your task contemplated unless ALL OTHER PROJECTS currently underway were DONE, and HAVING my own facility to work on it, inside, out of the weather
, EVERY NIGHT, I'd budget
(including weekends and 6 hrs per night) 2 years for Your project
, and I've been doing this life long, full time & part time, for a living. Any boat over 35' is at least a year long project. Any boat over 40' make it 2, add a year for every 5 feet is the theme. IF You have the time, and BOATloads of money, AND another boat to SAIL,(for every now & then You HAVE to take a break)...and if You don't know how to do ALL of it (cabinetry, I picked up on, there's also electrical
(110/220v AND lots of 12v/24vDC), Plumbing
, FB refinishing, painting; as stated "ALL OF IT", You'll have to hire on experienced folks who don't come cheap
, and don't share Your love/obsession for THIS Vessel.
Hard Numbers...for a Rig...that would include Mast
, Boom, Whisker & Spinnaker
poles, Standing and running rigging
, winches (mast, primary, secondary, latter 2 being self tailing
, all cleats
, tracks, cars, blocks, traveler, vang
$30-$35,000.oo; possibly as "cheap" as $18k if You went with exclusively "used" in serviceable condition on the hardware(excluding standing & running rigging...new, or don't bother).
Make it a "proper Yacht" for the interior, or You'll never be happy...just getting depressed every time You look in from the companionway
. Sounds like You might have the skills, it's no where near the costs, it's 10x the labor(of love)that the rig is; Sometimes just getting 1 piece cut "just right" can take a couple hours & 2-3-6-12 trips to the saw(that'd be up and down that ladder to the saw to You..."trust me" on this---knees wear out.
I've done 5 bare hulls, and 3 damaged 1's in similar size and condition (or better/worse) so far in this lifetime. I wouldn't shy away from Your project...I also wouldn't expect to finish for 3-5 years under present circumstances (married, grown kids
, facilities, tools, knowledge, most of the necessary materials already, AND money. It's not an endeavor taken lightly.
Aside from our keepers (20' daysailor, 28' daysailor, 22' Center Console Openfish & 39' Pearson
...although it might be soon traded for a P40, similar year) EVERYTHING bought is to restore/re-fit and RE-SELL. It IS a business & I don't fall in "love". Knowing what OTHERS seek is critical & frankly, flipping houses (even in todays market) would probably be a far better use of the time & money. Somebody said "some like to work on 'em, some like to sail", some get the luxury of doing both as a 3rd option.
Solo, we have no idea the cost or condition other than what You stated (& that's very vague); if there's a broker involved, it's probably too much. If the existing owner has had it as a project for more than 5 years, it's probably too much. Knowing just rig costs now, You can better contemplate this venture. Unless it's a fabulously good price, it's not worth pursuing. You won't get it done quickly unless You're independently wealthy, don't have kids
at home or a significant other, AND can keep this At Your home while working on it. Any other scenario & each other deviation adds significant time to the bottom line. A regular "job" alone can make it a lot longer.
Only the seller knows what he'll really take for it, and he won't tell You until it's a life & death decision to get rid of it. Make an insanely low offer, knowing it'll take You Minimum $50k to properly fit this boat, & $60k to equip it realistically.