Rebuilding a boat, a historical one may cost more than buying
it on the market, unless you are living in a country where labor and raw materials are cheap
. I think you can manage something like that if you are in Asia
, but certainly not in your position.
I understand the allure of rebuilding a boat, some boats with historical significance should be save and rescued, and others such as family
vessels or those that had sentimental values attached can't be deal in monetary terms as well.
Then there are others who have a specific idea to rebuild
it for specific purpose, like how Slocum fitted his Spray for circumnavigation
and Eric Taberly rebuild
Pen Duick for his singlehanded races.
If you rebuild to save money
then it won't be a wise deal if you aren't a boatbuilder
yourself or have it done in places and raw materials are cheap