I built a Roberts 38.....I built it in
steel....as this was the quickest and cheapest way to build a boat...a wood boat will require you build a boat shed first....a steel boat can be built out in the open, but in either case, you'll need to have or build a workshop.
I had never built a boat before, so this was all relatively new to me at the time. I made a lot of
mistakes, which had to be redone.
I lucked out by meeting another boat
builder that
sold me all his tools and
equipment he used to build his. This can be a considerable investment.
It took me about 2.5 years from start to the time I splashed it, but it was not finished at that time, and
work continued on the boat for some time after.
I started building my boat in the late 70's, by the time I splashed it, I had close to $20K in it...1980's dollars, but the dollar flow never stopped. All told, I think I think it would be another $40K before all the bits and pieces were in place. That
price is for materials. Your own labor, is off course, free.
When I say $20K...that is for the boat....one must also consider
mast and
rigging,
sails, dink and
motor,
anchor and chain,
electronics, and a gazillion other things you'll need, etc...often these items have to come from a long way away. Your local
hardware store carries little in the boat building department. Just finding lead for the ballast is a chore.
Where to build it is also a big decision, as it will be there for a very long time.
Like others have posted here, out of the dozen or so homebuilders I got to know, I think only 2 others ever set sail, the rest gave up for a variety of reasons.
In the process of building mine, I met several other boats builders....steel...fiberglass...wood.....and my take on the matter is that steel is by far and away the cheapest and quickest way to do it.
I had a lot of fun building mine. I was in my 20's and had the dream.
Buying a boat was simply out of the question for me, so I had to build it.
I've also know several people that have bought a used boat and rebuilt it. This takes just as long as building one from scratch, as many, if not most things need to be disassembled, removed, etc.
At age 40, I'm not sure that this is the way to go. It requires a tremendous amount of physical activity. If you are a
family man you'll have to double the amount of time and effort it will take. Realistically, you'll be 45 years old or more by the time you finish.
I enjoyed building mine, it was a fun adventure. I worked on it full time for about a year until the funds ran out, at which point I had to find a job. This cut working on the boat down to weekends and evenings.
A start from scratch boat will take several years....how long....my
experience is 3 yrs and above.....you don't work on it full time,
weather,
family, work, etc, will take a big bite of your time.
A homebuilt boat is typically a hard sell. Many home built boats look like something the cat drug in, while others are mint, but the overall market does not favor the home built boat.
So doing it yourself is a labor of love. Little financial gain is to be expected here.
Finally, what do you plan on doing with it once the boat is complete ? This is also a major consideration. It will require dockage, a marina,
insurance, etc....and
maintenance...
I knew a guy that re-built an old wood sailboat...a Stone Horse 23....he was a perfectionist wood worker...I'm talking a 23' boat. I think he took around 5 years to complete it. It was a thing of beauty, beyond compare, a marvel, a museum piece, but it came at quite some cost, and off course, it never sailed anywhere.
For some, just building a boat is the dream. I know a guy building a 53' boat. He has been at it for 40 years now. He'll never finish it, because just building it, keeps the dream alive. This is also ok.
Well, I hope this provides some insight for you....