Slips and valet for 2021 tight market?

Formula260SS · 11-13-2020, 01:38 PM

We just purchased one last week at probably a 20% increase over what we could have paid a few years ago. It worked out fine for us as we're happy with what we paid given the market. I don't see prices softening at all, they are only going to increase especially with all the boats they sold this season. One large Marina I know had their best year in company history. I say if you can find one at a decent price grab it, it's only going to get tougher in the future.

thinkxingu · 11-13-2020, 01:53 PM

Quote:

Originally Posted by Formula260SS

We just purchased one last week at probably a 20% increase over what we could have paid a few years ago. It worked out fine for us as we're happy with what we paid given the market. I don't see prices softening at all, they are only going to increase especially with all the boats they sold this season. One large Marina I know had their best year in company history. I say if you can find one at a decent price grab it, it's only going to get tougher in the future.

I wonder, though, how many people might discover that the boating life doesn't fit them, or that their lifestyles don't accommodate lake life.

My first couple years were spent at a marina doing valet and there was always a pristine, unused boat in the water next to the launch. I happened to meet the owner one day and was told he was selling because he just couldn't find the time in his life. I think we might see a fair amount of that in the upcoming years.

Sent from my SM-G950U using Winnipesaukee Forum mobile app

Formula260SS · 11-13-2020, 02:50 PM

I agree a percentage will drop off but the net result will be an increase. They aren't making anymore waterfront or slips and public access has been getting pinched for years. Values on everything around the lake have increased, my belief is it will continue.

11-13-2020, 01:38 PM	#1
Formula260SS Senior Member Join Date: Oct 2006 Location: NH Posts: 385 Thanks: 11 Thanked 76 Times in 51 Posts	Slips We just purchased one last week at probably a 20% increase over what we could have paid a few years ago. It worked out fine for us as we're happy with what we paid given the market. I don't see prices softening at all, they are only going to increase especially with all the boats they sold this season. One large Marina I know had their best year in company history. I say if you can find one at a decent price grab it, it's only going to get tougher in the future.

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Hybrid Mode Switch to Threaded Mode

The Following User Says Thank You to thinkxingu For This Useful Post:
jtilds (04-06-2021)

11-13-2020, 02:50 PM	#3
Formula260SS Senior Member Join Date: Oct 2006 Location: NH Posts: 385 Thanks: 11 Thanked 76 Times in 51 Posts	I agree a percentage will drop off but the net result will be an increase. They aren't making anymore waterfront or slips and public access has been getting pinched for years. Values on everything around the lake have increased, my belief is it will continue.