
Sandusky, Ohio, is a popular destination for boaters and fishermen, with Sandusky Bay offering small-town living and easy access to Cleveland and Toledo. The area has a range of boat houses, docks, and lifts available for both residential and commercial property owners. While a boat may not be a traditional investment like real estate or a mutual fund, it can provide intangible benefits such as pleasure, adventure, and bonding with family and friends. On the other hand, boats require significant maintenance and operational costs, and new boats, like automobiles, begin to depreciate as soon as they are purchased. So, are Sandusky boat houses a good investment?
What You'll Learn
Boating as a recreational activity
Boating is a popular recreational activity, with millions of boaters worldwide. It involves travelling by boat, whether that be a powerboat, sailboat, or man-powered vessel (such as a rowing or paddle boat). It can be done for leisure or as a sport, such as fishing or waterskiing.
There are several types of boats that fall into three broad categories: unpowered, motor boats, and sailboats. Dinghies, for example, are usually under 16 feet and powered by sail, small engines, or muscle power. Paddle sports boats include kayaks, rowing shells, and canoes. Runabouts are powerboats with outboard, sterndrive, or inboard engines, typically ranging from 15 to 25 feet in length. Daysailers are sailboats with a small auxiliary engine, spanning 14 to 25 feet. Cruisers are larger powerboats with cabins, ranging from 25 to 65 feet in length. Cruising and racing sailboats are also available with auxiliary engines, falling within the same size range as their non-motorized counterparts.
Boating offers a range of activities that cater to different interests. For those who enjoy fishing, a bass boat or a fish-and-ski boat may be ideal. Families might prefer a cuddy cabin boat, which offers shelter and space for overnight adventures. Watersport enthusiasts can opt for high-powered Go-Fast boats designed for waterskiing, parasailing, wakeboarding, and more. Canoes are perfect for lakes and rivers due to their carrying capacity and efficiency, while kayaks offer manoeuvrability and seaworthiness for calm inland waters, whitewater rivers, and coastal oceans.
Beyond the diverse activities and vessels available, boating provides an opportunity to bond with family and friends. It encourages teamwork and creates lasting memories. Boating also allows individuals to disconnect from their digital devices and connect with nature, exploring the soothing colours of the water and discovering new perspectives of the world from the coastline.
For those interested in trying out boating, renting is a great option. From kayaks and rowboats to ski boats and chartered bigger boats, there are numerous choices available without the commitment of ownership. Boating also provides health benefits, as it is a fun form of exercise in the fresh air and sunshine.
Overall, boating as a recreational activity offers something for everyone, from leisure cruises to watersports, fishing excursions to family adventures. It is a chance to explore, learn, and create memorable experiences on the water.
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Boat maintenance
Battery Care
- Check your batteries and battery cables before every outing. Look for any signs of corrosion or loose connections.
- Use a battery maintenance charger if you won't be using your boat for extended periods.
- Replace your battery every four to five seasons.
- During the off-season, remove and clean your batteries. Lubricate metal terminals and bolts, charge them, and store them in a safe place.
Fuel and Oil
- Always use fuel with no ethanol. Ethanol blends can cause issues with plastic and rubber components and may corrode metal parts.
- Use a marine-specific fuel stabilizer to prevent oxidation and phase separation.
- Check your engine oil before each outing, and change it according to the manufacturer's recommendations.
- Understand the specific oil requirements for your boat, which vary based on the model and type of engine.
Engine and Propeller
- Check the bilge and hoses for any signs of leaks before an outing.
- Regularly remove the propeller to check the propshaft for accumulated fishing line or debris.
- Service your engine at least once a year, and pay attention to any unusual noises or vibrations.
- Check the water pump on your motor regularly to ensure a strong discharge and prevent overheating.
General Maintenance
- Wash your boat regularly with fresh water to remove corrosive saltwater buildup.
- Keep your boat dry and wipe off any moisture, including saltwater, dew, and scupper water, to prevent corrosion and mildew.
- Check for corrosion on all metal attachments and components, especially in salty water.
- Know your maintenance schedule and perform regular boat walk-throughs to inspect for wear and tear, leaks, and damage.
- Check fuel lines and the hull for any visible signs of damage or cracks.
- Protect your gelcoat by using the right cleaning materials to prevent stains and damage.
- Kill and protect against mold by washing your boat with a mild solution, such as a light mixture of white vinegar.
- Keep ropes, wiring, and joints and connections in good condition and free from wear and tear.
- Check the trailer after launching your boat to ensure rollers, cables, lights, and other components are in good condition.
- Always have plenty of fuel before an outing, and understand the proper maintenance for your fuel type.
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Buying a pre-owned boat
More than 75% of first-time boat buyers will start with a pre-owned craft. This is because a pre-owned boat has already depreciated, so you can get a bargain price compared to a new boat. The savings could allow you to get a bigger boat, or spend more on fuel and increase usage.
The first step is to consider how you and your family plan to use the boat. Will you be touring, fishing, skiing, wakeboarding, entertaining, or even staying overnight or travelling long-distance? Next, look at your budget and establish a price range. Don't be tempted to overspend, but equally, don't buy below your needs. Aim for a boat that does what you want it to, at a price you can afford, and will continue to do so for years to come. Don't forget to budget for storage and fuel.
When you have a shortlist of boats, consider buying through a dealer versus a private seller. A dealer may charge more, but will typically offer a warranty, have a variety of inventory, an on-site service department, and financing options. A boat bought through a dealer will also have been serviced by trained technicians. A private seller will likely negotiate on price, but you won't have the same assurances. It's essential to thoroughly inspect any boat you're interested in, and consider hiring a mechanic or marine surveyor to give a more professional inspection.
Before closing the deal, ensure you have a bill of sale, title, proof that any loan was paid in full, and any maintenance and warranty records.
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Boat as a business
While a boat may not be a conventional investment like real estate or a mutual fund, it can be a great investment for pursuing pleasure, adventure, and bonding with family and friends. In addition to the intangible benefits, it is possible to turn your boat into a money-making venture. Here are some ways to make that happen:
Offer Boat Tours and Cruises
Sandusky, Ohio, is known for its boat tours and water sports. You can offer similar experiences, such as the Goodtime Lake Erie Cruise, which provides an affordable and informative adventure for couples and families. Boat tours and cruises can be a great way to showcase the local scenery, offer entertainment, and provide a unique experience for your customers.
Fishing Charters
Fishing charters are another popular option for boat owners in Sandusky. Companies like "His and Hers Charters" offer professional and streamlined services, ensuring their customers have a memorable fishing experience. If your boat is well-equipped for fishing, you can provide guided tours, equipment, and expertise to anglers looking for a great catch.
Sailing School
Sailing schools, such as the Erie Islands Sailing School, are also a great way to utilize your boat for business. You can offer sailing lessons, certifications, or simply provide an opportunity for people to experience the joy of sailing. This can be especially attractive to those seeking a more active and engaging experience on the water.
Parasailing and Paragliding
Parasailing and paragliding are adrenaline-pumping activities that can be offered from a boat. North Coast Parasail in Sandusky provides an exciting and memorable experience for their customers. If your boat is suitable for parasailing or paragliding, you can partner with local adventure sports companies or offer these services directly to customers seeking a thrilling experience.
Boat Rentals
If you are located near a popular boating destination or have a boat that is in demand, you can consider renting it out to individuals or groups. This can be an excellent way to generate income, especially during peak travel seasons. Ensure that you have the necessary insurance and contracts in place to protect yourself and your property.
Remember, while a boat can provide opportunities for business ventures, it also comes with ownership costs for fuel, maintenance, insurance, and registration. Therefore, carefully consider the financial implications and develop a comprehensive plan to maximize the fun and profitability of your boat.
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Sandusky Bay Docks and Lifts
Sandusky Bay, a 41,000-acre arm of western Lake Erie, is a haven for fishing enthusiasts and those seeking a small-town lifestyle with easy access to Cleveland and Toledo, Ohio. To make the most of the waterfront, many residential and commercial property owners have invested in Sandusky Bay Docks and Lifts by Metal Craft Docks. These docks and lifts are designed to withstand the test of time with minimal maintenance and can be customised to meet your unique needs.
Metal Craft Docks are constructed from lightweight aluminium, making them easy to install and remove for storage. The docks can be built in various configurations and come in four standard widths, three standard lengths, and three colours. This flexibility ensures you can design a dock system tailored to the inconsistent shoreline, water depth fluctuations, and wind patterns within Sandusky Bay.
To guide you through the process, Metal Craft Docks has authorised dealers, such as Todd Hauenstein of Riverview Watersports Marine, LLC. With his extensive knowledge of Sandusky Bay and Lake Erie, Todd can help you create the perfect dock system. Riverview Watersports Marine is a full-service company, offering consultations, product sales, installations, and maintenance for docks and lifts.
In addition to docks, Metal Craft offers boat and PWC lifts to elevate your river experience. Their lifts are built with an aluminium frame, adjustable legs, and a deep "V" design, ensuring access to shallow and deep waters. The lifts are also equipped with aircraft-quality cables and marine-grade fasteners, ensuring safety and durability.
With over 80 years of experience, Metal Craft Docks is a trusted family-owned business committed to exceptional quality, design, and customer service. Investing in their docks and lifts means you can rest assured that you are getting a product that will bring you decades of enjoyment on Sandusky Bay.
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Frequently asked questions
This depends on what you classify as a "good investment". If you are looking for a financial investment, then a boat is probably not the best option as it will depreciate over time. However, if you are looking for an investment in your happiness and well-being, then a boat could be a great choice. Boat owners often explain that their time on the water is priceless, and boating is a fun, inclusive activity that can help you bond with friends and family.
Boating is a versatile activity that can enable a range of different activities, from fishing to tubing to cruising and camping. It is also an inclusive activity that can accommodate a number of people, making it a great option for socialising and spending time with friends and family.
There are costs associated with boat ownership, including fuel, maintenance, insurance, registration, accessories, and storage. These costs can add up, so it is important to be aware of them before purchasing a boat. Additionally, boats can be a lot of work to maintain, and mechanical issues can interfere with your plans.
Yes, you could consider buying a pre-owned boat. A used boat has already depreciated in value, so it can be a more affordable option. There are pros and cons to buying a used boat, so be sure to do your research before making a purchase.