A Boat: Your Private Paradise?

Living on a boat can be a good private place, but it has its pros and cons. On the one hand, it can be a romantic and peaceful experience, offering proximity to nature and recreational activities on the water. It can also be more affordable than traditional housing, especially in areas with high property prices. However, boat living comes with logistical challenges, such as being more susceptible to weather changes and requiring regular maintenance. Additionally, the type of boat and location will depend on your budget and preferences for climate and activities. Overall, while living on a boat can provide a sense of privacy and freedom, it also requires careful consideration of various factors to ensure a comfortable and safe experience.

Boating is a good investment for pleasure and adventure

One of the greatest advantages of boating is its versatility. With a boat, you can enjoy a range of activities such as fishing, tubing, cruising, camping, diving, swimming, and more. It is also an inclusive activity that can accommodate a number of family members and friends, making it a great choice for social gatherings and strengthening bonds.

Boating also offers a sense of freedom and privacy that is hard to find elsewhere. You can explore secluded coves and enjoy the tranquility of being surrounded by water. For those who crave adventure, boating provides an opportunity to discover new places and experience the thrill of navigating the open waters.

In addition, boating can be a gateway to pursuing passions and hobbies. For fishing enthusiasts, a boat provides the perfect platform to cast their lines and enjoy their favorite pastime. For those who love swimming and diving, a boat allows easy access to explore the depths of the water.

When it comes to choosing a boat, there are various options to consider. If you're an avid fisherman, a bass boat might be ideal. On the other hand, if you're looking for something more versatile, a fish-and-ski boat or a bowrider might be a better fit. For families, a cuddy cabin boat offers shelter and comfort while still providing the thrill of a runabout.

While boating may not provide tangible financial returns like real estate or mutual funds, the experiences and memories it offers are priceless. The joy of spending time on the water with loved ones, exploring new places, and partaking in favorite hobbies is what makes boating such a worthwhile investment.

So, if you're looking for an activity that combines pleasure, adventure, and social connection, boating is definitely a great option to consider. It opens up a world of possibilities and creates lasting memories that will be cherished for years to come.

Houseboat living considerations

Living on a houseboat is an attractive idea for those who dream of living on the water. It can be a great way to save money, enjoy the leisure and be part of a community of like-minded people. However, there are several factors to consider before making the move.

Affordability

Houseboats are generally more affordable to buy than a standard home, with the average price ranging from £250,000 to £450,000 in the UK. There are also additional costs to keep in mind, such as boat licences, mooring costs, insurance, council tax, safety certificates, fuel, heating and utilities.

Space Constraints

Living on a houseboat means significantly less space compared to a traditional home. This may require embracing a minimalist lifestyle, especially if moving from a larger house.

Accessibility

Living on the water may limit your accessibility to certain places. Most people living on houseboats do not own a car, so you will need to consider the proximity of your mooring to essential amenities and services.

Weather Conditions

Houseboats are more susceptible to weather conditions than traditional homes. You will need to consider the potential impact of storms, flooding, and cold temperatures on your living situation.

Maintenance

While houseboats generally require less maintenance than a house, there are still important maintenance tasks to consider, such as engine and generator upkeep, fuel and water tank management, and regular cleaning.

Community

Living on a houseboat often means being part of a tight-knit community of boat owners. This can provide a sense of security and camaraderie, as people often look out for each other and their boats.

Family Considerations

Living on a houseboat may not be ideal for families, especially if you have children. The limited space and constant presence of water can be challenging for family dynamics and day-to-day tasks like getting ready for school.

Holiday Gatherings

If you frequently host family and friends for holidays, a houseboat may not provide the space and stability needed for larger gatherings.

Leisure Activities

One of the perks of living on a houseboat is having leisure activities at your fingertips, such as fishing, swimming, and enjoying the views. However, this can also be a distraction, especially if you work remotely or have a 9-5 job.

Privacy

While a houseboat can offer a sense of privacy and seclusion, it is important to consider the level of privacy you require. Living in close quarters with others in a marina or mooring area may impact your desired level of privacy.

Customisation

Modern houseboats offer a range of customisation options, from fully-equipped kitchens to entertainment centres and luxury features. You can even find houseboats with helipads and rooftop water slides!

Living on a houseboat requires careful consideration of the benefits and drawbacks. It can be an affordable and unique way of living, offering leisure and a sense of community. However, it also comes with space constraints, accessibility concerns, and the potential impact of weather conditions. Ultimately, the decision to live on a houseboat depends on your personal preferences and circumstances.

Best places for houseboat living

Living on a houseboat can be a dream come true. You can enjoy the peace and romance of a floating home, with the soothing sounds of nature, and easy access to fun water activities. If you're considering this lifestyle, here are some of the best places to live on a houseboat:

Ijburg, Amsterdam, Netherlands

Amsterdam is famous for its picturesque canals and houseboats, with over 2,000 houseboats gracing the city's waterways. The Ijburg district is one of the floating house communities, supported by buoyant concrete tubs submerged in water. The Dutch have perfected floating house technology, and these houses offer a unique and charming living experience.

Sausalito, California

Sausalito is home to one of the world's most renowned houseboat communities, with over 400 houseboats on Richardson Bay. This artistic and eclectic community has attracted celebrities like Otis Redding, Robin Williams, and author Isabel Allende. The area offers stunning views, a thriving art scene, and a rich history dating back to the 1920s.

Tagg's Island, London, United Kingdom

For those seeking a more affordable living option in London, Tagg's Island on the Thames River is an excellent choice. This island, once a playground for aristocrats and artists, now boasts a mix of architectural styles, with modernist houseboats and pretty exteriors. It offers a peaceful escape from the bustling city, just a stone's throw away from downtown.

Union Lake, Seattle, Washington

Famous for being featured in the movie "Sleepless in Seattle," Union Lake is home to a well-established houseboat community. While these floating mansions come with a hefty price tag, there are also rental options available. The area offers easy access to downtown Seattle and is perfect for those who enjoy rowing and a vibrant coffee culture.

Scarborough Bluffs, Ontario, Canada

Nestled in a protected cove on Lake Ontario, the Scarborough Bluffs is the only float home community in Ontario. Just 15 minutes from downtown Ontario, this community offers stunning views, modern conveniences, and a peaceful escape from the city. Enjoy the sounds of nature and the beauty of the nearby clay and sand cliffs of Bluffer's Park.

Tomahawk Island, Portland, Oregon

With around 1,500 floating houses in the Portland metropolitan area, Tomahawk Island is a popular choice for houseboat living. This urban paradise offers easy access to restaurants, grocery stores, and boutiques. Portland is consistently ranked as one of the most desirable cities to live in, and the lack of sales tax and property taxes makes it even more appealing.

Lake Havasu City, Arizona

Lake Havasu City, located on the border of Arizona and California, is a unique and artistic town known for its "London Bridge." The area offers excellent weather, grocery stores, restaurants, and a vibrant boating community. The nearby Lake Havasu provides ample opportunities for water sports and outdoor adventures.

San Diego, California

San Diego's sunny climate and prosperous, well-managed city make it an ideal location for houseboat living. The clean, safe, and orderly marinas provide a peaceful floating home experience. The city offers a perfect blend of urban life and a secluded, relaxing lifestyle.

Pros and cons of buying a new or pre-owned boat

A boat can be a great investment, but it's important to consider the pros and cons of buying a new or pre-owned vessel.

Buying a New Boat

Pros

• You get a shiny, new toy with no history of misuse or inadequate winterization.
• You can buy exactly what you want with the latest technology and innovations.
• You'll have a manufacturer's warranty, which is served by the selling dealer.
• You can rig it with the latest gear, selected for your purpose.
• You don't have to worry about why the boat is being sold.

Cons

• New boats are more expensive to purchase and insure.
• You'll likely take a hit on your investment due to depreciation.

Buying a Pre-Owned Boat

Pros

• Pre-owned boats are more affordable, and you can save tens of thousands of dollars.
• Used boats depreciate more slowly than new boats, so you won't lose as much of your investment if you resell.
• You get peace of mind knowing that any initial bugs have likely been dealt with, and you won't be the first person to put a scratch or ding in the boat.
• Used boats have time-tested technologies, and any issues with the model will be known.
• You can choose from a variety of sales styles, including dealers, brokers, and private sellers, each with their advantages.
• Insurance rates are generally lower for used boats since they are calculated based on the value of the vessel.

Cons

• The condition of the boat is crucial when evaluating used boats. Structural and mechanical integrity must be thoroughly examined, and you may need to hire a marine surveyor.
• Used boats may have higher maintenance costs, and you won't have a warranty to cover repairs.
• Older boats may not be as aesthetically pleasing, and their design may be outdated.
• Private sellers may be less willing to negotiate on the sale price and provide limited access to the boat's history.

Whether you choose to buy a new or pre-owned boat, it's essential to consider your budget, boating experience, intended use, and the type of boat that best suits your needs.

Boat ownership costs

Owning a boat can be a great investment for pleasure or adventure, and for bonding with family and friends. However, it is important to consider the costs of boat ownership, which go beyond the initial purchase price. Here are some key points to consider:

Upfront Costs

The upfront costs of buying a boat include the purchase price and the cost of a trailer for transport and storage. The type of boat you choose will depend on how you plan to use it. For example, you might want a fishing boat, a bowrider for family fun, or a cabin cruiser for overnight trips.

Annual Maintenance

Annual maintenance costs for a boat are typically about 10% of the boat's price. This includes basic upkeep, such as hull maintenance, storage, winterizing, haul-out, and spring make-ready and launch. Maintenance costs are generally lower for new boats than for used boats, at least for the first few years.

Storage Costs

Storage costs can vary depending on the type of storage and the location. Outside storage typically involves shrink-wrapping the boat, which costs around $10-15 per foot. Inside rack storage is more expensive, costing around $50 per foot. In-season storage costs can range from $1,000 to more than $5,000 per season for in-water dock space.

Insurance, Registration, and Taxes

Boat insurance typically costs around 1.5% of the boat's value. Registration and certification costs vary by state, and some states also charge boat taxes, which are paid annually.

Fuel and Operating Costs

Fuel costs depend on the size of the boat and the type of fuel it uses. Smaller boats may use regular or premium gasoline, while larger boats may require diesel fuel. Operating costs include oil changes, battery replacements, and maintenance of pumps and lights.

Safety Equipment

Safety equipment is required by law and includes life jackets, a fire extinguisher, visual and sound signaling devices, and paddles.

Other Costs

Other costs to consider include the cost of a towing vehicle, a boat survey, boating courses, and equipment for water sports.

Overall, the cost of owning a boat can vary significantly depending on the type and size of the boat, the location, and how it is used. It is important to carefully consider all these factors and create a budget before purchasing a boat.

Frequently asked questions