Yes, it's often those budget concerns that derail the boat owning experience. Oddly enough, though, it's usually not the purchase price that new boat owners struggle with; it's the expenses associated with owning the boat itself. Having an idea of what those expenses may be going in should help a new owner to be more prepared to deal with them.
• Insurance: Just like with most high-end property, you need to insure a houseboat. While actual numbers vary due to the size, age, and manufacturer of the boat, you can reasonably expect to pay around $1800 annually for boat insurance.
• Slip Rental: Slip rental billing will differ from lake to lake, so it's best to visit your home lake marina before buying the boat and inquire about rental rates and possible specials. With any luck, you may be able to negotiate an annual deal with a marina for around $200 - $400 a year.
• Utilities: While water will normally be included in a slip rental fee, electricity and pump-outs will be separate monthly expenses you have to consider. Just like in a home, your expenses will vary depending on how energy efficient you choose to be.
Owning a houseboat may require a significant financial investment, yet proper planning and budgeting can easily alleviate your financial concerns. In the end, the fun and enjoyment that custom built houseboats provide is well-worth the expense.
About Bravada Yachts
Bravada Yachts, owned by Compass North Industries, is the leading manufacture of luxury and custom houseboats in the United States. Call 602-278-3536 or visit http://www.bravadayachts.com for details about our affordable houseboats for sale.