CD28 Value

[Michael Edison]

Richmond, CA wants to assess my 1981 CD28 at $20,000 for tax purposes. I am not interested in selling and have not checked prices recently. Does anyone have an idea what the boat is worth (it is in good condition,but not fancy)in northern CA?



mge@nrguk.com

[Neil Gordon]

>>Richmond, CA wants to assess my 1981 CD28 at $20,000 for tax purposes.<<

If they assess at 100% of value, then their in the range. Depending on condition and goodies, low 20's seems to be the fair price these days.


Regards, Neil
s/v LIQUIDITY
Cape Dory 28 #167



neil@nrgordon.com

[Allison Swann]

The web page: (http://www.nada.com) will give you a high, average, and low value for your boat.



SwannDavis@aol.com

[Ken Cave]

I paid heck of a lot more for my 28 CD than that, but it came with about $30,000 worth of new equipment: Frig system, radar, five batteries, two Autohelms, new sails, new canvas, new windless with 300 feet of high tensil chain, microwave, invertor, TV and Bose speakers, etc. etc.

What you get is what you got!! (See you in the water in the San Juans, and I do have ice for your martinis!)

Ken Cave



bcave@!whidbey.net

[Neil Gordon]

>>I paid heck of a lot more for my 28 CD than that, but it came with about $30,000 worth of new equipment:...<<

This is a tax appraisal... you're not supposed to send in a list of all the extra stuff. <G>

I agree that average value means the average boat, in average condition and with average equipment. Especially with extra goodies, new sails and electronics, etc., a boat can be worth a lot more.


Regards, Neil
s/v LIQUIDITY
Cape Dory 28 #167



neil@nrgordon.com