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Gribbendor said..
Hi all, new to the platform but avid lover of sailing, surfing and boating of all varieties.
I am the owner of a small wooden 1920's Italian speed boat that I collected from a friends property as it was falling into disarray. I don't have much more information on it other than it hasn't run in at least 5 years. I was wondering how much roughly it could go for as a project boat and how much it could go for when restored. Cheers.
Initial reaction ...
Sold as project boat = $0
Sold after thousands of dollars spent on restoration = $1
But, it depends on what is salvageable. For example, does it have a decent motor?
In other words, don't expect to make money from restoring it (unless you have heaps of experience, all the right tools and many man-months to spare).