Two On A Big Ocean The Story of the First Circumnavigation
of the Pacific Basin
in a Small Sailing Ship


      

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RE: [world-cruising] Real estate Prices?

From: Baumgart, James (no email)
Date: Mon Aug 04 2003 - 19:43:56 EDT

  • Next message: Baumgart, James: "[world-cruising] mystery "perfect" cruising boat identified (with picture!)"

    I didn't know you were also from San Diego. On our year long voyage, we
    spent considerable time on the East Coast. I would seriously consider the
    tidewater area of Virginia (Deltaville to Norfolk) as well as Florida. In
    the tidewater area are many inexpensive boatyards and marinas. A great
    place to do the outfitting. Florida also is prime boat fitting-out country
    and has affordable housing if you move inland. Both offer significant
    military bases. In both areas you can keep and work on a boat far far
    cheaper than here in San Diego.
     
    You may want to consider buying a condo or a small older house. Great to
    have a home base to return to.
     
    -JimB

    -----Original Message-----
    From: Rick Bradshaw [mailto:]
    Sent: Monday, August 04, 2003 4:27 PM
    To:
    Subject: [world-cruising] Real estate Prices?

    I know the subject doesn't sound much like sailing related but it is.
    Due to some unfortunate (?) situations, my wife and I have decided to
    make some major changes in our lives. Instead of waiting another 5 to
    10 years to save and get that next boat, we're moving up the
    schedule. In the next 1-1/2 to 2 years we plan to sell our house
    (_Please_ let the housing prices keep appreciating _here_ in San
    Diego!) and buy both a smaller house and a cruising boat. (I told you
    it was sailing related.)

    We would like to know what some of the realistic real estate prices
    are in other areas. Sure, we could surf the Web and get numbers but
    they may or may not be realistic based on what the realtors put on
    the sites. Per our personal experience: they don't always a) tell the
    truth (truth being what it is at the time I access the site) and b)
    they don't always update their info on a timely basis.

    We would obviously like to stay near the water since this is intended
    to be the "last home" that we will ever buy. However, cost is
    certainly a concern. Therefore, while we would love to stay in
    Southern California, it is virtually impossible to find a small home
    under $200K, and as much below that as possible. We've heard of some
    inexpensive, nice places (compared to here) in Arizona and maybe
    Idaho. However, Arizona is a bit far to the boat, not to mention
    possibly quite hot, and Idaho is a bit cold. Also, there is another
    "little" need in addition to cost; the close location of a larger
    military installation. When we settle permanently, we will need to
    stretch and squeeze those retirement dollars as far as we can and
    that will help.

    So, anyone know of property (small homes) on the West coast, perhaps
    East coast that could fit our "bill"? Also, what is the real estate
    projected to do in that area? How high in the next couple of years?

    We will start seriously looking for the boat when the goal is about
    3-6 months or less away. We want to be able to pay for both the house
    and boat without having to have a mortgage.

    TIA

    Rick

    Taking that _big_ first step in planning out the rest of our lives,
    as best we can.

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