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Old 12-14-2019, 01:53 PM   #4
Airstream345
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City: Friday Harbor, WA USA
Vessel Name: FORTITUDE
Vessel Model: Kadey Krogen 54-8
Join Date: Jul 2017
Posts: 1,015
Hammer, welcome! I think soldboat.com is a better source for actual sales prices than NADA. A buyers broker could easily access this data (through Yachtworld) to give you some idea of asking vs sold prices of similar boats in your area.

We used this information when making an offer on ours and the surveyors will typically use this on a conditional survey to establish base value.

That said, condition and the market will have as much or more impact. The same boat in Bristol condition and well equipped will command a much higher value than one in Poor or Fair with basic electronics and limited equipment.

Market demand and supply is also impactful. As an example I've been following Kadey Krogen and Nordhavn values for about five years. KK42's have actually gone up in value over that time. Five years ago you could buy a well maintained and well equipped 42 for about $175K in the PNW, now that same vessel will sell for around $210. Location also impacts values. PNW vs FL prices on those same KK42s show about a $25K premium in the PNW.

Keep in mind, both soldboats.com and NADA are lagging indicators of value.
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