Go on line to:
Pearl Houseboat for sale to the Pop boat broker for sale site. Take a look at the video tour and photos of this boat, The Pearl, for sale info. These are recent videos and photos done probably between Feb and April 2024 in the Page boat yard that takes care of our boat. I know the video and photo's are recent because the video includes shots of our boat in this yard at the same time and I know when ours was there. The images and sales presentation is terrible! The boat is a mess with interior water damage on walls; dirty, removed or missing appliances; etc. For a 5 year old boat it is in horrible shape.
I perceive the owner as one that: A) has poor pride of ownership and care of this boat, and B) was trying to dump it ASAP, as evidenced by the 2 or 3 drops in listed price over the past few months. In the sales listing it states: "
Reason for selling is "Life Changes. Baby". Why did it sink????
Before this sinking incident it was listed for $749,000. From the information on POP Boat Trader link above: 1) it is underpowered, propelled with the Merc 4.3 V6 and smaller single prop Merc outdrive. 2) There is no generator or invertor to run the refers and freezers as a minimum listed in the boats electrical equipment. 3) Before the sinking, I would estimate it would take $50K to renovate, refit, and get the boat up to a reasonable, usable condition and standard. Then given it's apparent "colorful and troubling" issues since its launch, plus all of the many other issues, I think a Marine Inspector would put this boats fair market value at around $500K - maybe??
Now with the cost to recover the boat and then replace, repair, and refit from all of the water damage to the mechanical and as well as 'house' side of this boat, I would estimate those costs to be in the $225K to $250K area. So now the insurance will see this as pushing or exceeding the 50% of fair market value of around $500K, and it could be a total. It now becomes a candidate for a salvager and turn-around house boat builder like Last Chance Houseboats, in Page out at 530 Haul Rd, Page, Az to buy it as salvage from the insurance company and turn it around.
But even if it had not sunk, our 25 year old Sommerset 65 ft. compared to this Bravado is in much better shape and usability then this boat was. I would not have traded even straight across.