[Public-list] Property Tax Value
JOHN GRAVES
jg1111 at msn.com
Mon Feb 27 19:31:44 PST 2006
Thanks George,
Just to get an idea of what I'm looking at does anyone happen to know the BUC book quote for a 1965 A30?
John
----- Original Message -----
From: George Dinwiddie<mailto:gdinwiddie at alberg30.org>
To: Alberg 30 Public List -- open to all<mailto:public-list at alberg30.org>
Sent: Monday, February 27, 2006 10:27 PM
Subject: Re: [Public-list] Property Tax Value
JOHN GRAVES wrote:
> I am completing a personal property tax return form for my Alberg 30
> built in 1965 #15. I was wondering if anyone on the list could
> provide me some insight on what value should be placed on an Alberg
> 30 of this age keeping in mind that the boat is over 40 years old.
> This is difficult for me to determine because although it would be
> difficult to replace because of all of all of the work I have put
> into the boat over the years the price it would bring on the market
> probably would not be very high due to the present market. I have
> seen Alberg 30's for sale for as low as free lately. To us on this
> list, the value of our boats is great, but what value would it bring
> at a local auction or in the eyes of an assessor? What would the blue
> book value be? Any comments would be appreciated.
The true value of an Alberg 30, IMO, depends mostly on condition and
somewhat on location. If you want an "official" figure, you can get the
BUC book quote from any boat broker or marine insurance salesman. I
tend to take BUC with a grain of salt, particularly for a boat such as
the Alberg 30. They tend to force the data into their preconceived
ideas. But if that number works for you, I'm sure the taxman will take
it. If you want a lower number, I'd suggest collecting a number of "for
sale" ads that feature the number you want.
- George
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