Is a Boat Dock a Good Investment?
How much ROI can you expect from a new boat dock?
According to the Wall Street Journal, a boat dock can double the value of your property in some regions.
How about here in the Greater Houston area?
While you may not double your property values in this region, you can still increase overall property values by up to $30,000 if you have a boathouse or boat dock paired with excellent waterfront access.
With property values on the rise, you can expect that number to grow every year you have, keep, and enjoy the dock. Typically, property values increase by 2% to 6% every year in the areas we serve.
We can typically build a dock for anywhere from $10,000 to $50,000, so it won’t take long for your custom dock to pay for itself.
What's the life expectancy of a boat dock?
When calculating ROI, it’s always a good idea to consider the life expectancy of the dock you’re going to be building.
Fortunately, we’ve got good news for you here, as well. A good, solid, well-built and well-maintained boat dock can last for up to 30 years. Which means once you make the investment, you shouldn’t have to replace it.
How long will you be in the home?
Before building a boat dock, you should consider the length of time you intend to spend in your home. If you’re going to be there for at least 5 years, the boat dock will pay for itself at least twice over.
You’ll get full enjoyment out of your dock, and will get to enjoy the maximum amount of equity and return on investment when the time comes.
The math makes sense!
The numbers add up, so you can invest in building the boat dock of your dreams and do so guilt-free.
We custom create every dock, adjusting for the shape of your waterline, the depth of the water, and the use to which you want to put your dock. Be sure to browse our gallery for ideas.
Then call us for a free quote and a new design, and get ready to make the most of waterfront living.
