What Is My Boat Worth?

After much deliberation I have come to the painful decision that it’s time to sell my boat. Life evolves and we must evolve with it. This will not be a fire sale and not driven by financial hardship or health issues fortunately. My challenge is I’m not sure what my boat is worth? I’ve put part far more into it than I will ever get back which is understood. What range would put my value at?

1994 Donzi Z-54 Sportfish. 3 staterooms, two heads (both with large showers). large salon with galley up. I’ve owned her since with 2012 with continual upgrades and replacements including a complete repower/refit completed in 2020. Cruises at 30 knots with 36 knots at WOT. 2020 refit:

- CAT C-18’s ACERTs 1150 hp. currently have only 300 hrs and covered under CAT Platinum warranty
- ZF 665 gears with electronic trolling valves.
- ZF Electronic engine controls
- Northern Lights 20kw and 9 kw gens. 250 hrs on 9 kw and 120 hrs on 20 kw
- All new shafts, props, bearings, seals and Veem interceptor 5 blade props
- New Blue Water 750 gal/day Watermaker
- all new hoses, fittings, wiring etc throughout engine room
- complete engine room repaint
- New carpet throughout interior
- All new 24v steering HPU with new helm, ram and plumbing

Other notables:
- Complete exterior prep and paint with Awlcraft in 2022
- All new Raritan macerating heads with freshwater or saltwater option at click of a switch
- 2016 Novurania RIB with 60 hp 4 stroke Yamaha . 1k davit for easy launch and recovery
- 800#/day fish box ice maker with freshwater or saltwater selectable option
- Custom frames and 3/8 laminated glass front and wrap around glass on bridge
- Updated full Simrad electronics suite including 3 x 12” displays on bridge and 1 x 16” in cockpit.
- All new flexiteek decking in cockpit, swim step and gunnel sides in 2022.
- 55k btu diesel fired hydronic heating with 5 zones
- Chilled water cooling with reverse cycle heat. New compressors in 2014 with minimal use
- Side power 13.4 hp bow thruster with speed controller
- custom built tackle center, fish boxes, cockpit freezer and more.

There is tons more. Boat is immaculate and needs absolutely nothing. Owned by commercial shipyard executive with extensive knowledge and experience. Full time maintenance and upgrade craftsman has worked on her since 2012.

Boat is currently located in Ketchikan Alaska. I’m contemplating moving her to either Puget Sound or possibly San Diego if it makes sense for better sales opportunities.

What do you think it’s worth? You won’t offend me, I promise. I was thinking maybe in the $700k range but maybe that’s optimistic in today’s market? I’ll post photos a little later when I can resize them on my laptop.

Certainly won’t be a happy day for me when it goes. But life goes on. I’m a huge fan of YF and would love to give the forum a listing. But I only see like four boats listed there and they’ve been on forever. Am I missing something?

You might be accurate with price range. Curious to see what others might suggest.

Outstanding info and recommendations. Thank you for taking the time. Your thoughts on Seattle and broker licensing are things I was not aware of. The one benefit to Alaska is no sales tax. I'll need to figure out how that would work if I move it to WA State. And your point about short season in Alaska is spot on. One of the contributing factors in my decision to sell for sure.

I came across this ad which arguably could be a comp for mine:

https://crowsnestyachts.com/product/54-bertram-convertible-1997/

My boat shows much better and has much newer systems. This one looks like one engine needs rebuilt due to hours and the gens are high hours. On the other hand, it has a Seakeeper that I don't. And overall looks pretty nice. Not sure I could get 2-3 hundred K above this. And this one isn't selling. If this is really the market then I might rethink selling. I might as well just keep if that's all I can get.