The pros and cons of living on a houseboat

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With house and apartment prices rising everywhere, more people are considering housing alternatives, like living on a houseboat. A houseboat is often significantly cheaper than a traditional home, but while it sounds peaceful and romantic, opting for this kind of lifestyle requires careful consideration. So, what are the pros and cons of moving into a floating home?

 

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Is it the lifestyle for you? -

If you decide to take the plunge and purchase a houseboat or floating home, do rent one for a short vacation before committing to living on one full time.

 

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What are the costs involved? -

It costs an average of US$50,000 to purchase a houseboat in the United States. This figure rockets up to US$300,000 for a brand new custom-built houseboat, designed to your specifications.

 

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Factor in the fees -

According to figures published on the Deep Sailing website, it can then cost a further US$11,460 a year to live on the vessel, which works out at around US$1,000 a month and takes into consideration living costs such as mooring fees, maintenance and repair bills, and food, electricity, heating, etc.

 

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New or used? -

Bear in mind, however, that there are many different types of houseboat, which greatly vary in price. A used houseboat will set you back considerably less than a new unit.

 

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Popular designs -

The most popular style of houseboat is a flat pontoon or barge-like vessel. These boats feature four walls and are topped with a slanting roof.

 

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Two-story option -

Many of these types of houseboats come complete with a full second story or, at least, a deck where owners can sit out and relax on the water.