The average selling price of slips in Gilford has dropped considerably in the last 10 years. I think that $37k however is a safe "buy" price. In Gilford Yacht Club slips that are $50k now used to sell between $75-100k. The larger, more rare slips that have unlimited length or beam are still a rarity and can command a larger price as for those that have a very large boat they just cannot be put anywhere.
Slips down in Minge Cove command a premium and have solid demand as they have a captive audience of islanders and not a lot of space available to rent. Minge Cove is a more ideal marina for islanders than WAM from what I have been told by islanders in the Alton area.
As far as the math goes, if you have cash to spend and don't mind tying it up buying is not a bad idea. If you have to finance the long term cost of ownership is not great.
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