What are some of the costs associated with living in a houseboat?
Aside from the initial inspection costs you will need to have insurance for the home at a slightly higher rate than a home on land as well as mooring slip costs. Home insurance is dependant on how much coverage you’d like to have and can range from 550$ to $1800 depending on coverage. If you purchase or own your mooring slip, you will still need to pay a Homeowner’s Association fee which typically ranges from $210 to $350 per month. This includes your water, garbage, and sewer service as well as maintenance for common walkways, parking lot, landscaping, and an entry gate if available. If you do not own your mooring slip the moorage fees wil be higher, usually $400 to $700 per month (all services included).
