S/V Lynx stern

The Cost to Build

There are four main costs in building the boat:
1) Constructing the shell
2) Finishing the boat to sail away condition
3) Adding optional (and some necessary) things.
4) Labor
Let's break down all four.

Cost Breakdown Totals:

Shell Construction: $256,971
Sail Ready: $210,834
Optional Equipment: $46,734
Labor: (free, we are insane but resolute)
Total: $514,539


But, where do these costs come from?  Read on for breakdown.

1490

First Year -Shell Construction: $256,971

This consists of the following items, I am not showing individual prices for the first four items since you should get your own quote from Schionning and figure Shipping and Taxes for your location.  

  1. Kit - The Duflex foam core CNC cut panels comes from ATL Composites in South Africa (get a quote from Schionning, ours may be different since it is heavily customized).
  2. Import Tax  - This is for importing to California, in the USA
  3. Build Plans - These come from Schionning, in Australia
  4. Shipping -In our case, this is from South Africa to Southern California

                                                             5. Building Items - (see below for full list)

Note: We need power to run tools, so we will purchase the boat's power system early on, use it for power, then move it to the boat during the second year.

Item Cost
Tent and shipping container$6,500
Build Site (this could vary quite a bit depending on what you find)$6.000
Builders Insurance
$6,000
Utilities (depending on your location, you might need to pay these.  We are generating our own power- see below)$0
Tools (laser level, circular saw, sanders, faring tools, jig saw, multi tool, etc.)$3,000
Lumber, Metal and Misc supplies$6,430
Lithium Battery Bank - 22kWh (This and items below are for our boat's power system, so we can use it early on during construction)$6,000
Inverter - 8000 watts, (to change from 48vdc in the Lithium batteries to 220vac for lights, fans, and tools)$3,500
Transformer 220v-24v to 110v-120v (to step down power from the 220v Inverter)$200
Solar Controller MPPTs (10)$1,600
Solar Panels 420 watts (10)$1,600
Battery Monitor$250
Bus Bar and Shunt$600
Wire and Misc$400
Showing entries (filtered from total entries)

Finishing the boat - Second Year: $210,834

Once our boat shell has been completed, it will be time to start painting, adding engines, electrical, plumbing, rigging, deck hardware, etc.  Once that is done, the boat is in sail away shape.  Below is an estimated breakdown of these costs for the Solitaire 1490 (extended to 50')

Item Cost
Paint & Wrap (Paint: exterior top: $1,000, Interior: $420, Bottom: $775. Wrap: hulls: $7,000)$7,195
Painting Consumables$2,600
Mast and Full Batten Track System (Aluminum mast)
$37,136.61
Rigging (Synthetic standing: $8,846, Running: $2,139)$10,985
Deck Hardware: Winches: $7,200 (2 elec. & 2 man.), Traveler: $1,700, Jib Track, Blocks, Clutches $4,140$15,446
Furlers (Headsail)$3,679
Sails: (Main, Jib)$11,856
Engines and Motors: (Beta 50 diesels, 10kw electric) x2$27,448
Dual Engine control: x2$687
Fuel System$300
Steering Wheel$358
Rudder shafts and Quadrant: $1,690
Tender and Starter Batteries: 11kw/LifePO3 $3000, AGM Starter 12v $200)$3,200
Electrical Panel$700
Wire, Circuit Panel, Bus Bars and 2nd 8000 watt Inverter: (Wire $2,200, Bus Bars $3,000)$8,700
Windlass (Vetus 48v)$4,000
Chain and Anchors (Bow Anchor $1,700, Stern Anchor $1,500, Chain $845, Rode $320)$8,365
Docking Gear$650
Navigation and Interior Lights: (Nav: $425, Interior: $390)$815
Cooking: (Induction pads x4 $276, Convection Microwave $300, Electric oven $140)$716
Refrigeration (1 vertical refrig., 2 drawer Refrig./Freezers, Icemaker, 1 top load freezer)$6,000
Countertop and Wood Trim: (Countertop $650, Wood Trim $300)$950
Toilets, Sinks, and Faucets: (Toilets $4,000, Sinks & Faucets $888)$4,888
Plumbing: (pipes $650, pumps $200, holding tanks $650,)$1,500
Water Maker$3,500
Hatches$4,200
Acrylic Windows:$800
Cleats, Stanchions, Lifeline: (Cleats $442, Stanchions $550, Lifeline $190)$1,157
Trampolines$1,100
Latches, Locks, Hinges$1027
Interior Flooring$1,300
Mattresses$1,400
Air Conditioners$8,000
Electronics: (Autopilot: $6060, Instruments $2000, Radar $2,080, VHF AIS/Radio $1300, VHF Handset $250)$11,690
Chartplotter and Wiring (Chartplotter: $4,400, M2K Wiring $390)$4,790
Faux Teak decking$11,000
Folding props$7,000
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Other Equipment: $46,734

Once our boat build is finished, there is additional equipment to be added, see list below:

Item Cost
Tender with Electric outboard$11,144
Parasail$10,000
Life Preservers (8)
$1,440
Washing Machine$1,300
Hull Cleaner - cordless$1,200
Sewing Machine (sail)$800
Fire Extinguishers$750
Life Raft (8 person)$3,300
ePurb (1 main boat and 2 personal)$1,100
Dive Compressor$6,700
Dive Gear$2,000
Cushion (materials)$2,000
Enclosures (materials)$4,000
Various Kitchen and galley accessories$1,000
Showing entries (filtered from total entries)

These can all add up to some serious costs.  In our case, we want all of these things (and a few more), and what we are choosing for this will cost a whopping $46,734.  Your cost may be far less if you skip some of these options or make less expensive choices.

Grand Total

Getting you to sail away shape runs a total of $467,805, but adding on that final list of items drives the price up to a grand total of...

$514,539

However, look at what we are getting:

1) A brand new 50' performance boat with many comforts.
2) Hybrid diesel and electric propulsion/generators with 138 hp. 
3) 33kw of LifePO4 battery power (House 22kWh, Tender 11kWh).
4) An electric outboard powered dingy.
5) Shaft drives with folding props.
6) Dagger boards (for pointing).
7) Kick up rudders (for beaching) .
8) A three seat enclosed helm with separate winch station.
9) A spacious cockpit with seating for 15.
10)A 'garage' storage locker for up to 4 foldup bikes.
11) Two eight-person tables and seating.
12) A huge galley with 16 cu. ft of freezer space and large refrig.
13) A large forward facing navigation station.
14) 4 queen size beds, and two single bunks.
15) A convertible salon queen size birth and separate single birth.
16) 2' 2" draft (with dagger boards up).
17) Good bridge deck clearance.
18) And much more! 

A comparable performance cat of this water length and premium features is often well over a million dollars, sometimes up to 2 or 3 million.


The Cost of Labor

The old saying is, 'time is money'. We are spending our own time to build this boat. However, that 8,000 (approx.) number of hours is time worth money. Even at just $30 an hour that is the equivalent of $240,000. Yet, even if you add that labor cost to your total the boat costs: $779,545, which is far less than a boat this size would likely cost fully kitted out from a typical catamaran builder. We don't have the extra cash to pay people, but we do have the time, so we will not have to spend that $240,000 (or more).  Therefore, to us, the total is still $539,545.

Sweet!

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