May 2011 Issue
Today’s Hangar Market: Options Vary Wildly
Hangar space hasn’t gotten cheaper but the odds of finding a spot are better than any time in the past decade. Sleuthing and location flexibility can pay off.
Like a kid with a treehouse, a hangar is the ideal for most any aircraft owner. Not only are you and your ride protected from the elements, but there’s also room to store the miscellany accompanying aircraft ownership. The barriers to hangar heaven have always been availability and price. The former is often too scarce and the latter too high—at least on the surface. Many owners put their names on the waiting lists for a hangar, but when it comes time to put down the $400/month or more, the $50/month tie-down doesn’t look so bad. More than one owner responded to our recent AVweb.com survey that even when you factor in the wear and tear on paint and other exterior items like tires, the tie-down can be cheaper. A net of $4200/year buys a lot of maintenance.
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