WHAT’S IT WORTH?
I have an aircraft resale question. I’ve had a Piper PA-22 refurb project going for about 10 years, and recently finally finished and flew it. I converted it to a tailwheel 22/20 using the Univair STC, and updated the electrics and panel. I’ve installed new fabric, a lightweight starter, rebuilt mags, Cleveland wheels and brakes, new engine mount, sealed struts—the list of upgrades is extensive.
My tastes have changed and I have other aircraft to fly and want to sell the PA-22. So the question is, how do I determine an asking price for something like this? In resale pubs like Trade-A-Plane or Barnstormers, or even at the Short Wing owner’s club, the prices are all over the board. Have you written on this subject in the past?