This Seattle PI article is a great look at the houseboat community in Eastlake, Seattle. The community of waterfront homes is not well-known by most of today's young real estate buyers. With all the development of new construction condos and townhomes, it's easy for houseboats to get lost in the mix.
Without the sparkling new finishes and maintenance-free systems, it's not hard to see why some buyers would shy away from the houseboat lifestyle. There really is nothing that compares to the waterfront living, though. You just can't get waterfront real estate for these kinds of prices anywhere else in Seattle.
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