All my life I was into model building, mostly cars as a youth, then into aircraft and race cars as I got older. The older I got, the more into the various models I got. I quite building models about 13 years ago and never thought much about it. However, about three years ago, because we only had one computer at that time (now we have way too many), I decided that because my wife wanted to use the computer as much as I did, I needed something to keep me busy while she was on the PC. I went to the local hobby store and looked at the wooden ship models. I was shocked to see the price of these models, but was determined to buy one and put it together. The ship I chose was the cheapest and ran a mere $130 at the store. I later found that I could purchase this ship for around $80 on the internet, but it was too late. Anyway, I loved building the San Francisco and learned an awful lot about ships. It took me nearly a year to build this beauty and though I know and can see countless mistakes in the finished product, everyone who sees it just marvels at it. I then purchased the CSS Alabama and built that model for my son and his wife. That ship took a little longer to build but it is simply beautiful and again, I learned lots of history not only about this ship, but many others as well. I am now working on my third ship, the Mayflower, which is very similar to the first ship. This model goes to my daughter and her husband.
While it is true that these models cost a lot of money, the rewards are much more with the finished product. I've noticed that of late, the price of the models throughout the internet have really gone through the roof, I am still wanting to purchase and build the USS Constitution which will run me probably around $350 or so for the kit. These are not models that one would see in a childs room, hanging from the ceiling, but are museum pieces that take not only time, but precision to build. I've got probably about $500 worth of tools that I've purchased to help me make them better.
There are those who build their ships from scratch and they not only pick and choose which wood they want, but also cure, slice and cut the wood from the start. Some of this will take years to accomplish. The many fittings can be purchase on line, or as some of those old pros do, they cast and make them themselves. I guess I don't have enough life left in me to try to accomplish some of that, but just building from a kit gives me plenty of satisfaction. One thing about it though, it's addictive for sure. :)