Q: What determines the value of my horse?

A: A horse’s value is a combination of several qualities, including (but not limited to) its history and performance records, bloodlines, conformation, eye appeal, health and soundness, disposition, level of training, etc. Typically, the most predominant factor regarding a horse’s value is how good he is at his/her “job.” For instance, if you have a trail horse, its disposition will have an incredible impact on its value. On the other hand, if you have an experienced show horse, its show records may be the primary basis of its value. 

Q: How does an appraiser decide what my horse’s value is?

A: I conduct my appraisals similar to how a real estate appraiser would. An on-site inspection of the horse may be necessary. In most appraisals, I collect information about the subject horse that will allow me to find comparable horses that have recently sold in a relative market.

Q: I need to determine the value of my horse for an issue that may go to court. Will an appraiser really help my case?

A: Certified equine appraisers are being used more commonly in courtrooms in recent years. Whether for divorce cases, bankruptcy, contract disputes, veterinary medical malpractice suits, or insurance settlements, the appraisals I develop follow Uniform Standards of Professional Appraisal Practice (USPAP) guidelines and can be used in court as an unbiased professional opinion of value. I am also available for consultation or expert witness testimony, and can review the work of other equine appraisers involved in a case.

Q: I need an appraisal on a horse that normally does not have any soundness issues. The horse just recently looks slightly off, but I don’t think it is a major issue. Will this affect its value in the appraisal?

A: If there is any question as to the soundness of the animal, it is the client’s responsibility to order the appropriate health and soundness inspection, at his/her expense, by a qualified veterinarian. The appraiser does not have the license nor expertise needed to make such inspections.

Q: What geographic region does EquiAppraisal cover?

A: This appraisal certification is not state-specific, so we can appraise horses and equipment all across the United States and even internationally. Also, depending on circumstances, it may not be necessary or possible to inspect a horse in person, making it possible to appraise horses over great distances in a timely manner via current photographs and videos.

Q: What will an appraisal cost?

A: The cost of the appraisal is largely based on the time it takes to analyze markets and develop a report, as well as traveling expenses. To give you an accurate estimate, please contact us for a quote.

If your question was not answered above, we’d love to chat.