There may come a time when you need to establish the Fair Market Value of a horse for legal, financial, or insurance purposes. A professional equine appraisal provides an independent, well-supported opinion of value for charitable donations, insurance coverage and claims, estate settlements, divorce proceedings, taxation, litigation, and other legal matters. Each assignment includes a comprehensive appraisal report prepared to recognized professional standards, providing clients with a credible and defensible valuation they can rely on.
The Appraisal Process
Equine appraisals are developed using a comparable sales analysis, comparing the subject horse to similar horses that have sold within a reasonable timeframe of the effective valuation date. Factors such as pedigree, age, breed, training, competition record, breeding potential, health, temperament, and current market conditions are carefully evaluated to determine a well-supported Fair Market Value. Because the equine market is constantly influenced by economic conditions and industry trends, each appraisal reflects the horse's value as of a specific effective date.
What can affect your horse's value?
Factors that do not affect your horse's value?
The End Result
Each client receives a comprehensive, professionally prepared appraisal report that typically includes a detailed description of the horse, photographs, video review and analysis, conformation and gait evaluation, pedigree and lineage information, competition and performance records (where applicable), and supporting market data used to substantiate the appraisal conclusions and Fair Market Value.