Being educated on the appraisal process will ensure you receive the
appropriate type of appraisal for you and your horse's needs.
Why choose an Equine Appraiser?
An Equine Appraisal is a unique service created to establish current market values of horses for purposes such as sales, purchases, insurance claims and policies, and litigation for both private owners and insurance companies. Horses are considered personal property and fall under the same guidelines as stated in the Personal Property Appraisers Guide. A professional report is created for each appraisal. This service is vital to all horse owners as well as attorneys and insurance companies that deal with cases involving horses.
What can a Certified Equine Appraisal be used for?
To establish market value
For insurance purposes
For legal matters, estate matters, matrimonial agreements, wills and dissolving or establishing partnerships
For bank financing and/or collateral
For sales or transfer of titles
Any other reason for placing a value on a horse
What does your Certified Daventry Equine Summary Appraisal include?
We offer a free, no obligation initial consultation by telephone
A professional inspection on site (if applicable)
Detailed data collection, including all pertinent information
Analysis of the subject horse
Comparison of the subject horse to others in the current market
A complete detailed report with full information, photographs and a letter of opinion suitable for legal,
financial, insurance and estate matters
Professional, bound reports that are admissible in court
All appraisals are strictly confidential
What types of horses does Daventry Equine Appraisal Services appraise?
Tracy is a long time competitor on the hunter/jumper and dressage circuits, active in the breeding of Warmbloods and Welsh & Half Welsh Hunter Ponies, and a respected equine judge and inspector in various disciplines and breeds. She is most often asked to appraise hunter/jumpers & equitation horses, dressage horses, eventers, ponies, western pleasure & performance horses, race horses, driving horses and trail/companion horses. We are also familiar with some of the more Rare Breeds - Andalusians, Friesians, Spotted Draft Horses, Miniature Horses, Canadian Horses, Welsh Cobs, Gypsy Vanners, Fjords, Connemaras, Gaited Breeds and have trained and/or judged them throughout the years as well.
Do you provide services to Attorneys, Accountants or Insurance Agents?
Yes. Daventry Equine Appraisals have been used in court, for tax purposes and for some of the major insurance companies in both Canada and the United States. You can be confident that your appraisal will hold up to the highest standards, including litigation and the IRS/CRA.
Can Daventry Equine Appraisals determine the value of a horse they haven't physically seen?
Yes. Because some horses
are no longer available for inspection (ie. deceased or stolen), much of our work is done by conducting appraisals under hypothetical conditions. This type of appraisal requires that we "assume" some facts by using information obtained through documentation and validation by other sources, including but not limited to veterinarians, trainers, Registry officials, local sales, and/or prior owners.
What does current market value mean?
This is the highest price, estimated in terms of money, that an informed buyer would pay for a particular horse on any given day.
I am considering donating my horse. What do I need to know before donating?
Donating your horse to a school or non-profit organization is a good, charitable contribution you can make. First, make sure that the school or organization does qualify as a charity or non-profit organization under the IRS/CRA guidelines. Then consult with an accountant to determine if you may be eligible to receive a tax deduction. The IRS/CRA will allow you to deduct the "fair market value" price your horse would bring on the day you make the donation. Example; if you donate an aged equine that has been retired from hunter/jumper competition, you will not be able to claim the same price you paid for him as a young, sound Jumper Champion. If the value is more than $5,000, you will need to support the claim with a written appraisal by a qualified, independent expert.
What affects your horses value?
Physical traits such as age, health and conformation
Breed and type characteristics, pedigree and background
Disposition
Accomplishments including training, show records, prizes and earnings
Value of progenitors and offspring
Current economic and marketing trends
Factors that don't affect your horses value?
Emotional attachment
Perceived value
Direct or indirect costs of ownership maintenance, veterinary bills and financial needs
How much does it cost to get a Certified Equine Appraisal done?
An average appraisal costs approximately $250.00 CAD, however, each appraisal is unique so please
call for your individualized quote
Discounts are available for multiple horses
Contact us for fees and information