Appraisal & Valuation Services
  • Equitable Distributions for Divorce, Estate and Probate Dispositions
  • Insurance Underwriting and Claim Dispute Valuation
  • Valuation for FDIC secured loans/collateral for all lending institutions
  • IRS Inquiries and Audit Assistance
  • Insurance Valuation for Underwriting and Claims
  • Insurance Forecasting
  • Equine Acquisition Valuation
  • Equine Marketing
  • Comprehensive Retrospective & Prospective Valuation
  • Equitable Distributions for Bankruptcy Fraud and Contract Disputes
Litigation Support Services
  • Expert Witness Testimony or Deposition
  • Pre-trial Investigations for Claims and Damages
  • Pre-trial Liability Appraisals for Litigation
  • Pre-trial Damage and Liability Assessment
  • Interrogatory Assistance for Litigation
  • Evaluation of Opposing Appraisals and Interrogatory Questions
  • Assistance in Preparation of Rebuttal Questions for Clients Attorney
What types of appraisals are there?

There are several types of equine appraisals and there is always a Purpose to the appraisal which is determined by the Appraiser. The Purpose determines the type of appraisal needed and is used to establish the type of Value to consider for the Subject Equine.

Example: If a client wants an appraisal performed to establish market value so he can sell the horse (the intended assigned use) the appraiser will consider the highest and best use to determine Fair Market Value (the purpose of the appraisal).

Types of Appraisals:

  • Summary Appraisal Report – summarizes the research and analysis used to establish value.
  • Restricted Use Report – A brief summary to determine whether or not a more extensive report is needed.
  • Self-Contained Appraisal Report – extremely complex and complete report using marketplace analysis, comparables, supporting evidence and logical reasoning.
  • Hypothetical Appraisal Report – Always stated as hypothetical and used to determine property that is not available to inspect.
  • Retrospective Appraisal Report – used to determine value as of some time in the past.
  • Prospective Appraisal Report – used to value property as of some time in the future.

“Your work is excellent, you are very professional and the appraisal was extremely thorough and well written. I will definitely use you again.”

—Brenda Heddrick Jarratt

Journey and Kiss This

What to look for in an
Equine Appraiser:

Bridget Brandon,
Appraiser Qualifications

 

Equine appraisers are trained to value a horse's worth. Many factors are involved in valuing horses, including breed, lineage, health, show records and awards. Testimonials to the horse's character, health and potential performance from owners, trainers, judges, breeders and veterinarians who are familiar with the horse are also taken into consideration when appraising a horse. A qualified appraiser must know identifying characteristics of different breeds and disciplines of horses, have a thorough understanding of the appraisal business, and follow USPAP Standards (Uniform Standards of Professional Appraisal Practices).

There are hundreds of breeds and disciplines. No one appraiser can be an expert in all of the breeds and disciplines. Chose an appraiser that is an expert in your breed and area of discipline.

ValueMyHorse specializes in warmbloods, warmblood crosses and thoroughbreds for use as a hunter/jumper, combined training, dressage and for breeding.

We use comparatives, or "comps," in our appraisals. We utilize the same methodology real estate appraisers use to determine the value of real property and is a method the American Society of Equine Appraisers teaches.

We compare similar horses using a grid that scores each horse from 1 to 10.

To get a dollar-value-per- point, we add up all the sales prices on the comparables and divide that number by the total number of points the comparables scored. We then multiply the number of points a horse scored by the dollar-value-per-point which provides a good rough estimate of what the horse is worth.

There are some subjective elements that come into play that can create a swing of 5% either way. Those areas may include conformation, age bias, athletic ability, vices, training, location, and so on.