An equine appraisal is a formal process in which a certified appraiser evaluates a horse to determine its value based on objective criteria. These include the horse’s age, breed, training level, pedigree, competition history, condition, and current market trends.
Many people assume they only need an appraisal when a problem arises, but there are many proactive reasons to get one. Consider an equine appraisal if you are:
Selling or buying a horse and want a fair market reference
Donating a horse and need IRS-compliant documentation
Creating or dissolving an equine business partnership
Filing an insurance claim due to injury, theft, or loss
Involved in a divorce or estate division that includes horses
Even if you're simply curious about your horse’s current market value, a professional appraisal offers valuable insight.