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The Appraisal Process
Daventry Equine Appraisals abides by a strict code of ethics and rules as established by the Appraisal Standards Board and the American Society of Equine Appraisers, providing a fair and unbiased opinion of most major horse breeds. Daventry Equine appraisals are considered "Certified" for legal purposes in Canada and Internationally.

In making an equine appraisal, most often a comparable market analysis is used. The market data approach has as its premise the comparison of the subject equine with other equines that have sold in the recent past. From these values of recent equine sales, a composite figure is calculated representing the current (or fair) market value of the subject equine. This value is time sensitive due to economics and trends in the horse industry.

At the client's option, a veterinary exam and statement of the horse's physical condition can be factored into the appraisal. This is especially useful for an older horse or when the value that the client believes the horse to hold does not bear out in the comparable market analysis. Also at the client's option, trainer's statements (either an independent, one-time evaluation or from those trainers that have directly worked with the appraisal subject) can be factored into the appraisal. This is especially useful for a horse with extensive training but limited competitive miles or when the value that the client believes the horse to hold does not bear out in the comparable market analysis.

The End Result
The client is provided with a complete, professional report which contains a full written description of the equine, including photo(s), conformational/gait analysis and a copy of the subject's registration papers with any significant notes about lineage plus show records and other supporting market data to back up the conclusions and valuation. A veterinary exam or trainer's statement may be critical in accurately assessing a horse's current value and would also be a part of the finished report, if the client desires.

Fee Schedule

Restricted Appraisal Report...$300
Used when an owner needs to know a horses net value for insurance or resale (subject to additional mileage fees, if applicable). Also used for determining value of frozen semen. Add on $100 for valuing Intracytoplasmic Sperm Injection (ICSI) breeding doses due to to the additional work involved.

Insurance Appraisal...$450
Used for insurance purposes to accurately estimate the value of a horse (subject to additional mileage fees, if applicable). Can become a key component during an insurance claim. Discount for multiple horses.

Hypothetical Appraisal...$450
In the case of a deceased or lost horse, this appraisal assumes facts that would ordinarily be obtained through the physical inspection of the equine. Usually for federal agencies, police reports, or insurance claims. Discount for multiple horses.

Retrospective Appraisal...$500
Involves researching past markets to determine the value of a horse at some specific time in the past. Usually for the IRS or to justify other previously reported values. Discount for multiple horses.

Appraisal Report...$600
An appraisal report includes extensive research on the horses background, bloodlines, riding discipline, show record, and foal records. A comparable analysis is used to determine the fair market value. These reports are bound and admissible in a court of law and include full color photos. Frequently used for litigation, loans, bankruptcies, divorces, tax donations and audits, estate planning and settlements and buying or selling. Subject to additional mileage fees, if applicable. Discount for multiple horses.

Complex Appraisals involving multiple horses or litigation...contact us directly for a custom quote.

Appraisal requiring a rush job (less than 10 days)...add an additional $150

Review of opposing valuations and appraisals, research related to case, additional analysis, deposition review, preparation of rebuttal questions, explanation to counsel on case merits or lack thereof, verbal or written expert opinions, equine private investigation...$300 and up

Expert witness court testimony or deposition...$500 per day
Travel, hotel expenses, etc. must also be covered and is in addition to this fee.

Trial, hearing or deposition preparation...$50 per hour

Payment in full is required to begin an appraisal. Appraisals requiring a rush job (less than 7 days), or appraisals involving litigation, divorce or bankruptcy must be paid up-front and in full via cash, check, eTransfer or money wire transfers only. Normal time required for an appraisal is 10-14 days from receipt of pertinent information and deposit.

GST to be added on top of all listed prices for Canadian residents.
Discounts available for multiple horses.

Practice Areas