Sterling Equine Appraisals

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.

Sterling 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. We can assist with providing fair and impartial values for almost all horse related matters.

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.

The result is 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.