A Summary Appraisal Report is a summary of the facts, research and analysis used to establish the current market value* of the property being appraised. It typically includes a description of the subject property and its condition, a summary of the market conditions that existed on the effective date of the appraisal and the method used to determine the value of the subject property (usually comparing the subject property with other similar properties that were recently sold in relevant market -- the market where the subject property is typically bought and sold.  Other types of attorneys and insurance companies that deal with cases involving horses. 

Other types of appraisals include:  * Restricted Use Appraisal Report * Self-contained Appraisal Report and * Hypothetical Conditions Appraisal.

*Current Market Value: This is the highest price, estimated in terms of money that an informed buyer would pay for a particular horse on any given day. Please recognize that markets change and an appraised value may change in months or days.

What types of horses do we appraise?
Arabians, American Quarter Horses, Warmbloods, Trail / Companion Horses  

Why An Equine Appraiser?
At some point in a horse owner’s life, situations may occur that are unforeseen and require you to prove the value of your horse. When the situation arises, and you need a professional horse appraiser, Sierra Equine Appraisers will provide you with fair, experienced, detailed and honest appraisals of your horse or horses.

A veterinary exam and certificate of health is a very important statement of the horse's physical condition and is factored into the appraisal.  Also, 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.

End Result:
The client is provided with a complete, professional report which contains a full written description of the equine, including photo(s), pedigree (4 generations), 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 upon agreement between the appraiser and client.

What Does it Cost?
Sierra Equine Appraisers charge a flat fee for appraisals.  This charge will include 4 copies of a professionally bound appraisal report.  A ranch call fee is separate and is usually a one time fee.  Sometimes, follow-up appraisals are necessary when the initial appraisal involves an injured horse and then a follow-up appraisal is needed when the horse is certified sound by a veterinarian.

Factors Which Affect Your Horse's Value:
Disposition
Value of progenitors and offspring
Age, health and conformation
Breed and type characteristics, pedigree and background
Training, show records, prizes and earnings and any other accomplishments

Factors That Do NOT Affect Your Horse's Value:
Emotional Attachment
Perceived Value
Direct or indirect costs of ownership (international shipping, maintenance, veterinary bills and financial needs)