WORTH A BIT
ASEA ^TM Certified Equine Appraisal

There are many reasons a horse owner may need to hire a Certified Equine Appraiser to document the value of his/her horse.  The level of detail required in the Summary Analysis Report, Self-Contained Report, or Restricted Use Report may also vary depending on the intended use.  The following are some of the most popular intended uses for an unbiased professional analysis for the valuation of a horse.

• Insurance Coverage (initial or increase)

• Insurance Settlement

• Bankruptcy

• Charitable Donation

• Estate Taxation

• Estate Distribution

• Divorce Litigation

• Divorce Settlement

• Purchase Advisory

• Sale Advisory

• Accounting

• Partnerships (Forming/Dissolving)

• Future Value (Pre-training or Pre-breeding Valuation)

Depending on the intended use of the appraisal a Certified Appraiser may use one or more of several approaches to value a horse including but not limited to sales comparison, replacement cost, or income approach.    By correctly applying the methods of research, market analysis, and valuation, a Certified Equine Appraiser can form a relative estimate of value for a horse.  The value will differ depending on the intended use, for example, Fair Market value, Forced Liquidation Value, Retail Value, etc.  The Certified Appraiser may also help the owner determine the Highest or Best Use Value which takes into consideration the best alternative uses or discipline that the horse may be better suited for therefore giving its greatest value.  All written appraisals will conform with the Uniform Standards of Professional Appraisal Practice (USPAP).

Last Updated:  01/13/2008
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