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How much is my gelding worth?

4K views 29 replies 18 participants last post by  Zexious 
#1 ·
Im wanting to find out how much my gelding is worth because I am getting him insured :) Heres some information on him.

Name: Smokin the field

Pedigree: Smokin The Field Paint

Age: 7 HH: 15.2

George is a 1D/2D barrel horse he makes constant low 17's on a standard pattern he so far has made 2 16.9 this year and 1 16.8. He isnt HOT going in the gate and loves to run! He was a lead trail horse for 2 years in Aspen and in Arizona for 1 year. You can rope and drag a steer off of him, goat tie, and sort. He loves to be around people and is vary smart. He isnt buddy or barn sore in fact he loves to adventure out to new places more then stay with the other horses at the barn. He has been hauled all over the country even to Canada. He isn't afraid of much, you can put a full tarp all over him and he wont even flinch. Great with opening and closing gates when your on him. He works of leg pressure, You can rise him bridle less/bit less. I run him in a loomis gag bit. He runs around 23's in poles but he doesn't like them vary much. Best horse to catch he will come trotting or loping up to you in a big pasture. I have had beginners and kids ride him with no problem, one of my lesson kids ran him in barrels and they ran an 19.0 he took care of her the whole time, he made sure to go around the barrels slower and run slower because of her ability (she was pushing him to go faster but he knew she wasn't ready for it). Never has been lame a in his life! Only has never been sick once and it was just a virus going around (cold) and recovered vary quickly!

(sorry pics are not that good all m good pics and videos are on my computer that crashed :-( )







 
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#10 ·
haha. people that dont barrel race are funny.

a horse like this that runs low 17s and high 16s on a standard pattern, is going to bring in $15,000 ish. plus or minus a few grand depending on your area and what else your horse can do and his pedigree.
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#11 ·
Around here, a horse like that, proven 1D-2D who is sane and sound, can be roped off of, and is suitable for an advanced child rider would easily be worth $8K to $10K, probably more.

Just browsing my local sale ads: Keep in mind that these are just the listed prices and the horse may or may not sell for that price

6 year old gelding, similar temperament, 3D times = $8000

13 year old appendix gelding, slightly hotter temperament, 1D-2D times locally, 3D-4D times against really tough horses = $10000

Gelding, unknown age, breakaway/heading/heeling/barrel/pole horse, 3D and 4D barrel times, kid/beginner safe = $8500
 
#17 ·
Where I am there is a pretty high demand for good horses right now. I agree with CLaPorte, easily $13-17,000. Especially if he is quiet at the gate, has multiple skills (rope, trail, and barrels), and is still in his prime age-wise.
 
#19 ·
I was searching on barrel horse world looking in my area and heres some ads I found. Please keep in mind I have not personally have seen these horses just there adds so I dont really know if there asking price is realistic lol

Barrel Horse World

Barrel Horse World

I think just looking at horses for sale around here I prob could sell him for 15,000-20,000
 
#20 ·
There is a high demand in the barrel horse world for good solid horses that haven't had their legs ran off. Keeping in mind he is so very young yet too. Many barrel horses don't hit their prime until 8-14. That's where you see the high priced horses.
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#22 ·
ya he still has some time to go. He ran on the track when he was 2 and then went into barrel training at 4 and prob only has been entered/time onlys 30 times give or take from age 4 to now (so 3 years). I am going start to put him in more training to get some muscle back on him due to "summer" lol its so HOT here i dont even ride from months july-oct just light riding/trails and bringing him swimming. So hopefully I can get him running all 16.9 (wishing) or at least 17.0-17.1 or 2 consistently. Because I ran him a few weeks ago and only clocked a 17.8 with him being un fit though so I was proud of him :D


There is a high demand in the barrel horse world for good solid horses that haven't had their legs ran off. Keeping in mind he is so very young yet too. Many barrel horses don't hit their prime until 8-14. That's where you see the high priced horses.
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#25 ·
If it hasn't already been suggested, there are certified equine appraisers out there...just do a quick online search for one in your area. Most insurance companies won't ask for proof of value to insure but if you need to put in a claim they will probably want proof which is normally, at the very least, a bill of sale but they will accept an affidavit or statement of value from a certified appraiser from the same area/region). Obviously, as an example, someone used to appraising in the upper northeast is probably not going have a good handle on the value of horses in the deep south.
 
#27 ·
He is worth what you feel you can replace him for, to insure. He is worth what someone is willing to pay, to sell. Maybe get an appraisal?

Personal experience however -

I am pretty surprised with the prices some of you are throwing out! (Meaning no disrespect to how nice he is) :) One of my students re-purchased a horse that I'd rescued and trained in 2010 - she bought him back from someone this past spring. She had never ridden a barrel horse nor had any lessons barrel racing. Practiced for two weeks before her first show and this was their first run together.



They, she mostly, made some mistakes but ran low 17's for the first few shows and by the last three shows were in the high 16's, never hit a barrel. Plus this gelding is actually a far better pole horse than he is a barrel horse so she is really looking forward to their 2014 season, now that shes getting the hang of it.

This horse is also not hot at the gate, rides in a training snaffle bit (no chin strap, no tie down), is schooling dressage, trail rides, loads, bathes, clips, ties, easy to catch, etc... I had gotten him for free before we did any training with him. Did not sell him for much because I've always found selling a barrel horse to be hard and she just re-purchased him for $1,000. Your gelding being younger, registered and pretty I would have put him around $5,000.
 
#28 ·
Thought I'd elaborate on my answer: in my area, people can't even give horses away. You can pick up amazing horses for dirt cheap, which is why I said "In MY area". Also barrel horses are a dime a dozen out here.
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