I agree with NewImage. I wouldnt pay more the $400 for her honestly. And even THAT is pushing it. An unregistered bratty mare with minimal training. Itll cost hundreds to register if now that she older. She's a project horse thatll need quite a bit of work. For $800 you can get a well broke, registered horse.
This is not a sellers economy. Posted via Mobile Device
Sadly as others have said it isn't a sellers market at all right now. Things are scary, with the slaughter issue, drought, economy in general. I've had 4 phone calls this week alone wanting to give me free horses that were young & green but registered and even free I passed them up. All decent horses but not worth putting the money or time into with the market we are in. It's awful but that's the sad reality.
I don't know what the market is like in your area but here it's in the tank unless you have something that is showpen ready, a sound steady eddie babysitter for a kid or a close to finished prospect that would be ready for the showpen come spring.
If she were mine I would either keep her until she had more polish on her or list her reasonably compared to other local horses.
Thanks for all the input, folks. I've been browsing the local Craigslist and DreamHorse, I'm finding a lot of mutt yearlings in the $1500-2000 price range. I was hoping to find something similar to Gracie but couldn't. I'm thinking I can start the price at $1000 OBO and settle with whatever the right home offers me.
She is well started, I am confident a good rider will get her over not wanting to canter, hopefully I'll be able to work her this winter. She doesn't misbehave at all when out of the roundpen. She also is much more even now, will always be a touch downhill but not too drastic. Her only other glaring flaw is being a bit turned out at the knee, she's a pretty well built little girl.
Disclaimer: Not making excuses about her behavior, I'm totally realistic about her. She's not dangerous, I just want to make sure she doesn't end up with someone on the timid side because it won't work. I also don't think she's "better than she is," or worth more, the prices of horses here are in the range I said. Horses are worth what people will pay so we'll see. Posted via Mobile Device
It's a shame you are so far away! I was seriously in the market for a project along those lines before I found the gelding I am getting. That said, he is 6yo, grade, fairly well broke, sound, trail ridden and aside from needing some groceries in good health and I am only paying $275 for him. I hope the market is better where you are and I really hope you find her a great home.
I'm going to a production auction tomorrow that has a few grade horses that kind of fit your Gracie's description. Not too old, can be reg'd, have a few issues and otherwise are sound riders. I'll let you know what they go for. Don't hold your breath, it won't be much.
The market does seem to be better here. I only saw a few horses in the couple hundred dollar range and Gracie is a better horse than they were. Everything else is at least $3k up to $25,000. I put her out to my friends at $900 OBO. Posted via Mobile Device