Is $1,200 reasonable? - Page 2 - The Horse Forum
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post #11 of 14 Old 07-05-2013, 02:16 PM Thread Starter
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I find it hard to price a horse because what something is worth to me might not be assigned the same value by someone else. I am in central Mississippi, about 3 hours or so from Memphis. We have horses trained at drifters eventing level going for 4-6 grand, but since I don't want to sell him as an eventer I am not aiming for that price.

2d barrel horses also go for that amount but with his stifle Injury in his history I am afraid he would break down with consistent work on the pattern. So I am not aiming to advertise him as a barrel horse either.

I have seen trail horses go for 2-3 grand in my area, but I find it hard to list him as that price because I can't imagine spending that amount on a trail horse. But if someone else is who am I to say they shouldn't? It confuses me haha. I wish I could get an appraisal done like you Can do before putting a house on the market.
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post #12 of 14 Old 07-05-2013, 02:55 PM
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usually on a house you get whats called "comps' before listing , not an apraisal. The apraisal doesnt coem in till the bank wants one to assign loan value.
What you are looking for are comps, an agent will look at houses like yours in your area that has actually sold recently and get the sale price.
You can do th esame thing with your horse. Shop on line see what the average price of horses like yours are going for. As in actually selling for not asking price. If a horse is listed at 5k, but has been for sale a year, thats an idication the market wont support that price. Many sights like horse clicks, or dreamhorse will have "sold" written on them, While not definite what it sold as at least you can see the original listing price.
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post #13 of 14 Old 07-05-2013, 03:08 PM Thread Starter
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Thanks joe! That is a great idea! I really appreciate it
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post #14 of 14 Old 07-05-2013, 03:12 PM
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You can actually get horse appraisals done, but I'm assuming it probably cost a pretty penny, and would more be something you do with either a top level horse, competing at an international level maybe, or one that has the breeding to maybe go that far, but is young, and not quite there yet. I could be totally wrong though. You should google horse appraisers, and see if there are any in your area. I know there are a couple out here in Southern CA. I agree that I have a hard time believing that someone will pay 3k for a trail horse, but it does happen. I agree that you should price him a little higher than maybe you think he's worth, or that someone will pay, but then put or best offer. Less likely to get tire kickers, and first time horse owners that don't know about horses, and are possibly going to be getting in over their heads. That being said, finding a great trail horse, that is sure footed, doesn't spook, goes through or over anything etc. is a hot commodity, as there are plenty of horses advertised as potential trail horses, but they are spooky, hate water, have few miles on trail, or whatever, and you end up having a horse that really isn't anything like what you were hoping for.

I had the same issue with my first horse, he got to the point where he just couldn't jump as high as I wanted to, as he was getting pretty old, and I had to make a choice of either just sticking with flat and trail, or selling him and getting another jumping horse. I made the choice to sell him, because I knew that I wouldn't be happy just doing flat, and it wasn't fair to him to keep asking him to do something that he couldn't do anymore. Found him a great home with a young girl who loved him. Hard choice, but in the end I know I made the right one for both of us. Good luck!
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