Pricing a horse - The Horse Forum
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post #1 of 13 Old 02-24-2020, 10:42 AM Thread Starter
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Question Pricing a horse

Hey everyone, I just recently bought a 3 - year old ottb who was never raced and is a rescue. My plan is to sell her when she is ready and trained enough for someone else to guide her. Her name is Summer and she is the sweetest thing. She is currently doing w/t/c under saddle and is also jumping. I am planning on selling her when she is 5, so another year, which is in April. She will most likely of have shown at Fox Lea, HITS Ocala, Tryon, Grand Oaks, Majestic Oaks, Rocking horse stables, Florida Horse Park, and WEF. She should be jumping 3'3, to 3'6ft and competing in the First Level of dressage. How much would you pay for her, and how much do you think others would want for her?
Thank you so much!
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post #2 of 13 Old 02-24-2020, 11:06 AM
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You would look at ads for horses of that age and capability and see what they are going for in your area. Are the shows rated or not? Has she placed or not? How many points has she accumulated and what is her ranking for sanctioned shows? That would make a difference in the price.

Some horse people change their horse, they change their tack and discipline, they change their instructor; they never change themselves.
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post #3 of 13 Old 02-24-2020, 11:18 AM Thread Starter
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She has only been to one show, but I don't really count it due to the fact that we weren't going to win, just to get used to being around other horses and in a different arenas with scary, colorful jumps. Most of the shows are A - rated to AA - rated, with her gaits, form, and style, she should be placing in the top 5 with ease. I've looked around, all of the other ads are for horses not jumping higher than 2' because they were on the track, and/or they have just been backed. We are located in Florida.
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post #4 of 13 Old 02-24-2020, 11:25 AM
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Your price for her today - as is, is going to be different from what it will be a year from now. You can't price her on accomplishments she has not earned. Theoretical future price is not something I would count on. But if you want an idea you find 4 year old horses that have done all of that and see what they are going for. At just turned 5 she will have nothing for that year.

Some horse people change their horse, they change their tack and discipline, they change their instructor; they never change themselves.
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post #5 of 13 Old 02-24-2020, 12:37 PM
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Agreed. Her value is what she's worth today, which is a green OTTB, so not much. You can't count on future value increasing-- she could be injured or you could screw up her training, etc. Her value is as she stands today. Her future value on the day will depend on her training, how she is to ride/handle, who you ride/train with, and her placings at the big shows in certain classes. Just enjoy her, and don't count on increasing her value; horses are fickle, and it often doesn't turn out like you'd hoped. Unless you have a long-standing reputation riding/training horses, best not dream of big price tags on 'project' horses.
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post #6 of 13 Old 02-24-2020, 09:35 PM Thread Starter
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Thank you so much for your feedback, my trainers and I are working very hard on not "screwing" her training up. I was just asking to see how much she was if she was at the level, not the right now price. My trainers gave me a price, but I wanted to ask more fellow equestrians. Thank you so much for your feedback, it was very helpful. God Bless:))
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post #7 of 13 Old 02-24-2020, 11:21 PM
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It'll depend in part what kind of ride she is. If she's able to do 3'3/6 like you project, and she's a packer, you can get more for her than if she's a difficult ride. Unless, she's scopy and catty with room to go up, then she'll have a market with higher competitive riders. OTTBs that bomb around under 3 are dime a dozen, so her ridability and style are going to be very important.


Also take into consideration that TBs are not 'in style' anymore in the hunters, and jumper courses aren't tailored to TBs anymore. It's all WBs.
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post #8 of 13 Old 02-25-2020, 09:52 AM
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I would be curious to see how many other OTTB's are available in that area at that time. I say this because I have a cousin in St Pete that has been looking at horses for her daughter and they have had very little luck. It seems there are quite a few TB's but not all are what they seem to be or had behavior issues that they passed on. Her daughter takes lessons and jumps up to the 3' but finding a horse has been tough.

Your mare is quite lovely and I think that being trained and ridden by a young person has its advantages and draw backs. For those looking for a horse for a young person the fact that she is being ridden by a young person may be a good selling point. For those looking for a well trained show horse that fact that the horse was trained by a young person may be a drawback (from people's own perceptions of what a young person knows)

When I was in High School I took in and trained horses to earn extra money - I never lacked for a list of horses to train. That being said - I usually got the ones that the "real" trainers did not want due to bad behavior or a cheap owner. I also sold a few horses I had broke. Now I just broke them to ride - W/T/C and to be road safe and broke for the trails but I was told then that because I was young my horses would sell for less. And they did - not a lot less but less. It did not matter that my own horse was extremely well trained and people offered to buy her all of the time. Age and experience are things people equate - the lower the age the lower the experience. Just be prepared for that bias.

Even when I went to college and worked for a trainer he did not take me seriously at first. Age = Experience to a lot of people

Back to your horse - and price. I live in NW IL - TB's are a dime a dozen here and do not sell well. Even those trained really well - this winter I could have picked up a nice 12yr old mare broke to ride and had some local show experience for $1500 she was super cute and 16H - the trainer at our local riding barn was trying to sell her for the owner who was moving to AQHA horses so they could show at a higher level. I am not sure what they ended up getting for her but it was well below $2K TB's are just not popular where I am at. So location makes a world of difference as TB's also have a reputation in my area.

Good Luck! and most of all have fun with the horse.
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post #9 of 13 Old 02-25-2020, 10:14 AM Thread Starter
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Yes, i picked her out of the other ones for sale because of her gait and style. She has built a huge amount of muscle and feels like a WB. She is more slow than go, which is great for the hunter arena and can help with eventing.
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post #10 of 13 Old 02-25-2020, 10:23 AM Thread Starter
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There have been a lot of otto's available down here due to the fact that they are sky high in price, and many people are wanting WB, olden burgs, or hanoverians instead of TB. A lot of the TB's I have seen down here have been really rushed, where they have be backed right when they turn 3 and jumped and showed a month later. Most of them are also very scared, so I am working with mine on getting used to scary things, also trying different disciplines. A lot of TB's will stay at 3' or 3'3 because some won't go higher, or the trainer doesn't want them too. So it all depends.
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