Barn contract - horse value. Im not sure what to put.?

Question

I recently switched barns and im filling out this contract thing and it asks value of my horse and i am unsure of what it put.

My trainer told me she is a very well rounded horse and is worth more then i paid for her about a year ago. What should i put for her value? Here are some details about her.

Shes a 7 year old 82% foundation QH. Heres a link to her bloodlines http://www.allbreedpedigree.com/zipsintwojackstime

Great at WP and showmanship with lots of show experience, can do English also. she has had lots of professional training and recently got a 30 day tune up. She loves beach and trail rides. Nice movement and mind. She doesn't have a mean bone in her body. Trailers, ties, clips, and loves to be bathed. Has good conformation. Gets along with all other animals. I paid 5,000 for her about a year ago.

Should i put what i paid for her or more? If so how much?

Answer 1

I agree a lot with the first answer. She has good bloodlines, and she is well trained with show experience and can always be used as a broodmare in the future. I would say $12,000-15,000 would be very acceptable for her value.

Here is a link to a search on Equine.com that has similiar horses with similiar bloodlines in that price range...

http://www.equine.com/horses/search_resu...  

Answer 2

She is in the very peak of her life at just 7.

If i was you from what i can from what you have put down and that you paid 5,000 for her a year ago and she can do many things and she is only 7 as well i would place between 7,000 and 8,000 because if you were to sell not say you are but just as a matter of speech you could soon easily make that money with her to the right people as she still has alot more to give at her age of 7.

I have a Welsh Section A Pony my mum paid £850 for her 9 years ago and now since i have had her i have taught her to jump, cross country PC and drive. I now she is 13 now but i could easily make about 1,200 out of her.

That would be my opinion Hope it helps need any more advice just ask.

By the way she sounds like a lovely horse.

Answer 3

WELL ALOT OF EQUINE  AND HOME OWNERS POLICY'S IF ANYTHING HAPPENS WILL ONLY PAY HALF OF THE PURCHASED PRICE . IF THE BLOODLINES ARE DECENT AND SHE IS STILL BREEDABLE WITH ALL THE TRAINING THAT SHE HAS HAD I WOULD DOUBLE YOU AMOUNT AT LEAST. ALL MY GOOD BARREL HORSES THAT WERE RODEO READY(TRAINED WELL) AND STILL ABLE TO PRODUCE OFF SPRING WAS NEVER INSURED UNDER $15000 PROTECT YOUR INVESTMENT, IF YOUR HAULING THE MILES ITS WELL WORTH NOW A DAYS

Answer 4

Just using mine as an example. I paid 350 for my first horse and after 5 yrs of very hard work, i sold her on for 2200. This was at the age of 8.

Cover your backside and at least double it just for safety. I also Added 500 for each key component i trained her in (show jumping, XC, dressage) I added this as its something that the new owners dont need to spend time effort and money in training them to do.

I would seriously put on the form 18,000-22,000. Most insurance companies pay out half to 3/4 the quoted price. therefore (god forebid) if anything did happen to her you would be covering ur investment. The reason i have put it quite high is because due to the blood lines she has, and her age you could use her as a brood mare at some point in the future. And this would cover any potential lose from this aswell should anything happen.