The Appraisal Process
Daventry Appraisal Services abides by a strict code of ethics as established by the Appraisal Standards Board and the Uniform Standards of Professional Appraisal Practice (USPAP) to provide a fair and unbiased opinion. Our appraisals are considered qualified for legal purposes internationally and we are also considered a qualified appraiser by the Internal Revenue Service (IRS).
When completing an equine appraisal, most often a sales comparison approach is used. Comparison of the subject equine is done with other similar equines that have sold in the recent past. From these values of similar equine sales, a composite figure is calculated representing the fair market value of the subject equine. This value is time sensitive due to economics and trends in the horse industry.
The End Result
The client is provided with a thorough, professional report which normally contains a full written description of the equine, photographs, video analysis, conformational/gait analysis, significant notes about lineage, show records, and other supporting market data to back up the conclusions and valuation.
If you are interested in having an appraisal done, please contact us directly.
Donation Appraisals $500
Used for tax donations to accurately estimate the value of a horse or item being donated. Discount for multiple horses or items.
Insurance Appraisals $600
Completed for insurance coverage or death-claim reimbursement. In the case of a deceased horse, this appraisal assumes facts that would ordinarily be obtained through the physical inspection of the horse. Also used for determining value of frozen semen, frozen embryos, Intracytoplasmic Sperm Injection (ICSI) breeding doses, horse tack, farm equipment, veterinary medical equipment, and trailers. Discount for multiple horses or items.
Litigation Appraisals $700 & up
Frequently used for litigation, loans, bankruptcy, disputes, divorce, and estate settlements. Includes extensive research on the horse's background, bloodlines, training, show record, and progeny records. These reports are admissible in a court of law. Discount for multiple horses or items. Contact us directly for a custom quote.
* Appraisals requiring a rush job (less than 10 days) may be subject to additional fees.
Livestock & Agricultural Appraisals
Please visit our website at www.livestockappraisers.com for more information.
Expert witness court testimony or deposition $600/day
Travel, hotel expenses, etc. must also be covered and are in addition to our expert witness fee.
Click here to learn more.
Trial, hearing or deposition preparation $800 & up
A few of the other services we offer: $350 & up
Payment in full is required to begin an appraisal. Appraisals requiring a rush job (less than 10 days) or appraisals involving litigation, divorce or bankruptcy must be paid via cash, eTransfer, money wire transfers or retainer through an attorney or insurance company. The appraisal fee may be subject to additional mileage fees, if applicable. Normal time required for a single horse appraisal is 10 to 14 days from receipt of pertinent information and payment. We do offer rush service for an additional fee for clients who require a report in 9 days or less.
GST to be added on top of all listed prices for Canadian residents.
Discounts available for multiple horses.
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