Ask almost anyone what their horse is worth and they’ll say their horse is priceless. However, when it comes time to purchase a new horse or to insure your horse, you’ll need a practical dollar amount. Horse worth is determined by many actors starting with their age and health, their breeding, if they’ve been trained and what for, competition success if any, and if the horse is up for sale, the reason for it and how fast they need to be sold.
Get what you pay for?
With our economy the way it is right now, horse prices can vary highly, you can find listings for trained elite horses from over one hundred thousand dollars all the way down to free. As with all things, often you get what you pay for, especially for free horses that have been rescued and may have an entirely unknown past. If you can afford to take the risk on an unknown horse, free tends to come with the price of vet bills. An excellent trail horse that’s healthy and has the vet records to prove it will probably cost you about five thousand dollars.
Bloodline and Breeds determine horse worth
The prime age of a horse is between seven and fourteen years old. Horses older are typically worthless even though most horses are well able to do hard work well into their twenties.
Bloodlines and breed play a big part in the price tag, especially for breeds such as quarter horses, thoroughbreds, and warmbloods. If your horse, or the horse you’re looking to buy, is a stallion, they could be worth significantly more. A stallion who is well trained and has success with events will add to the number significantly.
Record keeping of Horses Health is invaluable
Veterinarian records are a must if you’re buying. If your horse, or potential horse, has known health issues, this will bring their dollar worth down. If you’re prepared to deal with the health costs when buying, this may not be a consideration. A horse with minor problems may still be perfectly able to trail ride and have recreation use. It’s always a good idea to have your veterinarian look at any horse you’re looking to buy – especially if it’s a rescue or has an unknown past!
Go for the Quick Sale
Also, a consideration when purchasing is if an owner is in a hurry to sell, you’ll probably get a much lower price. Unfortunately, if the seller is in no hurry, then they’ll probably stand firm at a higher price. Rescues will, of course, be pretty much ready whenever you can pay the adoption fee and get your trailer there.
And even when you come up with a number to put on paper, we all know that a horse’s real worth is without price. Every stopped to think just how much is your Horse worth?