If turnout time has solved the NQR and he’d vet out, I’d put a max value of $7500 with everything else
Without being back in work proving that the NQR situation has resolved, the horse has very little potential to be sold at all. If you tried to sell him on the spot (within a month) with honest disclosure of the issue and without investing in any riding or training or showing, I think you could expect $1000-$1500. I’m not sure an appraiser would be helpful. I’m guessing an appraiser would want more detailed and more current veterinary information to make a proper estimate.
IF you were to invest in the time to put him back in work and get a show or two under his belt over the course of 3-6 months, and he doesn’t show any further sign of an issue, than he might be worth $7500. If there is a hint of any further issue or something shows up on the vet check, the price would be discounted.
If the horse has recovered from his issue and is in a training program with a fancy trainer who costs $$$$ per month, that trainer might advertise and try to sell him for something more like $15000, but that’s no guarantee of a sale at that price or a sale at all.
Right now, your horse is a bit of an unknown. If your horse gets back into work and the issue comes back up, you might be stuck with an expensive pet worth $0. If your horse gets back into work and does well and does well throughout the show season, you might end up with a horse worth a tidy little sum, perhaps 10K or more by the end of the year. Or he could be sound but have a bad year and become less of an ammy ride or develop a bad habit or problem, etc. Of course that’s all pure speculation, and has nothing to do with what the horse is worth NOW.
And to get any increased value out of the horse you would have to invest a decent amount of time and money to get him there (board + vet + farrier + lessons + trailering + show entry fees + your time) but in your soon to be exDH’s eyes that investment might come across as you just having fun with your horse.
[QUOTE=cllane1;8060822]
Not an ad! I’ll try to keep particulars generic. Ex-DH and I have vastly differing ideas on his current market value, and I’m interested in seeing who’s closer to the mark. If necessary we can get him appraised, but you guys are usually great at providing insight.
I am NOT selling him, just wanted to get an estimate of what similar horses are going for.
7 y.o. gelding, unregistered WB by a leading h/j sire out of a main stud book Hanoverian mare with excellent USEA record at novice and training.
Has done schooling shows in h/j, dressage, event derby. No recognized shows or nationally recorded scores. Places well to middling, always lots of compliments. Last show was June 2014, schooling dressage show. Has done probably 3-5 schooling shows per year since he was 4, so about 3 years.
Last summer presented slightly NQR in RH; a summer of diagnostics (x-rays of hocks and stifles, SI injection, chiro, anti-inflammatories) didn’t really determine anything never lame, just slightly short and NQR.
Very lightly ridden in fall and winter due to owner’s schedule. NQR-ness seems improved in the rides I’ve had on him, but he has not been in consistent work so could manifest itself again.
Not a beginner’s horse, but a nice AA ride with lots of potential to be developed.
Not sure if area matters, but Texas or Alabama/Area III ideas would be quite helpful.[/QUOTE]
Are you the owner who rides or is it your husband? Just your reference to the owner is odd.
Anyway, he’s worth what you can get for him, which isn’t much currently. Hope the horse feels better.
Divorce requires a division of property. It is better (and cheaper) if the two parties can agree. Personally, I would not spent lots of time squabbling over the value of the horse. I would use his purchase price and be done with it.
Put the horse on a scale and make your husband ‘prove’ he is worth more.
Right now he is making you do all the work.
I agree with Guilherme. Plus, there used to be ads in CoTH mag for equine experts in evaluation of dollar worth of horses. I suggest you find someone who is an expert on purchasing and training and selling the breed/registry of horse involved, and get that person to evaluate the horse. The other side can hire their own expert and then the judge can decide the value based on the 2 experts’ testimony.
In my area of the country, I know a woman who imports and sells warmbloods, so if that issue ever came up, I’d use her. Or use the importer in FL that I bought my horse from. I’ve seen some divorce hearings where horses and dogs were fought over in Atlanta. Nasty stuff. Which is why every time I’ve bought a dog or horse, I’ve declined the offer from men and paid for the animal myself with my personal check.
As is soundness and schooling wise…? I’m in the $2500-$4500 range, depending how not right he is, and how fancy he is…
To me his breeding doesn’t even matter. He is a gelding right? His value comes from what he is able to do under saddle. If he is still NQR (= lame) then to me he has no resale value until his lameness is gone. This might not be acceptable , but an unusable horse has nothing to offer and no value to anyone other than the one who currently owns him, and that is sentimental value only.
Remember POTENTIAL value is not “real value now”. Try to be REAL about it and downgrade his value as much as you can…up to getting him vetted and failed :winkgrin: Then propose something else of approximate equal value to trade with ex for the horse assuming you want him. I’m also assuming he really doesn’t want to OWN a horse so that works in your favor. I know someone who traded a maple dining room set for 2 horses in a settlement negotiation. (one old & one unbroke baby) Hey it worked!!
You can’t give away a lame horse.
[QUOTE=5;8062310]
Put the horse on a scale and make your husband ‘prove’ he is worth more.
Right now he is making you do all the work.[/QUOTE]
Really, I mean, what’s with you being so nice and trying to come up with an agreeable value?? Your husband has no way of knowing waht his value should be. If he says he does, he’s making it up to try to get money.
This horse, unless he is back in work proving he is no longer NQR, is worth the meat man as far as sales go. Do you understand a horse is only as valuable as someone will pay for him?? Nobody will buy a horse who is unsound and cannot or has not been proven sound.
You are making up these numbers entirely out of your imagination. Adjusting for NQR? That means priced at meat market value.
Don’t let your husband bully you into a value on this horse which doesn’t exist.
HOnestly, its like my former SO. I have a horse who was once owned by a former olympic rider, but she sold the horse on, because he was too unsound for jumping. My SO’s teenage daughter came to the barn with me, and rode him a little, at a walk, and would never trot, and never would put a leg on him, so he just wandered around the arena, unguided. My SO, however, had it that his daughter was riding an Olympic Caliber Horse, and wanted her to put that on her resume for colleges. What-ev-er. There was nothing I could do to convince him that as nice as this horse is, and he is really nice, and is currently sound and successful at eventing around tyhe training level, he could never even be sold, because no one will ever buy him, because if you push him just so, he will probably become navicular. He will always have the history of NQR, and few people who want a 7000 to 15,000 horse (which is far far away from Olympic Caliber) would buy him because he comes with a probability, and a history of NQR. So he’s mine until the end, to ride in whatever capacity he stays sound for me in.
Your husband is dreaming. If you cater to that, you’re, well, I won’t call you a fool, but you are being foolish.
I had to edit this and postulate that the OP is gullible, and easily manipulated, if she contemplates a value on this horse.
I agree. If you want to be nice, give them the purchase price and be done with it. Don’t hear anything more. If they really want to quibble, tell them that because the horse is lame, his value is actually much less than that, and we can have that put in writing by an adjuster, if we want…
That should shut them up.
Aren’t horses also a major liability? The cost of care certainly is not in the asset category. A lame horse’s value has to be compared to the cost of care - those monthly and annual costs can be pretty sobering. Vet care alone is not cheap.
I wouldn’t buy him until he’d been back in full work (5 days a week) for at least three months. 3 months at a very minimum, because I assume the first month or so would be building base-line fitness.
So many injuries don’t reappear until they are in work, and since it was never really diagnosed, I wouldn’t buy this horse unless he was staying sound in real work. That’s just me.
I sincerely agree with whoever said that if your ex wants to value him in the tens of thousands that he should put him in training with a pro for a few months, pay for showing, commission, etc. and see what you get. Otherwise you have to deal with the reality of what you are looking at today…not the glorious, possible potential–tempered by the fact he will always have a vet record showing he was NQR–a sobering consideration.
Ok this is sarcastic and snarky but towards your ex,OP, not you.
Offer to give your horse to your ex in the settlement. I would bet all further discussion of the horse stops right there.
Or if ex’s attorney still wants to argue, offer to give the horse to the attorney.
That’s my good idea for the day I think …
Serious question …
What does NQR stand for ? Not Quite Ready ? = lame ?
If you hold the stronger position in the divorce tell your extobe to go p-ss up a rope.
[QUOTE=hosspuller;8073104]
Serious question …
What does NQR stand for ? Not Quite Ready ? = lame ?[/QUOTE]
NQR = not quite right. Horse is off somehow but you can’t really find it or even know for sure where the problem is. Just…NQR.
[QUOTE=evenstar;8073152]
NQR = not quite right. Horse is off somehow but you can’t really find it or even know for sure where the problem is. Just…NQR.[/QUOTE]
Thanks …
Counter-sue for child (horse) care costs. (Kidding.) All the best to you.
[QUOTE=evenstar;8073152]
NQR = not quite right. Horse is off somehow but you can’t really find it or even know for sure where the problem is. Just…NQR.[/QUOTE]
Or the money for an in-depth, all points covered, super-deep veterinary diagnostic routine just isn’t there. Depending on how elusive the problem, that could easily be well over $1000. So small diagnostics are done from time to time, with all parties doing their best for the horse, but not knowing exactly what they are treating. Also in the generous ballpark of NQR.