At some point in an animal owner's life, situations may occur that are unforeseen and require you to prove the value of your animal. An animal or livestock appraisal is a specialized service used to establish the current market value of animals for purposes such as donations, insurance policies and claims, divorce, estate settlements, and litigation. A professional report is created for each appraisal.
The Appraisal Process
In making an animal appraisal, a comparable market analysis is used. Comparison of the subject animal is done with other similar animals that have sold in the recent past. Using recent animal sales data, a composite figure is calculated to represent the subject animal's Fair Market Value. This value is time-sensitive due to economic factors and trends in the animal industry.
What can affect your animal's value?
Factors that do not affect your animal's value?
The End Result
The client is provided with a complete, professional report which normally contains a full written description of the animal, photographs, conformational analysis, significant notes about lineage, show records, and other supporting market data to back up the conclusions and valuation.