Hello Beth, thank for the education on marketing horse property and how to come up with an accurate market value. Very important for us to do our due diligence and research as much information as possible for our Buyers. Interesting facts I'll jump over to Janine Cmpeau Ewald to view the original post. Thanks

Thanks for the posting, Beth.  I think you head the nail on the head when you talked about whether or not this horse property is in a location with OTHER similar horse properties.  This will make a significant difference in value.  Also, yoo talked the other important element... the improvements to the land to accommodate the horses, tack house, barn, corral, fence, riding trails and on!

Yes, I'm sure there is an art to this type of residential property and your post is very informative.  And what a lovely photo accompanying this post!  You should use it as your background for your blog!!  ;-)

Beth, I think you bring up an excellent point in inspecting the property for the appraisal and learning about the inspections of the comparables like with the distance to riding trails. The comparables in this category most definitely can not be done only on "paper." Great post.

Great post. This is the first blog I have read on Active Rain about Horse Farm appraisals. Thank you very much.  Jim

I sell a lot of farm and ranches and yes, they are unique to price and sell.  Knowing the value of the land, the structure, improvements, etc. are all key.

Beth, what a great lesson about horse property.  I have not had the pleasure of representing any equestrian homeowners or buyers in my area, however, I know who to refer to when thinking of Temecula :)

Beth:  What a fabulous blog post.  And what a fountain of knowledge you are.  I have never had the opportunity to market a horse property, but you seem to be such an incredible expert on it.

I think anyone in your market area would be best off if they had you represent them.  I just know you wouldn't "steer" them wrong.  (I know that doesn't quite fit, but it's the best I could come up with... LOL)

Congratulations on your Featured Post and your Gold Star.  Well deserved!

Beth, was just in the wine country area of Temecula, love your post, next post maybe on vineyard appraisals. ;)

Beth:

Thanks for the education.  I have quite a few horse properties in our area and always wondered how they came up with a price for them.  We have a few "horse friendly" towns that cater to the "jumping" crowd and even some local "hunt" clubs so it s great to have an insider's knowlege available.

Beth, appraising a horse property is not an easy task. You really earn your fee on these and more. Good information!

 

Nicely presented and done...Inviting and informative...High confidence level at work. BTW...you have excellent city management in Temecula helping it to maintain its elegance and productivity as well as values...Good job Mayor Mike Naggar and the council too

Excellent Blog and much appreciated!

Eve in Orlando

Beth, I wish more agents would include the number of horses a property can support in the listing remarks. That would really help when narrowing down the possibles.