Equestrian Arena Appraisals

Benchmark Real Estate Appraisals is trusted to complete appraisals of recreational properties, including Equestrian Arenas. Whether for financing, refinancing, buying or selling, Benchmark Real Estate Appraisals will provide you with an accurate market value of Equestrian Arenas. In our reports, we can include, or exclude, riding arenas, stables or barns, outdoor riding areas, residential or commercial homes on the property and more, all depending on the nature and purpose of the appraisal.

For further information on appraisals or Equestrian Areas or other recreational properties, or to request that Benchmark Real Estate Appraisals stand as an Expert Witness in your case, please contact us!

Equestrian centres and riding arenas are somewhat common throughout the
Calgary Region. The ranching heritage of the region has created significant interest in
the rearing of horses for both recreational and commercial pursuits.

Although facilities can be very similar in nature, the purpose of the facilities are
controlled by development permits and are defined within County Land Use Bylaws.

The following definitions are from Rocky View County but are similar in nature to other
Counties in the region.

EQUESTRIAN CENTRE means public facilities (buildings, shelters or other
structures) at which horses are exercised or trained, training in equestrian skills or
equestrian competitions or shows are held.
PRIVATE RIDING ARENAS means a building used by the owners or occupants
of the site on which the building is located for the training and exercising of horses
and is not used for horse shows, rodeos or similar events to which there is a fee to
participate in or to use the facilities.
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Regardless of the operation type, our appraisers are skilled in the valuation of these facilities.

Riding arenas can be both indoors or outdoors. Components of equestrian facilities can include staff quarters, viewing areas, stalls, wash racks, and kitchen facilities. All can present challenges in valuation.

Experience with these valuations has allowed us to provide accurate and meaningful analysis to aid our clients in making informed real estate decisions.