8+ NM Horse Properties for Sale: Find Your Dream Ranch


8+ NM Horse Properties for Sale: Find Your Dream Ranch

Equine-suitable real estate in the Land of Enchantment typically encompasses acreage with features conducive to horse keeping. These features may include fenced pastures, stables, barns, riding arenas, and access to trails. Such properties cater to a diverse range of equestrian disciplines and lifestyles, from competitive riders to recreational trail riders and those simply seeking a rural lifestyle with their companions.

New Mexico offers a unique blend of climate, landscape, and equestrian culture, making it an attractive location for horse owners. The state’s vast open spaces, varied terrain, and mild winters provide ample opportunities for riding and training. Historically, horses have played a significant role in New Mexico’s culture and economy, from the Spanish conquistadors to working ranches and Native American traditions, adding a rich layer of heritage to land ownership. This history underscores the deep-rooted connection between the land and equine pursuits within the state.

Further exploration of this topic might include discussions of specific regions known for equine properties, the legal and logistical aspects of purchasing such land, factors influencing property values, and the ongoing development of the equestrian community within New Mexico. Considerations such as water rights, zoning regulations, and proximity to veterinary services are crucial for prospective buyers.

1. Acreage

Acreage represents a foundational element in evaluating New Mexico equine properties. The necessary land area directly correlates with the number of horses, intended use, and management practices. Sufficient space allows for comfortable turnout, reducing stress and promoting herd dynamics. Overcrowding, conversely, can lead to overgrazing, resource competition, and increased risk of injury or disease transmission. For example, a single horse on five acres might thrive with rotational grazing, while five horses on the same acreage could rapidly deplete available forage, necessitating supplemental feeding and potentially damaging the land. A larger parcel may also accommodate dedicated training areas like arenas or round pens, further enhancing property value and functionality. Careful acreage assessment proves vital for sustainable land management and equine well-being.

Beyond basic horse keeping, acreage influences potential land uses and property development. Larger parcels offer flexibility for expanding facilities, adding outbuildings, or creating riding trails. Smaller properties, while suitable for a limited number of horses, may restrict future expansion. The interplay between acreage and intended use requires careful consideration. A boarding facility demands more space per horse than a private residence with a few animals. Similarly, breeding operations necessitate separate areas for mares, foals, and stallions. Understanding these varying requirements helps refine property searches and ensure alignment between acreage and long-term goals.

Ultimately, assessing appropriate acreage requires balancing horse needs with practical management considerations. Local regulations, water availability, and terrain all influence how effectively a given area can support equine activities. Prospective buyers benefit from consulting with local experts, including equine veterinarians and experienced horse owners, to determine realistic carrying capacities and sustainable land management practices for specific locations in New Mexico. Such due diligence ensures not only the well-being of the animals but also the long-term viability and enjoyment of the property.

2. Water Availability

Water availability stands as a critical factor in the viability of equine properties in New Mexico. Given the arid and semi-arid climate prevalent throughout much of the state, securing a reliable and sustainable water source is paramount for horse health and property functionality. Understanding the nuances of water rights, well capacity, and potential drought conditions proves essential for prospective buyers.

  • Water Rights

    Water rights in New Mexico operate under a complex legal framework based on the prior appropriation doctrine, meaning the first user to put water to beneficial use establishes a senior right. Understanding these rights is crucial for any property purchase involving water resources. A property deed may not automatically convey water rights, and verifying their existence, priority date, and permitted uses requires careful legal review. Insufficient water rights can severely limit horse keeping operations, impacting everything from pasture irrigation to basic drinking water supply.

  • Well Capacity and Reliability

    Properties reliant on well water necessitate thorough well testing to assess capacity and water quality. Factors like aquifer depth, recharge rates, and potential contamination influence long-term well performance. A well yield test determines the rate at which water can be drawn sustainably. This information informs decisions regarding herd size, irrigation practices, and overall property management. Low-yielding wells or those prone to seasonal fluctuations may prove inadequate for supporting equine activities, particularly during dry periods.

  • Drought Considerations

    New Mexico’s climate presents inherent drought risks. Prospective buyers should evaluate historical drought data for the region and understand the potential impact on water availability. Drought mitigation strategies, such as water storage tanks and efficient irrigation systems, can help ensure a consistent water supply for horses even during periods of low rainfall. Properties with access to multiple water sources offer greater resilience in the face of drought conditions.

  • Water Quality

    Water quality impacts horse health and necessitates testing for mineral content, bacterial contamination, and other potential pollutants. High levels of certain minerals, like sulfates or nitrates, can negatively affect equine health. Water testing provides baseline data for implementing appropriate filtration or treatment systems if necessary. Maintaining good water quality safeguards equine well-being and contributes to the overall sustainability of the property.

Careful consideration of these interconnected water-related aspects is fundamental to successful horse ownership in New Mexico. Due diligence in verifying water rights, assessing well capacity, and understanding drought risks helps ensure the long-term viability and enjoyment of an equine property. Integrating these considerations into the property search process empowers informed decision-making and mitigates potential challenges associated with water scarcity or quality issues.

3. Fencing and Pastures

Fencing and pastures represent integral components of suitable equine properties in New Mexico. Effective perimeter fencing ensures the safety and containment of horses, preventing escapes onto roadways or neighboring properties. Secure fencing also deters predators and minimizes the risk of unwanted interactions with livestock or wildlife. The type and construction of fencing should consider the specific needs of the horses housed. For example, high-tensile wire fencing, while cost-effective, may not be suitable for all breeds or temperaments, as some horses might attempt to jump or run through it, resulting in injury. Sturdy post and rail or vinyl fencing options offer increased visibility and durability, reducing the risk of entanglement or fence breakage. Proper gate placement and functionality are also crucial for easy access and secure containment within designated areas.

Beyond containment, well-maintained pastures contribute significantly to horse health and well-being. Healthy pastures provide essential forage, reducing reliance on supplemental feed and promoting natural grazing behaviors. Pasture management practices, including rotational grazing and regular fertilization, ensure long-term forage production and minimize weed growth. Soil testing helps determine nutrient deficiencies and informs appropriate fertilization strategies. Overgrazing can lead to soil erosion, weed proliferation, and reduced forage quality, negatively impacting horse health and increasing property management costs. Careful consideration of pasture size, carrying capacity, and grazing management practices is essential for maintaining healthy horses and sustainable land use.

In the context of New Mexico’s diverse terrain and climate, fencing and pasture management strategies may require adaptation based on specific regional conditions. Arid regions necessitate drought-tolerant grasses and efficient irrigation systems to maintain pasture productivity. Areas with rocky terrain may require specialized fencing materials and construction techniques. Integrating these considerations into property selection and development ensures the long-term viability and suitability of equine properties within the unique New Mexican landscape. Understanding the interplay between fencing, pasture management, and regional conditions empowers informed decisions and fosters a safe and healthy environment for horses.

4. Stable and Barn Facilities

Stable and barn facilities represent crucial infrastructure investments on New Mexico horse properties, directly impacting both equine well-being and property value. These structures provide shelter from the elements, secure storage for feed and equipment, and dedicated spaces for horse care and management. Evaluating existing structures or planning for new construction requires careful consideration of functionality, safety, and long-term maintenance requirements within the context of New Mexico’s climate and environmental conditions.

  • Construction and Materials

    Building materials and construction techniques influence the durability, safety, and climate control within stables and barns. Adobe, a traditional building material in New Mexico, offers excellent insulation but requires specific maintenance considerations. Metal buildings provide cost-effective and durable options, but can experience significant temperature fluctuations. Wood framing offers versatility and aesthetic appeal, but requires ongoing maintenance to prevent rot and insect damage. Proper ventilation is essential in all stable designs to maintain air quality and minimize respiratory health issues in horses. Roofing materials should withstand New Mexico’s intense sun and occasional heavy snowfall.

  • Stall Design and Size

    Stall dimensions and design impact horse comfort and safety. Stalls should provide ample space for horses to move freely, lie down comfortably, and rise without restriction. Appropriate stall flooring materials, such as rubber mats or compacted clay, provide cushioning and drainage, minimizing stress on joints and reducing the risk of hoof problems. Stall walls should be sturdy and free of sharp edges or protrusions that could cause injury. Proper ventilation within individual stalls ensures fresh air circulation and reduces the buildup of ammonia and other potentially harmful gases.

  • Storage and Utility Areas

    Designated areas for feed and hay storage protect these essential resources from spoilage and rodent infestation. Secure tack rooms provide organized storage for saddles, bridles, and other equipment. Wash stalls with hot and cold water access facilitate horse grooming and care. Utility areas for storing bedding, cleaning supplies, and other maintenance equipment contribute to efficient property management. Careful planning of these spaces optimizes workflow and enhances the overall functionality of the barn facility.

  • Site Considerations and Integration

    The location and orientation of stable and barn structures influence their functionality and impact on the surrounding environment. Proper drainage around buildings prevents water accumulation and mud, minimizing hoof problems and maintaining a healthy environment. Consideration of prevailing winds and sun exposure can optimize natural ventilation and temperature regulation within the structures. Integrating barn facilities seamlessly into the overall property layout enhances both aesthetics and practical management.

Careful evaluation of these interconnected aspects of stable and barn facilities ensures the creation of safe, functional, and durable structures that contribute significantly to the value and usability of New Mexico horse properties. Investing in well-designed and properly constructed equine housing demonstrates a commitment to horse welfare and enhances the long-term enjoyment and management of the property. Proper planning and execution in these areas ensure a secure and comfortable environment for horses while maximizing the investment value of the property.

5. Arena and Training Areas

Dedicated riding and training areas represent significant value enhancements for equine properties in New Mexico, catering to a range of disciplines and riding styles. These purpose-built spaces provide controlled environments for training, exercise, and recreational riding, independent of weather conditions or terrain limitations. The presence, size, and type of arena significantly influence a property’s appeal to potential buyers and its overall utility for horse owners.

  • Arena Construction and Footing

    Arena construction encompasses several key considerations, including size, shape, and footing materials. Larger arenas offer greater flexibility for various riding activities, while smaller arenas may suffice for lunging or basic groundwork. Footing materials directly impact horse safety and performance. Sand, a common choice, provides good cushioning and drainage but requires regular maintenance to prevent compaction or excessive dust. Other footing options, such as specialized mixes incorporating rubber or synthetic fibers, offer enhanced performance characteristics but may come at a higher cost. Proper drainage and grading are essential for any arena surface to prevent waterlogging and maintain optimal footing consistency.

  • Disciplinary Considerations

    Different equestrian disciplines necessitate specific arena features. For example, cutting horse training benefits from a rectangular arena with ample space for maneuvering cattle, while dressage riders prefer a standard-sized arena with clearly marked boundaries for precise movements. Jumping disciplines require adequate space for setting courses and safe landing areas beyond obstacles. Matching arena design and dimensions to intended disciplines enhances training effectiveness and property value.

  • Covered Arenas and Indoor Facilities

    Covered arenas and indoor riding facilities provide protection from New Mexico’s intense sun, wind, and occasional precipitation, extending usable riding time throughout the year. These structures represent a significant investment but offer substantial benefits in terms of training consistency and horse comfort. Factors such as ventilation, lighting, and ceiling height influence the usability and safety of enclosed riding spaces.

  • Ancillary Training Areas

    Beyond the main arena, ancillary training areas, such as round pens and lunging areas, further enhance property functionality. Round pens provide dedicated spaces for groundwork, training young horses, or working with individual animals. Lunging areas offer a controlled environment for exercising horses without a rider. These additional spaces contribute to the overall versatility and appeal of an equine property.

The inclusion of well-designed and properly constructed arena and training areas significantly elevates the desirability of horse properties in New Mexico. These dedicated spaces cater to diverse equestrian pursuits, enhance training effectiveness, and contribute to year-round usability. Careful consideration of arena construction, disciplinary requirements, and ancillary training features allows buyers to identify properties aligned with their specific needs and enhances the overall value and functionality of equine real estate in the region.

6. Trail Access

Trail access represents a highly desirable amenity for New Mexico horse properties, significantly influencing property values and buyer appeal. Direct access to riding trails expands recreational opportunities, enhances training regimens, and fosters a deeper connection with the surrounding landscape. Evaluating trail access involves considering trail types, proximity, accessibility, and potential impacts on property management and equine well-being.

  • Trail Types and Terrain

    New Mexico offers diverse trail riding experiences, ranging from high-desert landscapes to forested mountain trails. Understanding the types of trails accessible from a property informs decisions based on riding preferences and equine suitability. Steep, rocky terrain may pose challenges for certain breeds or disciplines, while gentler, more established trails offer safer and more accessible riding opportunities for a wider range of horses and riders. Variety in trail types adds to a property’s recreational value and allows for varied training experiences.

  • Proximity and Accessibility

    Direct trail access from a property eliminates the need for trailering, simplifying riding logistics and enhancing spontaneous riding opportunities. Properties bordering public lands or those with easements across neighboring properties offer convenient access to established trail systems. Evaluating the distance and accessibility of trails from the property’s main structures informs decisions regarding property use and management. Proximity influences how easily horses can be ridden to and from trails, impacting daily routines and overall riding enjoyment.

  • Trail Maintenance and Shared Use

    Trail maintenance responsibilities vary depending on trail ownership and access agreements. Trails traversing public lands may require adherence to specific usage guidelines and shared access with hikers, mountain bikers, and other recreational users. Properties with private trails necessitate ongoing maintenance efforts to ensure safe and enjoyable riding conditions. Understanding these responsibilities clarifies property management requirements and potential shared-use considerations.

  • Impact on Property Value and Appeal

    Trail access significantly enhances the desirability and market value of horse properties. Buyers often prioritize properties with direct access to well-maintained and varied trail systems. This amenity adds a premium to property value compared to similar properties lacking trail access. The presence of established trails contributes to a property’s overall recreational appeal and expands opportunities for enjoying the surrounding landscape with horses.

Careful consideration of trail access, including trail types, proximity, maintenance, and shared-use considerations, allows prospective buyers to make informed decisions aligned with their riding preferences and property management goals. This amenity significantly contributes to the overall appeal and value of New Mexico horse properties, offering enhanced recreational opportunities and fostering a deeper connection with the region’s unique landscapes.

7. Zoning Regulations

Zoning regulations play a crucial role in determining the suitability of properties for equine use in New Mexico. These regulations, enacted at the county and municipal levels, dictate permitted land uses, animal density, and allowable structures. Variances from existing zoning may require special permits and adherence to specific conditions. Failure to comply with zoning regulations can lead to fines, legal action, and restrictions on property use. Due diligence in researching applicable zoning regulations is essential before purchasing a property intended for equine activities.

Zoning ordinances often specify the minimum acreage required per horse, influencing the number of animals a property can legally accommodate. Regulations may also stipulate setback requirements for structures like stables and barns, impacting property layout and development potential. Some zones may prohibit certain equine-related activities altogether, such as commercial boarding or breeding operations. For example, a property zoned for agricultural use might permit a limited number of horses for personal use, but prohibit the operation of a commercial riding stable. Understanding these nuances is vital for aligning property selection with intended equine activities. A real-life example includes Santa Fe County, where zoning regulations stipulate minimum lot sizes and building setbacks for horse properties, impacting allowable stable sizes and the number of horses permitted. Ignoring these stipulations could lead to legal challenges and restrictions on property use.

Careful examination of zoning regulations provides crucial insights into the permissible uses and limitations of a prospective horse property. This understanding protects buyers from unforeseen legal challenges and ensures compliance with local ordinances. Consulting with local zoning authorities and legal professionals specializing in real estate law clarifies permissible activities and any necessary permitting processes. This proactive approach mitigates risks and facilitates informed decision-making in acquiring and developing equine properties in New Mexico. Understanding zoning regulations allows for a realistic assessment of property potential and ensures compliance with legal frameworks governing equine activities, contributing to the sustainable development of the equine community within the state.

8. Proximity to Veterinary Care

Ready access to qualified veterinary care stands as a critical factor influencing the suitability of New Mexico properties for equine purposes. Horses, as prey animals, are susceptible to a range of illnesses and injuries requiring prompt veterinary attention. The remoteness of some properties within the state necessitates careful consideration of veterinary service availability and response times. Proximity to veterinary clinics, equine hospitals, or the availability of ambulatory veterinary services significantly impacts the ability to provide timely medical care, directly influencing equine health outcomes and property management considerations.

  • Emergency Veterinary Services

    Equine emergencies, such as colic or traumatic injuries, demand immediate veterinary intervention. Properties located far from veterinary clinics or hospitals face extended response times, potentially jeopardizing a horse’s chances of survival. Access to 24/7 emergency veterinary services, either through local clinics or dedicated equine ambulatory practices, represents a crucial factor in evaluating property suitability. Areas with limited or no after-hours emergency veterinary coverage may present significant challenges for horse owners, particularly in managing critical situations. For instance, a horse experiencing colic in a remote location might face a delayed diagnosis and treatment, increasing the risk of complications or even death.

  • Routine Veterinary Care and Preventative Medicine

    Routine veterinary care, including vaccinations, dental checkups, and farrier services, contributes significantly to long-term equine health and well-being. Properties located near veterinary clinics or with convenient access to ambulatory services simplify routine care logistics, minimizing travel time and stress on horses. Easy access to these services facilitates preventative medicine practices, reducing the risk of disease outbreaks and promoting overall herd health. In areas with limited veterinary infrastructure, routine care can become logistically challenging, potentially leading to deferred preventative measures and increased risk of health issues.

  • Specialized Equine Veterinary Services

    Certain equine disciplines or breeding operations require access to specialized veterinary services, such as reproductive specialists, lameness experts, or surgical facilities. The availability of these specialized services influences property suitability for specific equestrian pursuits. Properties located near equine hospitals or referral centers offer greater access to advanced diagnostic and treatment options, contributing to better health outcomes for performance horses or breeding stock. For example, a breeding operation benefits from proximity to reproductive specialists for managing breeding cycles, pregnancy checks, and foaling complications. Access to these specialists contributes to higher breeding success rates and improved foal health.

  • Veterinary Service Costs and Availability

    Veterinary service costs and availability vary across different regions of New Mexico. Researching local veterinary practices, including their fee schedules and service offerings, helps inform property purchase decisions. Areas with a higher concentration of equine veterinary providers often experience greater competition, potentially leading to more competitive pricing. Understanding local veterinary resources and associated costs helps buyers anticipate potential expenses associated with horse ownership and property management.

Proximity to comprehensive veterinary care significantly impacts the suitability and long-term viability of New Mexico horse properties. Evaluating access to emergency services, routine care providers, specialists, and associated costs empowers informed decision-making. Prioritizing properties with convenient access to qualified veterinary care safeguards equine health, simplifies property management, and contributes to the successful and sustainable enjoyment of horse ownership within the state.

Frequently Asked Questions about Equine Properties in New Mexico

Acquiring suitable land for horses in New Mexico often raises important questions. This section addresses common inquiries regarding property selection, legal considerations, and practical aspects of horse ownership within the state.

Question 1: What are typical acreage requirements for horse properties in New Mexico?

Acreage needs vary based on the number of horses, intended use, and management practices. While no statewide minimum exists, local zoning regulations often dictate minimum acreage per horse. Five to ten acres per horse is a common guideline in many areas, allowing for adequate grazing and turnout. Arid regions may require larger parcels due to lower forage production.

Question 2: How do water rights function in New Mexico, and how do they affect horse property purchases?

New Mexico operates under the prior appropriation doctrine for water rights, meaning the earliest water users hold senior rights. Water rights are not always automatically conveyed with property deeds and require careful legal review. Insufficient water rights can severely limit horse keeping activities, impacting irrigation and drinking water availability.

Question 3: What fencing types are most suitable for containing horses in New Mexico’s varied terrain?

Fencing choices depend on terrain, horse breed, and budget. High-tensile wire offers cost-effectiveness but requires careful installation to prevent injury. Post and rail or vinyl fencing provide increased visibility and durability, particularly for horses prone to jumping or leaning. Local fencing professionals can advise on suitable options for specific property conditions.

Question 4: What are key considerations for stable and barn construction in New Mexico’s climate?

Stable design should prioritize ventilation, temperature regulation, and durability. Materials like adobe offer excellent insulation but require specialized maintenance. Metal buildings provide durability but can experience temperature extremes. Wood framing necessitates ongoing maintenance to prevent weather-related damage. Proper ventilation is essential for equine respiratory health.

Question 5: What are the zoning regulations regarding horses in different areas of New Mexico, and how do they impact property use?

Zoning regulations vary significantly across counties and municipalities. These regulations dictate permitted land uses, allowable animal density, and building restrictions. Some areas may prohibit commercial equine activities. Consulting with local zoning authorities ensures compliance with regulations and clarifies permissible property uses for equine pursuits.

Question 6: How does access to veterinary care influence horse property suitability in New Mexico?

Access to veterinary care is paramount, particularly for emergency situations. Properties located far from veterinary clinics face increased response times. Evaluating proximity to equine veterinary services, including emergency services, routine care providers, and specialists, is crucial for ensuring prompt medical attention and maintaining equine health.

These frequently asked questions offer initial insights into important considerations for prospective horse property buyers in New Mexico. Thorough research and consultation with local experts facilitate informed decision-making and contribute to the successful acquisition and management of equine properties within the state.

Beyond these frequently asked questions, further exploration might include detailed discussions of specific regions known for equine properties, financing options for land purchases, and the ongoing development of the equestrian community in New Mexico.

Tips for Navigating the New Mexico Equine Real Estate Market

Acquiring ideal acreage for equine pursuits in New Mexico requires careful planning and informed decision-making. The following tips provide guidance for navigating the complexities of the state’s unique real estate market and ensuring a successful property purchase aligned with individual equestrian goals.

Tip 1: Engage Local Expertise:

Consulting with local real estate agents specializing in equine properties provides invaluable market insights and access to suitable listings. Local equine professionals, such as veterinarians and farriers, offer valuable perspectives on property suitability and regional considerations. Their expertise helps identify properties aligned with specific equestrian needs and avoids potential pitfalls.

Tip 2: Verify Water Rights and Availability:

Water access is paramount in New Mexico. Thoroughly investigate water rights associated with any prospective property and verify their legal standing. Conduct well tests to assess capacity, reliability, and water quality. Understanding water availability and its legal framework is fundamental to successful horse property ownership in the state.

Tip 3: Assess Existing Infrastructure and Plan for Future Needs:

Carefully evaluate existing infrastructure, including fencing, stables, barns, and arenas. Consider future expansion needs and potential land use limitations. A long-term perspective avoids costly renovations or limitations on future equestrian activities. Balancing current needs with future aspirations ensures a sustainable and enjoyable property.

Tip 4: Research Local Zoning Regulations and Restrictions:

Zoning regulations dictate permitted land uses and animal density. Non-compliance can lead to legal challenges and restrictions on property use. Thoroughly research local zoning ordinances and consult with relevant authorities to ensure alignment between intended equine activities and permissible land uses.

Tip 5: Evaluate Proximity to Essential Services and Amenities:

Consider proximity to veterinary clinics, farriers, feed stores, and other essential equine services. Easy access to these resources simplifies property management, facilitates routine horse care, and ensures prompt attention in emergency situations. Convenient access enhances both horse well-being and owner convenience.

Tip 6: Factor in Transportation and Accessibility:

Evaluate road access, proximity to major highways, and transportation logistics for hauling horses and supplies. Consider accessibility during different seasons, particularly during winter months in mountainous regions. Reliable access ensures smooth property management and uninterrupted equine activities.

Tip 7: Inspect Fencing and Pastures for Safety and Suitability:

Thoroughly inspect fencing for integrity and suitability for containing horses. Assess pasture quality, size, and carrying capacity. Consider potential needs for rotational grazing or pasture improvements. A well-maintained and appropriately sized pasture contributes significantly to equine health and property value.

By adhering to these tips, prospective buyers can navigate the New Mexico equine real estate market effectively, making informed decisions aligned with individual needs and ensuring a fulfilling and sustainable horse ownership experience. Careful planning and thorough due diligence contribute to a successful property acquisition that supports both equine well-being and long-term enjoyment.

These tips provide a solid foundation for beginning the search for the perfect equine property. The concluding section of this article will offer final thoughts and recommendations for prospective buyers.

Finding the Ideal Horse Property in New Mexico

Suitable land for equine pursuits in New Mexico requires careful evaluation of multiple interconnected factors. Acreage, water availability, fencing, pasture quality, stable facilities, arena development, trail access, zoning regulations, and proximity to veterinary care all contribute significantly to a property’s suitability for horse ownership. Understanding these elements and their interplay within the unique New Mexican landscape empowers informed purchasing decisions.

Successful acquisition of horse property represents a significant investment, both financially and emotionally. Thorough due diligence, consultation with local experts, and a clear vision for intended equine activities pave the way for a rewarding and sustainable horse ownership experience in the Land of Enchantment. Careful consideration of the factors presented herein allows prospective buyers to identify properties aligned with their equestrian goals, ensuring not only the well-being of their horses but also the long-term enjoyment and viability of their investment.