FAQ How Much is My Tree Worth??

By
Services for Real Estate Pros with Woodland Management Service #1 in Forest Land Mgmt

FAQ  How Much is My Tree Worth??measuring trees

A question that every forester is asked often is how much a particular tree is worth. 

Well it depends…

A lot of factors come into play when we appraise a tree including location, type of tree, size of the tree, condition of the tree, and of course what is the tree’s highest and best use.

 

sara cruising timberTimber Value (for Forest trees)

For many trees, especially those growing in the forest naturally, the most appropriate price is that of its forest products, we call this stumpage value.

Stumpage value is the value of the tree as it presently stands and is based on species, size, condition and what the market in the particular area is likely to pay for this tree and the products that is will produce.

Depending on the stage in life that the tree is in, we sometimes use current value, and sometimes use future values and determine, the net present value based on future value, growth, inflation, interest, and projected future markets.

 

yard treeAesthetic Value (for yard trees and recreational area trees)

These are the expensive trees, even though a yard tree is worth nearly nothing for its timber value, its value for aesthetics is immeasurable, unless of course you bring in a Forester who is trained and experienced in appraising trees for their aesthetic value.

yard treeFor these priceless gems that shade our homes and brighten our day, we need a Forester who can determine the total value of the tree bases on the International Society of Arboriculture’s appraisal formulas.

These trees are valued based on what type of area they are growing in, a residential yard, a park, a small patch of trees in your far back yard, a visual break, etc.

They are also valued on the species, size and condition of the tree as well as the area of the country that the tree is located in.

 

forestWhen you need to determine the value of the Forest that you are buying or selling, or if tragedy strikes and you need to determine the value of your favorite tree that your neighbor cut down, give us a call and we can help.

We are experts at tree and forest appraisal as well as expert witnesses.

Bob Crane

Woodland Management Service

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Re-Bloggged 3 times:

Re-Blogged By Re-Blogged At
  1. Tom Bailey 06/29/2013 04:56 AM
  2. Cheryl Ritchie 06/29/2013 08:36 AM
  3. Sally Crane 07/23/2013 02:14 PM
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Comments 36 New Comment

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Rainer
137,196
Raymond Denton - Casta del Sol Realtor®
Casta del Sol is all I do
Your Casta del Sol Agent

Very educational, Bob - thank you.  I used to be a Tree Trimmer, and Richie reminded me of my effort to locate Palm Trees in front yards for Dennis.  Dennis didn't charge me anything for removing them, he had a hoist and long flatbed truck, and plucked them out of the ground and took them to Las Vegas.  He said everybody in Las Vegas wanted Palm Trees and would pay well for them.

June 29, 2013 07:44 AM
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Harry F. D'Elia
Investor , Mentor, CSSN, Radio Coach, REOs, ABR
Precision Real Estate Inc.

I always thought how one determines value of a tree.

June 29, 2013 07:46 AM
Rainmaker
1,329,318
Kristin Johnston, Waukesha Realtor 414-254-6647
Waukesha County Realtor, RE/MAX Buyer Agent
RE/MAX Realty Center

Bob, once again you provide worthy information, and to many of us, I am sure, stuff we don't think about!

June 29, 2013 08:08 AM
Rainmaker
1,344,563
Andrew Mooers
Northern Maine Real Estate-Aroostook County Broker
MOOERS REALTY

The value of the tree is only the tip of the iceberg. The cost to get it removed, without scarring the landscape, causing erosion and silt, debris dumped into the watershed that can affect a lake ten miles away and choke the fish. The removal is a surgeon's skill and like in any profession, there are different levels of competence. Giving the land to your kids in better condition, the next generation than you received it. That is respect, good stewardship.

June 29, 2013 08:08 AM
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Debbie Reynolds
Your Dedicated Clarksville TN Real Estate Agent
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730

Great information Bob. There is value in trees for harvesting but just because they are large doesn't mean they have much value.

June 29, 2013 09:02 AM
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Dick Greenberg
Northern Colorado Residential Real Estate
New Paradigm Partners LLC

Hi Bob - This has been an excellent series on forestry, full of interesting information and insight. Thanks.

June 29, 2013 10:31 AM
Rainmaker
966,356
Edward & Celia Maddox
We Take The High Road
Solutions Real Estate

Very interesting article on trees.  Thanks for sharing on Active Rain.  Unique info to pass onto clients.

June 29, 2013 10:33 AM
Rainmaker
187,257
Bruce Hicks
CRS- Your Friend/Helper for Lifetime! 808.9551577
Best Homes Hawaii

Several years ago, a big developer went around gathering PALM trees and needed a few HUNDRED.  He paid from 500-1500 for each tree!  My client had a FAN PALM that was 12 feet tall and he sold it for $2500.

June 29, 2013 11:24 AM
Rainer
337,682
Brad MacKenzie
Turning Houses into Homes on the South Shore
Success! Real Estate

That's really interesting. And useful information. Thanks for sharing that!

June 29, 2013 11:55 AM
Rainmaker
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Carla Muss-Jacobs, Principal Broker/Owner
Buyer Focused ~ Buyer Results
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% of the Time

I have a Japenase Maple in my yard.  I LOVE IT . . . but the idiots that lived here prior to me planted it TOO CLOSE to the chimney and it's back side is stunted and it doesn't grow full.  It's a shame and I want to transplant it so that the fullness of it's beauty can unfold.  And I hear you about value.  This is an expensive tree.  Good stewardship is the key! (And look at you and the Features of late!!)

June 29, 2013 11:55 AM
Rainmaker
542,744
Wayne Johnson
San Antonio REALTOR, San Antonio Homes For Sale
Coldwell Banker D'Ann Harper REALTORS®

Bob-Your post just goes to show things of value can be appraised. The principals used for tree appraisals sounds similar to the appraisal for houses.

June 29, 2013 12:05 PM
Rainmaker
129,593
Roseanne Campagna
Kent/DesMoines/Blk Diamond/Renton/Maple Valley, WA
John L. Scott RE Maple Valley, WA

Now I'm hooked. Signing up for your blog... interesting stuff. Thank you

June 29, 2013 12:41 PM
Rainmaker
623,600
Wayne and Jean Marie Zuhl
The Last Names You'll Ever Need in Real Estate
Hallmark Realtors

I hate to take down a living tree, but my parents once had a black walnut (I think) that was hitting the roof and pulling up the sidewalk at the same time. Got some money for it and I remember my parents being quite pleased....

June 29, 2013 02:32 PM
Rainmaker
107,689
Mark Artesani
Huntington Bch Fountain Valley
Keller Williams Realty

Bob,

Mostly Palm trees around here. Never knew how to price them Thanks

June 29, 2013 03:28 PM
Rainmaker
166,627
Jimmy Faulkner
The Best Of St. Augustine
Florida. Homes Realty & Mortgage

Great topic and written very well. Some of the information is very new to me and I love the tree shown in the town. Buying the right tree is a decision I would leave to a pro and not myself. Thanks

June 29, 2013 05:58 PM
Rainmaker
935,069
Adrian Willanger
Profit from my two decades of experience
206 909-7536 TheHomeFunnel.com
Bob-I live in an an urban area with lots of evergreens, of which the homeowners are very protective of. Thanks for your post, good stuff.
June 29, 2013 06:55 PM
Rainmaker
1,032,747
Joan Whitebook
Consumer Focused Real Estate Services
BHG The Masiello Group

This is a very informative post.  I had no idea how one goes about giving  value to a tree or trees.

June 29, 2013 07:52 PM
Rainmaker
90,946
Roger Stensland
King & Pierce County Homes Home Resource Group -
Keller Williams Realty Puget Sound

A friend of mine purchased 5 acres and later harvested some of the timber and raised enough money to pay for the land.  Not too bad. 

June 29, 2013 09:23 PM
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Michelle Carr-Crowe Just Call 408-252-8900 Luxury Homes in Top Silicon Valley Schools-San Jose, Cupertino, Saratoga & Palo Alto
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Just Call 408-252-8900 Lynbrook Homes Cupertino KW

Interesting to know about this-I wasn't aware of the appraisal value of specific trees, especially decorative ones.

June 29, 2013 09:28 PM
Rainmaker
1,840,003
Gita Bantwal
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel
RE/MAX Centre Realtors

Thank you for the information. I sold a home where there is atree too close to the house and they were going to cut it down.

June 30, 2013 04:08 AM
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Bob Crane

Forestland Experts! 715-204-9663
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