What is a timber valuation - is it necessary?
A timber valuation is an estimate of the value of a stand of timber based on many factors such as timber age and quality, log-ability, access and current log markets.
Buying and selling timbered property, estate valuation, selling standing timber are just a few instances where a timber valuation is necessary.
A timber valuation is generally done by first obtaining the marketable volume of timber with a timber cruise, understanding the types of logs that can be manufactured from the timber and then applying those values to estimate possible gross revenue from the sale.
Next, we take into consideration expenses such as the cost of logging, cost of hauling, road building, taxes, reforestation and other expenses that might affect the harvest operation.
Once all revenue and expenses are taken into consideration, we can give a current timber valuation.
Every property is different and every landowner has their specific objectives.
We will visit with you to understand your objectives and provide options for obtaining an timber valuation for you.