One way to locate these foresters is by visiting the. Keep reading. This value can vary widely depending on the species and quality of trees on that acre. The value of a timber depends on the species, size, and quality of the trees. I have marked timber on land that has nothing but pulpwood where the value was around $60 per acre. The Stumpage Price Report is published semi-annually and reports the prices paid for standing timber during the previous six months. The longer answer is that the monetary value of a tree is determined by four factors: the volume of the tree, the grade of the butt log, the potential products it can be turned into, and the current markets for the species. Other valuable species’ include Hard Maple, Hickory, Tulip Poplar, Oak species included in the white/ red families such as Black Oak and Chinkapin Oak, as well as other regional hardwoods. Testing the asking price of a property you are considering for purchase will require you to have some idea of the timber value. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. When land is limited, managers sometimes try to maximize value and growth per acre. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Loblolly Pole Wood. In assessing the grade of a standing tree, a forester must consider both visible and possible invisible defects—some trees that look beautiful while standing are hollow inside; others have mineral stain due to soil composition factors or past livestock grazing. Further up the tree will be number 1 and number 2 common. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. timber and log price information on the web, National Association of State Foresters website, Cooperative State Research, Education, and Extension Service, Michigan State University's Forestry Extension. Most full grown forests of pine and fir will usually run 5 to 7 thousand board feet an acre. Timberland Type. Trees of different grades command widely varying prices. Dollars per acre 27.00 28.33 -4.9 Dollars per AU 45.00 47.20 -4.9 Mississippi Timberland Values Timberland prices from 2017 into 2018 were significantly different between pine timber and hardwood timber tracts. Please contact the Municipal and Property Division with questions at (603) 230-5950. Total Timber Value/Acre The performance of a timber investment is sensitive not only to the productivity of the land, but also timber prices. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. This value can vary widely depending on the species and quality of trees on that acre. 820 Acre Timber & Recreation Property . We make timber harvesting recommendations that consider the unique characteristics of your woods, and address the input and concerns from you, the land owner, above all others. The annual volume growth per year is 200 board feet per acre per year. I have taken ALOT of ... First of all, the lot size you state is actually only 7.89 acres. It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. stumpage value Timber quality Trees of better form and grade bring higher prices Access Tracts easily accessed are preferred, reducing logging costs Location Tracts closer to local sawmills reduce haul costs and boost stumpage value Volume per acre harvested Higher volumes improve production, thus encourage higher timber bids Sitting here in our offices of Research Triangle Park, North Carolina, it would be difficult for us to estimate what your timber or logs are worth. Last fall I bought 1,500 board feet of red fir and 1,500 brd feet of white fir. After the volume of a particular tree, the second most significant factor in the value of a timber stand is species composition. MU Extension economist Ray Massey says the web-based survey considered the average value of three classes of cropland and pasture as of July 2019. Generally speaking, annual real estate taxes range from as low as $3 per acre in some areas of Pennsylvania to as high as $20 per acre in some areas of New York. Statewide pine sawtimber prices averaged $21.01 per ton, up 2% from last period and down 24% from a year ago. The Southern Research Station is one of seven units that make up the U.S. Forest Service Research and Development organization – the most extensive natural resources research organization in the world. University of Georgia Cooperative Extension. If you’re woods has been responsibly timbered in the past, and some time has passed since it was last harvested, you likely have a high number of harvestable timber. Head on over to our Industry Fact Sheet for the scoop on tree identification. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Is there any way that you could give me an approximate selling value of my 2 walnut trees. Red Oak? 47.5 acres of fast-growing 26-year-old Douglas-fir. For each species divide the number of board feet you’ve estimated by 1,000 and multiply this by the appropriate price from our report. Any help you can give me will be greatly appreciated. On the other hand, the fifty year cut will average 4,500 bd ft/acre, and have a stumpage value of approximately $1,000.00/acre ($225.00/1,000 bd ft). On the other hand, the fifty year cut will average 4,500 bd ft/acre, and have a stumpage value of approximately $1,000.00/acre ($225.00/1,000 bd ft). Another strategy is simply to take the mean number for the “All Grades” entry of the table—the larger your woods the more likely this number is to be accurate. The difference in price per 1,000 bd ft between the twenty and fifty year cut is due mainly to two factors - the fifty year cut will produce larger trees requiring less time spent cutting, skidding, loading, and transporting logs to the mill. Timber Sale Query The Department of Natural Resources' (DNR's) Timber Sale Web Search Application helps prospective purchasers identify state timber sales that meet their needs. The numbers in the timber pricing report are per 1,000 board feet. Often, the larger the sale, the higher the price per unit of wood that can be offered. Truly exceptional logs may even be used for veneer. Now that you’ve compiled a list of the trees you think are ready to harvest and determined approximate board footage on each species, you’re ready to get the calculator out. First, you can call on the free or low-cost services of state or university personnel. *Prices shown are based on per ton stumpage price. With an average price of $505,583, the total value of approximately 5,000 acres of timberland recently listed for sale in Iowa is about $22 million. The results of the surveys are calculated and new lists are published every March (covering April 1 - September 30) and September (covering October 1 to March 31). I currently live in a small house on a third of an acre lot and it ... looked at the propery to get an idea of the age of the woods and was quite pleased even though i dont know alot about timber value. What you need to know is that these grades correlate with the quality of the lumber that can be cut from a tree, and therefore the value of said lumber. Accordingly, a timberland investment may cost as much as $45 per acre per year to maintain. To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing. Map 3. For someone selling fifty thousand board feet of Red Oak at $150.00 per thousand board feet, they would have received $7,500.00 for the trees. The first thinning you expect to harvest approximately 21 tons of pulpwood per acre (Table 2). Hunting/recreation land was up $125 to $2,581 per acre (Map 3). Now that you have all this information, you can determine what you can pay for standing timber. You can get to it here Sincerely Pam Berry Sycamore Ohio, I’m thinking about buying some land and using the trees to pay for half of the property. Each thumbnail opens an infographic explaining the most common hardwood species’ found in the Ohio, Indiana and Northern Appalachian regions including their bark, foliage, typical form and other distinguishing characteristics. The more volume you have that is mature and ready for harvest, the higher the sale price will be. The commissioner is responsible each calendar year for providing the tax assessors with the weighted average price paid in pounds and measured volume of softwood and hardwood pulpwood, chip and saw logs, saw timber, poles, and fuel wood. Select five to eight trees within this plot. *Prices shown are based on per ton stumpage price. No intentions of logging it, but if I did what would it be worth? Variables such as distance from the stand to the nearest road, slope, soil wetness, and whether temporary bridges need to be built across streams all can affect operational costs of harvesters and hence what they might be willing to pay to harvest a stand of trees. Yield per acre - Northeast hardwoods Started by Engineer on Forestry and Logging. Both options will be used in examples below. The amount of the credit is 25% of the value of the timber in the buffer, up to $17,500. It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. Alternatively, you can visit the website of the. This 820 acres of timber, meadows, ponds and wildlife is a real gem. Their is a lot of oak trees.but not sure what kind of oak.it’s 125 acres how much do u think I would have to take to do that.I know it’s hard to say with out seeing it but just a rough estimate. Estimated pastureland values per acre for July 2020. The numbers in the timber pricing report are per 1,000 board feet. If you multiply 21 tons by $9.00 per ton, that gives you an estimated $189.00 per-acre revenue from the first thinning. Average pine saw-timber price was $20.53 per ton in Northeast 14 Replies 32024 Views September 25, 2009, 01:47:32 PM by Ron Wenrich : Typical timber/acre value Started by croyer on Ask The Forester. 1 common White Oak (425 for Spring of 2012 and 482 in the Fall) by 10 (10,000 board feet divided by 1,000). Contact TMS directly for 3Q2020 reports or news Last updated: 9 Oct 2020, Next update: 18 Jan 2021 Timber Mart-South provided by the Center for Forest Business, Warnell School of Forest Resources, University of Georgia. For example, based on the Summer/2012-NYSDEC price report for stumpage (standing trees) the value per thousand board feet of Red Oak sold, ranged from a low price of $150.00 to a high price of $940.00. The following North Carolina standing timber price information is reported on a quarterly basis for North Carolina. This site uses Akismet to reduce spam. Previous Timber Price Reports. Value of standing timber per acre. The prices quoted on the tables are per ton. Estimated timber and hunting/recreation land values per acre for July 2020. Price per thousand board feet > multiply reported price by 7.5. Though part of the proper stewardship of a forest involves continual assessment of the health and maturity of the trees, for non-professionals with large stands of timber the task can be daunting. Survey respondents rated good irrigated cropland at $6,148 per acre, $634 more per acre than last year. Future volumes can be estimated using information on local growth rates. Second, you can contact a professional forestry consultant. Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. For each species divide the number of board feet you’ve estimated by 1,000 and multiply this by the appropriate price from our report. A tree without limbs for the first 16 feet will likely produce two 8 foot prime logs. A timber sale in which a certain amount is paid for each unit of product cut (for example, so many dollars per 1,000 board feet, per cord or per post). ... preparation and regeneration will occur in year 0 at a cost of $80 per acre. 820 Acre Timber & Recreation Property - $1,179,000. Bare land value is $300 per acre and all of one average site quality, based on extrapolations from A. Pleasonton 11 and J.E. The prices quoted on the tables are per ton. Current timber stumpage prices for pulpwood are $9.00 per ton (Table 1). (877) 494.1175 731 Market Street | 6th floor San Francisco, CA 94103 firstname.lastname@example.org Since you may not be able to realize the income from timer for a number of years, it generally needs to be viewed as a long term investment and in the mean time appreciated for its aesthetic value. and "What's the best way to sell my trees?" Active forest management can address forest health problems and increase growth rates driven by species composition or forest-stocking conditions. These reports provide volume and trees per acre by species, sort, grade, age, along with other information. The main factor assigning the different grades is the number and size lower limbs on the standing tree. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. Call or email us today for a hassle free assessment of your standing timber! This is because the greater the harvest, the less expensive it will be per tree. The good news is that the our region produces some of the best hardwood timber in the world—if you have a mature woods in this part of the country, it certainly has some real value. Use a Woodland Stick, a four-sided stick used for measuring timber volume in the Pacific Northwest, to determine the diameter of the tree at breast height (DBH), or 4 ½ feet from the ground on the uphill side. If a mill offers to pay you $500 per thousand for red oak grade logs. Press calculate to get the tree value and multiply that number by the number of trees in the woodlot to get a total timber value. Often, the larger the sale the higher the price per unit of wood. On the other hand, timber values can range from $500 to $3,000 per acre, and in some cases in excess of $5,000 per acre is not unusual. Stumpage values are calculated two times per year with a survey completed by local foresters. Hardwood – to convert price per ton to: Price per cord > multiply reported price by 2.90. Prices are based on an average calculated from a sample of timber buyers across the U.S., and only intended to provide an estimate of trends and current prices. Using the second strategy from the paragraph above you would multiply 10 by the “All Grades” mean value of 567, equaling $5,670. Example of average value: 50 acres harvested; $50,000 paid for the timber on the 50 acres; $1000 average price per acre; 5 acres Riparian Buffer retained; $5000 total value of timber retained in buffer if no cutting takes place in buffer. These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. Timber pricing involves appraising the value of timber, setting stumpage rates, measuring the timber and billing for stumpage and forecasting forest revenue. The timeframe for the tool is the current month plus the next two months. Timber harvesting is an integral part of forest management. Find Forestry Consultants. Like thinnings, clearcut values per acre for timber in the higher-value age classes all decreased in 2019, also a sign that supply outstripped demand. The black walnut is 7ft around at chest height & the English is 8ft around at chest height and they are both about 10ft from the ground to the first knot or limb & are probably about 50ft high. While the trees themselves mature and provide you with money, you're also going to have your land value increase. $5000 total value of timber retained in buffer if no cutting takes place in buffer. This drastic difference in possible uses explains why some logs are worth so much while others would be better used for firewood than lumber. Timberland was up $251 to $2,561 per acre. You may also consider investing in a paperback field guide, readily available for under $10 at your local bookstore. There is roughly 77,000 acres of timberland for sale in South Carolina based on recent Lands of America data. If you need some help deciphering the species of the trees in your woods, take a look at the gallery below. 75 acre property of mixed use residential, recreational, timberland located in Munfordville, KY 42765 the property is perfect for a weekend getaway or home site. Here are some price ranges from this fall for some SE NC timber, but again, it would depend on the market and your particular trees and land: Pine Pulpwood $10.05 to $10.85 per ton Pine Sawtimber Blend $17.00 to $18.39 per ton Hardwood Pulpwood $5.35 to $7.85 per ton Hardwood Misc Sawtimber $21.15 to $34.00 per ton A stand might be scheduled for harvest when it no longer produces, for example, 500 board feet (or its economic equivalent, depending on markets, say $60) per acre per year. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. For each species prices are listed for prime logs, number 1 common, number 2 common, blocking with an average for all the different grades combined at the bottom of each section. Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. This is .05 of an acre. However, you can get a good idea of the range of possible values for your standing timber. Pine prices in PA are down around 7 cents per board foot. Decreasing timber prices are likely the result of the oversupply of timber dating back to the Great Recession, slack demand, and market uncertainty related to the pandemic. It also relies on the amount of timber sold in a single sale, as well as the type of harvesting done. Has not been touched in about 43 years or so. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done.
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