Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Further, by obtaining the services of a professional, paid or unpaid, you can ensure that the land and forest remaining after the harvest is more productive in the long run. Still, no timber harvest will contain only prime logs, so for estimation purposes you will likely get a more accurate estimate with average numbers verses the high end values. However, you can get a good idea of the range of possible values for your standing timber. 1 common White Oak (425 for Spring of 2012 and 482 in the Fall) by 10 (10,000 board feet divided by 1,000). Wondering about the possibility of selling individual trees from your yard or small acreage tract? Estimated pastureland values per acre for July 2020. In Alabama, standing timber can be worth as much as $3,000 per acre. The following North Carolina standing timber price information is reported on a quarterly basis for North Carolina. Timber marketing and management standards indicate that timber prices by product category do change relative to each other as supply and demand dynamics dictate. The more mature trees you have, the more likely it is that your timber is ready for harvest. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. No intentions of logging it, but if I did what would it be worth? 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. though this is not because they are necessarily actually more dense. It will also help you to present a competitive bid on a high-value logging job. Timber Mart-South provided by the Center for Forest Business, Warnell School of Forest Resources, University of Georgia. This is .05 of an acre. Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. This type of sale requires the harvested products to be measured (foresters call this scaling). 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. Below we talk about how to answer these questions. Timber values may fluctuate wildly based on the species being harvested, their quality, their volume per acre and per tree, the distance to markets, logging difficulty level, time of year, contract restrictions, as well as current market conditions. In this case, the annual growth period is 5 years. Price per thousand board feet > multiply reported price by 8.75 . Has not been touched in about 43 years or so. These reports provide volume and trees per acre by species, sort, grade, age, along with other information. 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. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. *Prices shown are based on per ton stumpage price. Contact TMS directly for 3Q2020 reports or news Last updated: 9 Oct 2020, Next update: 18 Jan 2021 The main factor assigning the different grades is the number and size lower limbs on the standing tree. 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 I have taken ALOT of ... First of all, the lot size you state is actually only 7.89 acres. Grown forward to 2011 at the 3.5% per annum rate, timberland would be at $1,214 per acre. Cost approach: If there isn’t sufficient market activity in your area to use the sales comparison approach, the cost approach is … Estimating tree volume is explained fully in this blog article. Further up the tree will be number 1 and number 2 common. The species composition of your woods is going to depend mostly on where in the world you are. The prices quoted on the tables are per ton. de Steiguer 12 for rural southern timberlands. Timberland type also plays a significant role in the total tons per acre at harvest. Reports Forestry Reports Louisiana Timber and Pulpwood Production Report. 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. You see, each tree will produce several different grades of logs, the quality of which declines proportionately up the trunk toward the canopy. 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. 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. Not every tree is created equal. These deficits, indiscernible while the tree stands, will negatively impact the value of your timber and are often difficult to discern. "Timber buyers routinely purchase tracts of five acres or less." Carlisle (60 ac) Carlisle (60 ac) - $232,200. One estimate of its value can be found by multiplying the mean reported for no. This is for at least five possible reasons. The numbers in the timber pricing report are per 1,000 board feet. The first thinning you expect to harvest approximately 21 tons of pulpwood per acre (Table 2). *Prices shown are based on per ton stumpage price. 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. 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. After you know what tree(s) you have, click here to head on over to our blog post on estimating standing timber volume. Learn More. Conversely, it's usually more costly to cut down just a … The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. 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. $5000 total value of timber retained in buffer if no cutting takes place in buffer. First, timber is much like baseball cards or more broadly any commodity with a value to someone else. Thinning values per acre for CNS and small sawtimber in the 16-25 age classes were up in 2018 but dropped markedly in 2019—a sign that supply of these products outpaced demand in that year. The Stumpage Price Report is published semi-annually and reports the prices paid for standing timber during the previous six months. 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. We assume we will grow 7 tons of wood per acre per year which falls in the middle of the range shown in Table 3. 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. 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. This 820 acres of timber, meadows, ponds and wildlife is a real gem. Representative Price Ranges for Northern Michigan Hardwood Stumpage 2004-05 Species Pulpwood price per cord Sawtimber price per thousand board feet (MBF) Sawtimber price trend Ash 9 - 18 95 – 110 Steady Aspen 20 - 45 65 – 100 Upward Basswood 5 - 10 105 – … 820 Acre Timber & Recreation Property - $1,179,000. Similar documents are produced by most state university agricultural departments and/or by the department of natural resources in your region. Prime grade logs will produce mostly FAS lumber (the highest grade) that is well suited for furniture and cabinets. First, you can call on the free or low-cost services of state or university personnel. 14 Replies 1239 Views February 18, … The Louisiana Timber and Pulpwood Production Report, published by the Louisiana Department of Agriculture and Forestry – Office of Forestry, is an annual report of total forest products severed and tax receipts received by parish and species plus estimated stumpage values. 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). 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. While the trees themselves mature and provide you with money, you're also going to have your land value increase. For this, we turn to The Ohio State University’s Stumpage Price Report. Advertise Here. The prices quoted on the tables are per ton. Timberland Type. Average pine saw-timber price was $20.53 per ton in Northeast 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. And, a property that looks clear cut along the road may have excellent timber on the back side across the creek. 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. Alternatively, you can visit the website of the. Truly exceptional logs may even be used for veneer. Local and statewide timber market reports can provide an idea of the level and trends of prices, however, the question what is my timber worth is based mainly on the demand which drives what someone is willing to pay for it. 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. There is roughly 77,000 acres of timberland for sale in South Carolina based on recent Lands of America data. Most full grown forests of pine and fir will usually run 5 to 7 thousand board feet an acre. 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. Often, the larger the sale the higher the price per unit of wood. I have marked timber on land that has nothing but pulpwood where the value was around $60 per acre. Read this first. 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. Similarly, property management costs can range from $5 per acre to as high as $25 per acre or more. When You look at this sheet you’ll notice grades along the left column. Head on over to our Industry Fact Sheet for the scoop on tree identification. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber… If the buffer is partially harvested, the total value of the timber in the buffer is half of the per acre value established for the tract. While prices change over time due to market trends, the highest value timber in the Ohio, Indiana and Northern Appalachian region is consistently Black Walnut, followed by White Oak. Active forest management can address forest health problems and increase growth rates driven by species composition or forest-stocking conditions. The price report provides state-wide, average standing timber prices for pine, oak, and mixed hardwood sawtimber, pine chip-n-saw, and pine and hardwood pulpwood. 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. Higher costs translate into lower prices offered. 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