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Timber Appraisals
What is a timber
appraisal? A timber appraisal is done to provide the landowner with an estimate of what
their timber is worth at the present time and present market conditions. A
timber inventory must first be completed to determine the timber volumes on the
tract. After the inventory is completed we begin looking for comparable sales
information. A “comparable” is a tract of timber recently sold that is similar
in species composition, location, and size to the tract of timber that is being
appraised. We use data from comparable past timber sales we have handled. Then
these comparables are analyzed to determine which is the most similar to the
tract being appraised. Then prices of the most similar tract are applied to the
volumes from the timber inventory. All this data is accumulated to provide the land owner with a
detailed report of our findings which includes a stand map delineating the
different forest cover types on the property, the volumes of all the
merchantable species and products on the property, and the values of each of the
merchantable products on the property. Our expertise and experience allows us
to produce a highly accurate timber appraisal. Reasons for Conducting a Timber
Appraisal:
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Copyright © 2005
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