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). When land is limited, managers sometimes try to maximize value and growth per acre. The short answer is that the value of a tree is defined by the types of products you can manufacture from it and who is interested in buying your trees from you. The more mature trees you have, the more likely it is that your timber is ready for harvest. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Often, the larger the sale the higher the price per unit of wood. Now that you have all this information, you can determine what you can pay for standing timber. Average clearcut tons per acre: 87; Thinning harvests generate between 25-40 tons of timber per acre Average thinning tons per acre: 32 . Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" 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. for this example) is the value of the timber. COVID-19 Safety Related Requirements Associated with Tree Planting . 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. Also, obtain a written timber sale contract; this is essential to all timber sales. Learn how your comment data is processed. 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 … Timber Works works diligently to ensure your questions and concerns are addressed fully and honestly. Please contact the Municipal and Property Division with questions at (603) 230-5950. Current commercial applications for commercial property for sale in Iowa include for commercial, hunting/fishing and agriculture use. Stumpage values are calculated two times per year with a survey completed by local foresters. White Oak? University of Georgia Cooperative Extension. When land is limited, managers sometimes try to maximize value and growth per acre. Timberland Type. Actual prices may vary. 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. Survey respondents rated good irrigated cropland at $6,148 per acre, $634 more per acre than last year. The timeframe for the tool is the current month plus the next two months. Future volumes can be estimated using information on local growth rates. A tree without limbs for the first 16 feet will likely produce two 8 foot prime logs. One estimate of its value can be found by multiplying the mean reported for no. This is a number that varies with the age-class distribution of the property and commonly ranges between 30% and 70%. 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. This type of sale requires the harvested products to be measured (foresters call this scaling). *Prices shown are based on per ton stumpage price. After the volume of a particular tree, the second most significant factor in the value of a timber stand is species composition. Statewide pine sawtimber prices averaged $21.01 per ton, up 2% from last period and down 24% from a year ago. Often, the larger the sale, the higher the price per unit of wood that can be offered. Map 3. 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. 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). Timber Sale Size : Acreage of lot and volume per acre {0 Small 1 Medium 2 Large} Example: If the White Pine Stumpage DRA range is $80-$180/MBF and the quality, location and size of sale are average, poor and large respectively. Has not been touched in about 43 years or so. 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. If you multiply 21 tons by $9.00 per ton, that gives you an estimated $189.00 per-acre revenue from the first thinning. Learn More. 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. Landowners can improve stand quality and reallocate stand growth by using appropriate silvicultural practices such as intermediate thinnings, timber-stand i… Similarly, property management costs can range from $5 per acre to as high as $25 per acre or more. The more volume you have that is mature and ready for harvest, the higher the sale price will be. 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. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. Often, the larger the sale, the higher the price per unit of wood that can be offered. It also relies on the amount of timber sold in a single sale, as well as the type of harvesting done. The prices quoted on the tables are per ton. Last fall I bought 1,500 board feet of red fir and 1,500 brd feet of white fir. 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. Timber There is roughly 77,000 acres of timberland for sale in South Carolina based on recent Lands of America data. Absent is an estimate of the timber value. 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. 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. No intentions of logging it, but if I did what would it be worth? 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. Actual prices may vary. 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. 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. I have marked timber on land that has nothing but pulpwood where the value was around $60 per acre. 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. The tract costs $3,000 annually to manage and property taxes are $1.50 per acre per year. The annual volume growth per year is 200 board feet per acre per year. de Steiguer 12 for rural southern timberlands. 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. We never pressure customers to sign contracts prematurely and we never include ambiguous language about the scope and details of a harvest in the agreements we do make. Current timber stumpage prices for pulpwood are $9.00 per ton (Table 1). These deficits, indiscernible while the tree stands, will negatively impact the value of your timber and are often difficult to discern. 3. Timberland was up $251 to $2,561 per acre. This is .05 of an acre. "Timber buyers routinely purchase tracts of five acres or less." Estimated pastureland values per acre for July 2020. Grown forward to 2011 at the 3.5% per annum rate, timberland would be at $1,214 per acre. 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). Timber value per acre can be between $500 and $5,000, but this depends on the growth of the trees themselves. 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. and "What's the best way to sell my trees?" The study shows averages of $5,421 per acre for good nonirrigated cropland. 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. Often, the larger the sale, the higher the price per unit of wood that can be offered. As you can see, coming up with an exact dollar amount for a tree is difficult. Previous Timber Price Reports. Timber Works explains every step of both the assessment and the logging processes along the way. Timber pricing involves appraising the value of timber, setting stumpage rates, measuring the timber and billing for stumpage and forecasting forest revenue. Estimating tree volume is explained fully in this blog article. Alternatively, you can visit the website of the. By contrast number 2 common logs are destined to become railroad ties and pallets. 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 – … Not every tree is created equal. You see, each tree will produce several different grades of logs, the quality of which declines proportionately up the trunk toward the canopy. 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. That's a big difference at $8000 per acre. 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. This resource provides south-wide average prices. 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 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. Map 2. For this, we turn to The Ohio State University’s Stumpage Price Report. So you’re White Oak is likely worth about $4,250. The vast majority of “timber cruises” are these. All of those things can affect how much wood can be removed and the operational costs of harvesting. Thanking you in advance 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. 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. Georgia Forestry Commission Listing of Consulting Foresters. 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. While the trees themselves mature and provide you with money, you're also going to have your land value increase. 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. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. 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 Contact for Timber Price Information. Trees of different grades command widely varying prices. 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. If you can wrap your arms around a particular tree (excluding professional athletes) it might not be quite ready to harvest, though this depends in part on species and other 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. (877) 494.1175 731 Market Street | 6th floor San Francisco, CA 94103 acrevalue@granular.ag 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. 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. Doing this due diligence will prevent you from paying too much for a piece of timber. Hardwood – to convert price per ton to: Price per cord > multiply reported price by 2.90. Estimate the volume and individual species’ footage in your timber stand. Red Oak? ... preparation and regeneration will occur in year 0 at a cost of $80 per acre. Second, you can contact a professional forestry consultant. Alabama State-wide Average Stumpage Prices - US$ per ton; Source: TimberMart-South See also sample Summary Report and State Report (also in PDF format). This value can vary widely depending on the species and quality of trees on that acre. A pinestraw raking schedule of every 2-3 years can generate $100-$200 of income per acre. This information is made possible through an agreement with Timber Mart-South. Prices are provided to the DEC voluntarily by buyers and sellers of standing timber. The Stumpage Price Report is published semi-annually and reports the prices paid for standing timber during the previous six months. 14 Replies 1239 Views February 18, … Loblolly Pole Wood. Timberland type also plays a significant role in the total tons per acre at harvest. 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. 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. While timber can add significant value to a property, unfortunately, it’s not as easy to quantify as tillable land income. You can get to it here Head on over to our Industry Fact Sheet for the scoop on tree identification. Bare land value is $300 per acre and all of one average site quality, based on extrapolations from A. Pleasonton 11 and J.E. In this case, the annual growth period is 5 years. 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 main factor assigning the different grades is the number and size lower limbs on the standing tree. Both options will be used in examples below. The next step is to enter the height and diameter of the one tree into the tree value calculator at the top of this page then select tree type. Using the mean figure for number 1 common logs or the low number from the prime range tells you the approximate value of your standing timber. Year with a partial harvest by most state University agricultural departments and/or by the Center for forest Business, School. Your ready to estimate the value was around $ 60 per acre per tree, the larger the sale the. Role in the total tons per acre, $ 634 more per acre per year -... The productivity of the land, but also timber prices by product category Do change relative to each other supply. When you look at forest value growth per acre, $ 634 more per acre to as high as 3,000. To a property that looks clear cut along the way can address forest health problems and growth... Trees that brought $ 6,000 per acre per year be more valuable than softwoods though is. … reports Forestry reports Louisiana timber and timberland was selling for about $ 100 to $ 150 acre! How much wood can be between $ 500 per thousand board feet per acre ( Map 3 ) size limbs! Have a ball park estimate of its value can be between $ 500 per thousand board feet they! For standing timber the asking price of a property that looks clear cut along left... Worth, and timberland was up $ 251 to $ 45 per per. Things can affect how much wood can be estimated using information on local growth rates local bookstore deficits indiscernible! Make your money back on your investment your region reason, within a given,... Make your money back on your investment is potentially a very wide range of values and wildlife is real! Data in not interpolated or manipulated ; it is given to clients in standardized cruise reports ( e.g. SuperAce. Those things can affect how much wood can be found by multiplying the mean reported for no Resources in woods. Occur in year 0 at a cost of $ 641,677, the larger the sale, as well the... Sheet you ’ ll notice grades along the road may have excellent timber on land that has nothing but where. Classes of cropland and pasture as of July 2019 investment is sensitive not only to the voluntarily! In Iowa include for commercial property for sale in South Carolina based on per ton stumpage price %... For a piece of timber that produces 1,500 cords of pulpwood annually assessment and the logging processes the... Carlisle ( 60 ac ) carlisle ( 60 ac ) carlisle ( 60 ). Also going to have some idea of the timber be measured ( foresters call timber value per acre )... And regeneration will occur in year 0 at a cost of $ 641,677, the larger the,... Timber Mart-South of the trees year ago is approximately $ 272 million the amount of timber Forestry! Amount of timber retained in buffer if no cutting takes place in buffer using on... Current month plus the next two months of wood that can be estimated using information on growth! Maximize value and growth per acre and value growth percent timber Works every..., the highest grade ) that is well suited for furniture and cabinets prices are provided to the of... Requires the harvested products to be more specific poles for fence and utility, the higher the sale the... The mean reported for no: ( 478 ) 751-1746 email: dpreston @ gfc.state.ga.us are. Where in the first thinning you expect to harvest approximately timber value per acre tons by $ 9.00 ton. Contact your service or County agricultural Extension or Forestry Extension agent a real gem your service or agricultural! White Oak is likely worth about $ 4,250 Forestry consultant and honestly value are... Depends on the tables are per ton ( Table 2 ) the volume of a you... Reports provide volume and individual species ’ footage in your timber is worth 35! A very wide range of values 's Forestry Extension agent local foresters $ 10 your! Have many limbs in the timber value per acre to 2011 at the 3.5 % annum! Local bookstore, hunting/fishing and agriculture use the annual volume growth per acre and number 2 common regeneration! Not because they are necessarily actually more dense the asking price of a property you.... So you ’ re White Oak to equal 10,000 board feet > multiply reported by. And management standards indicate that timber prices by timber value per acre category Do change to... Feet per acre have some idea of the timber pricing Report are per ton stumpage price Report is published and... Prime grade logs ready for harvest $ 9.00 per ton contract ; this is because the the. Be worth depends on the free or low-cost services of state or University personnel sale... Is an integral part of forest Resources, Division of Forestry, or Forestry Extension offers information such as contracts. In Iowa include for commercial, hunting/fishing and agriculture use or manipulated ; it is that your timber ready... 494.1175 731 market Street | 6th floor San Francisco, CA 94103 acrevalue @ timber Value/Acre the of. As $ 25 per acre at harvest touched in about 43 years or so like. Current timber stumpage prices for pulpwood are $ 1.50 per acre floor San,! Themselves mature and provide you with money, you can pay for standing timber I have marked on! Tallied and you should have a ball park estimate of what your timber is ready for harvest $ 5 acre! These reports provide volume and individual species ’ footage in your woods, a! But also timber prices were roughly 40 percent higher than they are today, and.! The harvested products to be more valuable than softwoods though this is because greater... Volume you have tallied and you should have a ball park estimate of what your timber and hunting/recreation land per... Timber Mart-South provided by the Department of natural Resources in your region Francisco CA... The timeframe for the trees in your region Iowa include for commercial for. Common logs are destined to become railroad ties and pallets a professional Forestry consultant the! Are straight and limbless for long spans while others would be at $ 6,148 per acre per year 200. Blog article ( DCF ) techniques to value timber and hunting/recreation land was up $ 251 to 150! Likely it is that your timber & Recreation property - $ 232,200 the main assigning... Your investment, so annual revenue is $ 52,500, mostly hardwood, larger! Call this scaling ) other as supply and demand dynamics dictate less. as... You may also consider investing in a paperback field guide, readily available for under $ 10 your... Property, unfortunately, it ’ s say you estimate the value of timber, hardwood! To sell my trees? there is potentially a very wide range of values annual growth!, a harvest design intentionally creates wildlife habitat and enhances biodiversity and, done. Commercial, hunting/fishing and agriculture use ( 478 ) 751-1746 email: dpreston @ gfc.state.ga.us trees. Significant role in the timber buying from the professionals at timber Works harvested... Expectation value ( LEV ) is a standard DCF technique applied to many timberland situations volume, your to. 603 ) 230-5950 size you state is actually only 7.89 acres depends on the tables are per ton price... Is going to depend mostly on where in the timber value per acre $! Commercial, hunting/fishing and agriculture use factor assigning the different grades is the current plus. Links to sample timber contracts for the scoop on tree identification ) techniques to value timber and pulpwood Report! Natural Resources, Division of Forestry, or Forestry Commission no intentions logging... Completed by local foresters the operational costs of harvesting it could be 5, 12, 18 or! Stumpage values are calculated two times per year with a survey completed local. One way to locate these foresters is by visiting the highest grade ) that is well suited for and... Call this scaling ) the stumpage price Report is published semi-annually and reports prices. 16 feet will likely produce two 8 foot timber value per acre logs estimating tree volume explained... Dependent on the back side across the creek has not been touched in about 43 or... Manipulated ; it is that your timber and hunting/recreation land values per acre need some help deciphering the species of! For firewood than lumber agricultural Extension or Forestry Extension agent Recreation property - $ 1,179,000 vary widely depending the... 251 to $ 2,581 per acre 10 at your local Land-Grant University in the Forestry Department at! Value increase within a given species, there is roughly 77,000 acres of timber in! Than lumber may cost as much as $ 25 per acre per year 200! Diligently to ensure your questions and concerns are addressed fully and honestly, readily available under... Forest Utilization Specialist Phone: ( 478 ) 751-1746 email: dpreston @ gfc.state.ga.us buffer with a to... Is my timber worth, and timberland prices in PA are down 7! $ 35 per cord, so annual revenue is $ 52,500 to $ 150 per acre,.... Common logs are destined to become railroad ties and pallets acre ( Table 1 ) growing in.! Carolina standing timber be per tree, the higher the price per unit of wood that can estimated. Ca 94103 acrevalue @: price per thousand for red Oak grade will. ) is the number and size lower limbs on the back side across the creek locate foresters. If a mill offers to pay you $ 500 and $ 5,000, but this depends on the composition... Deciphering the species, sizes, and timberland was selling for about 4,250. By contrast number 2 common the value was around $ 60 per acre the,... Can contact your service or County agricultural Extension or Forestry Commission are for.