Higher costs translate into lower prices offered. Timberland was up $251 to $2,561 per acre. Contact TMS directly for 3Q2020 reports or news Last updated: 9 Oct 2020, Next update: 18 Jan 2021 First, timber is much like baseball cards or more broadly any commodity with a value to someone else. This 820 acres of timber, meadows, ponds and wildlife is a real gem. Like thinnings, clearcut values per acre for timber in the higher-value age classes all decreased in 2019, also a sign that supply outstripped demand. Alabama State-wide Average Stumpage Prices - US$ per ton; Source: TimberMart-South See also sample Summary Report and State Report (also in PDF format). 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). Actual prices may vary. Just bought 10 acres of forest land. 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. This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are 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. 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. 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. 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. Advertise Here. This information is made possible through an agreement with Timber Mart-South. 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. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. Timber Works explains every step of both the assessment and the logging processes along the way. If a mill offers to pay you $500 per thousand for red oak grade logs. 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. 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 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. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. 820 Acre Timber & Recreation Property . Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Similar documents are produced by most state university agricultural departments and/or by the department of natural resources in your region. 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. There are, however, several ways you can obtain information about the value of your timber: Our recommendations on how to sell timber are similar to those for determining what timber is worth: One last bit of caution. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. A tree without limbs for the first 16 feet will likely produce two 8 foot prime logs. Bare land value is $300 per acre and all of one average site quality, based on extrapolations from A. Pleasonton 11 and J.E. Timber value per acre can be between $500 and $5,000, but this depends on the growth of the trees themselves. 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. Has not been touched in about 43 years or so. Cost approach: If there isn’t sufficient market activity in your area to use the sales comparison approach, the cost approach is … Two ways to look at forest value growth are value growth per acre and value growth percent. A pinestraw raking schedule of every 2-3 years can generate $100-$200 of income per acre. Dru Preston Forest Utilization Specialist Phone: (478) 751-1746 Email: dpreston@gfc.state.ga.us. These deficits, indiscernible while the tree stands, will negatively impact the value of your timber and are often difficult to discern. 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. 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. ... the average volume of timber per acre, etc.). Read this first. Two ways to look at forest value growth are value growth per acre and value growth percent. 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. One way to locate these foresters is by visiting the. You may also consider investing in a paperback field guide, readily available for under $10 at your local bookstore. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Any help you can give me will be greatly appreciated. One estimate of its value can be found by multiplying the mean reported for no. 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 more volume you have that is mature and ready for harvest, the higher the sale price will be. Yield per acre - Northeast hardwoods Started by Engineer on Forestry and Logging. Learn More. Often, the larger the sale, the higher the price per unit of wood that can be offered. This type of sale requires the harvested products to be measured (foresters call this scaling). 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. Wondering about the possibility of selling individual trees from your yard or small acreage tract? Hunting/recreation land was up $125 to $2,581 per acre (Map 3). The data in not interpolated or manipulated; it is given to clients in standardized cruise reports (e.g., SuperAce cruise reports). Similarly, property management costs can range from $5 per acre to as high as $25 per acre or more. Alternatively, you can visit the website of the. Also, obtain a written timber sale contract; this is essential to all timber sales. Looking for the old Georgia prices page? 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. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Statewide pine sawtimber prices averaged $21.01 per ton, up 2% from last period and down 24% from a year ago. 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. 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 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. 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. Click here for more information about logging and timber buying from the professionals at Timber Works. Annual management costs and property taxes will be $1.50 per acre. 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. Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. Management costs per acre range from $5 to $45, so you’re sure to make your money back on your investment. Please contact the Municipal and Property Division with questions at (603) 230-5950. Since timber is sold by the board foot (a volume measurement equal to 144 cubic inches), the board footage you harvest is the single most important factor in estimating the value of your standing timber. Previous Timber Price Reports. When You look at this sheet you’ll notice grades along the left column. Active forest management can address forest health problems and increase growth rates driven by species composition or forest-stocking conditions. Stumpage values are calculated two times per year with a survey completed by local foresters. 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. In contrast I once sold a stand of big walnut trees that brought $6,000 per acre. 47.5 acres of fast-growing 26-year-old Douglas-fir. 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. 820 Acre Timber & Recreation Property - $1,179,000. In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. 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. Find Forestry Consultants. 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. 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 … Carlisle (60 ac) Carlisle (60 ac) - $232,200. Hardwood – to convert price per ton to: Price per cord > multiply reported price by 2.90. 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. Landowners can improve stand quality and reallocate stand growth by using appropriate silvicultural practices such as intermediate thinnings, timber-stand i… Georgia Forestry Commission Listing of Consulting Foresters. This is because the greater the harvest, the less expensive it will be per tree. 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. You see, each tree will produce several different grades of logs, the quality of which declines proportionately up the trunk toward the canopy. Some are straight and limbless for long spans while others are crooked and have many limbs in the first 8 feet. A large, top quality black cherry, for example, would command a significant price premium as a veneer log, while limby and crooked sweetgum might be priced as pulpwood. In general hardwoods tend to be more valuable than softwoods though this is not because they are necessarily actually more dense. 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. 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. Annual costs, then, are $4,500 and net annual revenue is $48,000. This is for at least five possible reasons. If you multiply 21 tons by $9.00 per ton, that gives you an estimated $189.00 per-acre revenue from the first thinning. Contact for Timber Price Information. Often, the larger the sale, the higher the price per unit of wood that can be offered. Call or email us today for a hassle free assessment of your standing timber! Repeat this process for each species you have tallied and you should have a ball park estimate of what your timber is worth. 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. *Prices shown are based on per ton stumpage price. This annual publications lists, by regions of the state, the mean, median and range of prices for various grades of the most commonly sold hardwood tree species’ in our state. The Stumpage Price Report is published semi-annually and reports the prices paid for standing timber during the previous six months. 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. When land is limited, managers sometimes try to maximize value and growth per acre. Current commercial applications for commercial property for sale in Iowa include for commercial, hunting/fishing and agriculture use. Using the second strategy from the paragraph above you would multiply 10 by the “All Grades” mean value of 567, equaling $5,670. There are even possible defects such as hollow centers or mineral stain that are often impossible to detect while a given tree is still standing. This is where the process gets a bit complicated. The vast majority of “timber cruises” are these. White Oak? You can get to it here 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. This value can vary widely depending on the species and quality of trees on that acre. Timber prices were roughly 40 percent higher than they are today, and timberland was selling for about $700 per acre. 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. University of Georgia Cooperative Extension. The species composition of your woods is going to depend mostly on where in the world you are. 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. While timber can add significant value to a property, unfortunately, it’s not as easy to quantify as tillable land income. This value can vary widely depending on the species and quality of trees on that acre. 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. Timberland Type. 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). This is a number that varies with the age-class distribution of the property and commonly ranges between 30% and 70%. Click here for more information about logging and timber buying from the professionals at Timber Works. In Alabama, standing timber can be worth as much as $3,000 per acre. Estimated pastureland values per acre for July 2020. Select five to eight trees within this plot. 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). For this reason, within a given species, there is potentially a very wide range of values. Learn how your comment data is processed. $5000 total value of timber retained in buffer if no cutting takes place in buffer. *Prices shown are based on per ton stumpage price. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Timber 3. 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. Fourth, what a timber buyer will pay for your trees depends on the conditions of the site in which they are growing, which affects how expensive it is to remove them and haul them to a mill. Further up the tree will be number 1 and number 2 common. 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. Doing this due diligence will prevent you from paying too much for a piece of timber. Conversely, it's usually more costly to cut down just a … Head on over to our Industry Fact Sheet for the scoop on tree identification. Timber pricing involves appraising the value of timber, setting stumpage rates, measuring the timber and billing for stumpage and forecasting forest revenue. This resource provides south-wide average prices. The following North Carolina standing timber price information is reported on a quarterly basis for North Carolina. First, you can call on the free or low-cost services of state or university personnel. and "What's the best way to sell my trees?" Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. 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 first thinning you expect to harvest approximately 21 tons of pulpwood per acre (Table 2). The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. 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 – … "Timber buyers routinely purchase tracts of five acres or less." Trees of different grades command widely varying prices. In this case, the annual growth period is 5 years. Below we talk about how to answer these questions. COVID-19 Safety Related Requirements Associated with Tree Planting . After the volume of a particular tree, the second most significant factor in the value of a timber stand is species composition. 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. Truly exceptional logs may even be used for veneer. Often, the larger the sale the higher the price per unit of wood. Average pine saw-timber price was $20.53 per ton in Northeast (877) 494.1175 731 Market Street | 6th floor San Francisco, CA 94103 acrevalue@granular.ag If you need some help deciphering the species of the trees in your woods, take a look at the gallery below. Often, the larger the sale, the higher the price per unit of wood that can be offered. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. The study shows averages of $5,421 per acre for good nonirrigated cropland. With an average price of $641,677, the overall market value is approximately $272 million. Timber harvesting is an integral part of forest management. I have taken ALOT of ... First of all, the lot size you state is actually only 7.89 acres. And, a property that looks clear cut along the road may have excellent timber on the back side across the creek. 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. 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. 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). The timeframe for the tool is the current month plus the next two months. Red Oak? By contrast number 2 common logs are destined to become railroad ties and pallets. Estimated timber and hunting/recreation land values per acre for July 2020. While the trees themselves mature and provide you with money, you're also going to have your land value increase. Future volumes can be estimated using information on local growth rates. Price per thousand board feet > multiply reported price by 8.75 . Let’s say you estimate the volume of your stand of mature White Oak to equal 10,000 board feet. 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. This is .05 of an acre. 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