Whether you own a small parcel of land or several acres, it’s important to know the value of your property. According to the timberland appraisal specialists at Neeley Forestry Services in Camden, AR, this is especially true if you own a lumber company, as the valuation could impact market prices, production schedules, and additional aspects of business operations. Below, the staff at Ouachita County’s premier timberland appraisal firm shares the benefits to be gained with a land valuation report. 

Why You Should Know the Value of Your Land

1. Pique Interest From Capital Investors

During the valuation, the timber appraisal specialist can determine how your land relates to the world market and production economy. If you are growing your business, a high appraisal could generate interest from capital investors to help you further your company’s objective.

2. Raise Timber Prices

During the land appraisal, a trained specialist will assess the market value of the property, taking into account the condition and quantity of trees on the land. With a high valuation report, your assets could become more desirable to builders, contractors, homeowners, and other potential buyers. With this knowledge, you could raise the selling price of your timber inventory. 

3. Better Negotiation Leverage During Land Sales

Often, the value of a piece of land might not be reflected in its market price. If you ever plan to sell the property, having a timberland appraisal will let you know exactly how much money the land is worth. You can use this information to raise the asking price during the negotiation phase of the transaction. 

For meticulous, accurate timberland appraisals, contact Neeley Forestry Services for assistance. They will provide a detailed report and let you know the true value of your investment. To learn more about appraisal services available in the Camden area, visit the company online or call (870) 836-5981 for details. Visit them on Facebook for up-to-date news and information.