Landowners should understand what factors affect a timber appraisal. Learning about these conditions can provide information on what your timber may be worth. Here is some insight into pricing and evaluation in case you want to turn a profit from trees on your land.

What Determines Timber Prices?

The local market conditions play a role in the value of timber. For example, if the wood is in an area with few mills, it may be worth more due to the higher demand. 

Some tree species are worth more than others due to demand, markings, coloring, and density. For example, trees that are pulped to make paper are typically worth less than those that become high-end furniture.

Does Age Play a Role? 

Middle-age trees often offer a better grade of wood than older ones that may have rot or disease. However, older trees are larger, which means more wood and a higher price tag.

Finally, the location of the harvest also plays a role, as it determines how much money a buyer will have to spend to retrieve the lumber. Groups of trees that are difficult to get to will be worth less because they require more work to transport. 

How Can You Determine the Value of Timber?

If you’re interested in selling timber, contact a timber appraisal company. These trained technicians will go to the location and assess the value of the wood on-sight.

They’ll look at the local prices for the species in question while factoring in the location, condition, and age of the trees. Once they provide an official timber appraisal, it’s up to you to find a harvesting company interested in paying a fair price. 

Landowners who are interested in timber appraisals should contact Neeley Forestry Service in Ouachita County, AR, to set up a forest management appointment. The expert team of registered foresters and forest technicians have over 140 years of combined experience doing appraisals, encouraging forest growth, and brokering real estate deals. Call the Camden-area company at (870) 836-5981 or visit the website for information on their honest, affordable services.