How much is a tree worth for lumber


What Is My Timber Worth, and How Do I Sell It? | Timber Price Information | Forest Economics and Policy

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?" and "What's the best way to sell my trees?" Below we talk about how to answer these questions.

 Yard Trees

Wondering about the possibility of selling individual trees from your yard or small acreage tract? Read this first.

What Is My Timber Worth?

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. This is for at least five possible reasons.

  1. 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. 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.
  2. Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 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.
  3. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Often, the larger the sale, the higher the price per unit of wood that can be offered. 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. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees.
  4. 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. 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.
  5. 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. All of those things can affect how much wood can be removed and the operational costs of harvesting. Higher costs translate into lower prices offered.

There are, however, several ways you can obtain information about the value of your timber:

  1. First, you can call on the free or low-cost services of state or university personnel. 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. One way to locate these foresters is by visiting the National Association of State Foresters website, with links to state service forestry agencies. Or, you can contact your Forestry Extension or county Agricultural Service agent. Extension Forestry personnel are typically located at your state's Land Grant university, often in the Forestry Department. Agricultural Extension personnel work in county offices and can be found by searching in your local phone book. Alternatively, you can visit the website of the Cooperative State Research, Education, and Extension Service, which contains links to every state's free services, often including forestry assistance by professional foresters.
  2. Second, you can contact a professional forestry consultant. 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.

    Forestry consultants can be found in the Yellow Pages of your telephone book, listed under "Foresters-Consulting", "Forestry Consultants", "Foresters", or even "Timberland Companies. " Also, some state forestry organizations maintain lists of licensed and/or certified professional forestry consultants&emdash;the best kind of consultant. Again, to see these lists, visit the National Association of State Foresters website. Links are given to all State Foresters in the country.

  3. 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. Our unit's website shows free price information for many states and other localities throughout the country. This page has recently been combined with our State Contacts page and now includes how to reach a State forestry specialist who knows about timber prices in your state.

How Do I Sell My Timber?

Our recommendations on how to sell timber are similar to those for determining what timber is worth:

  1. First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. Alternatively, you can visit the website of the Cooperative State Research, Education, and Extension Service, which contains links to every state's free services, often including forestry assistance by professional foresters.
  2. Second, you can contact a professional forestry consultant. 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.

One last bit of caution. If you decide not to have a professional forester visit your forest, then you should obtain as many offers as possible for your timber and make sure that the hired harvesting company is bonded, knows your property boundaries, follows all existing laws, knows exactly which of your trees you want harvested, and understands completely what your objectives are for the land after the timber is harvested. Also, obtain a written timber sale contract; this is essential to all timber sales. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Our free timber price information page also now includes links to sample timber contracts for the most viewed states.

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. 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. 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.


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Forest Economics and Policy

Forestry Sciences Laboratory
PO Box 12254
Research Triangle Park, NC 27709-2254

Tel: 919-549-4000

Tree Value Calculator

Created by Łucja Zaborowska, MD, PhD candidate

Reviewed by Anna Szczepanek, PhD and Steven Wooding

Last updated: Nov 12, 2021

Table of contents:
  • What's my tree worth?
  • How to use the tree value calculator?
  • How do I calculate the value of a tree?
  • Table of cost of mature trees
  • How to determine the value of mature trees?
  • FAQ

The tree value calculator is a simple tool for assessing the worth of the tree, as well as the possible compensation, determined during a tree appraisal. 🌲

Have you ever wondered how much is a mature maple tree is worth? Maybe your beloved tree has been cut down by your vicious neighbor, and you're in desperate need of a pine tree value calculator?

What's my tree worth?

Trees are irreplaceable. Trees take decades to be fully grown. Trees are the source of oxygen, wood, home for birds, and relief, by way of shade, on a warm day.
That's why we shouldn't be surprised that cutting down a tree might be a pretty costly business! 🌱

If your tree is executed without your permission, you are usually entitled to a compensation. The amount of money you'll receive depends on the type of tree, and its age, measured using its height and circumference.

💡 Some countries impose fines on people who cut down trees of a given type, even when it grows on their own property.

How to use the tree value calculator?

It's probably one of the easiest tasks out there! Let's follow a few simple steps of our DIY tree appraisal:

  1. Choose the tree type.

    You can choose between 24 types of trees.

  2. Enter the circumference of a tree.

    Pick your favorite unit — is it metric or imperial?

  3. Input the tree height.

  4. Oh wow, you did it! 🎉 The result of your calculations will be displayed in dollars ($).

Remember, our calculator holds the capacity of all most popular tree type tools:

  • Black walnut tree value calculator
  • Oak tree value calculator
  • Pine tree value calculator
  • Walnut tree value calculator

How do I calculate the value of a tree?

Determining the cost of mature trees is easier than you think! You'll need to:

  1. Know the circumference, height, and the type of the tree.

  2. Find the basic value, which is a conversion factor based on your tree type. To be found in dedicated tables.

  3. Use the equation:

    Tree value = Circumference * Height * Basic value

    where:

    • Circumference is given in inches.
    • Height is given in feet.
    • Tree value is given in dollars.

Table of cost of mature trees

You keep asking yourself, what's my tree worth? Well, now it's the perfect time to find it out with your bare hands!

Find the type of your tree and the corresponding basic price per 1 cubic inch.

Tree typeBasic value
Beech1.06
Black Cherry2.3
Black Ebony55.75
Black Locust1.75
Black Walnut3.85
Chestnut3.08
Douglas Fir1. 05
Elm1.35
Eucalyptus2.1
Fruit Wood18.12
Poplar0.35
Loblolly Pine0.55
Mahogany15.16
Paper Birch0.65
Paulownia1.85
Red Oak2.15
Rosewood11.12
Maple2.44
Teak8.88
Cedar3.15
White Ash2.58
White Oak3.53
White Pine1.85
Yellow Birch3.18

Happy with our tree tool? 🌳 Let it become the beginning of a beautiful journey!

  • Tree leaves calculator
  • Christmas tree decorations
  • Plant spacing
  • Christmas tree alternative

How to determine the value of mature trees?

There are multiple ways to establish the value of a tree.

  • You can estimate it yourself, e.g., using our tree value calculator.
  • You may contact your insurance company and demand a tree appraisal.
  • It is also possible to find a private company that specializes in tree value calculations.

If you're applying for compensation and the tree's been already cut down, you'll probably need to prepare a proof of its age, height, and circumference.

FAQ

What's the worth of a 10-year-old maple tree?

Let's say that our typical 10-year-old maple tree is 16 ft (ca. 5 m) high and 17 in (43 cm) circumference.

We'll calculate it's worth using a simple equation: Tree value = Circumference * Height * Basic value

The basic value of a maple tree is 2.44.

Let's compute: Maple tree value = 17 in * 16 ft * 2.44

Maple tree value = $663.70

And here it is! Our tree is worth $663. 70. That's quite a sum! 🍁

What are the most valuable trees to grow?

Let's find out which trees may supply us with a reasonable profit!

  • Christmas tree
    We're not surprised by this one, are we? 🎄
  • Black Ebony
  • Fruit trees
  • Mahogany
  • Black Walnut
  • Maple
  • Bonsai trees

Łucja Zaborowska, MD, PhD candidate

Tree type

Circumference

Height

Tree value

$

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How much the prices of wood building materials will drop in the fall of 2021

According to experts, the cost of wood building materials will not return to pre-pandemic levels in the foreseeable future, but prices may drop by about 20% within a year

Photo: Leszek Glasner\shutterstock

The price rally for building materials stopped, the cost of wood products in Russia gradually went down. However, in the first half of 2021 alone, prices for lumber for building houses have doubled, and their fall cannot yet compensate for the huge increase.

Together with experts, we are looking into why prices for building materials have risen so much and by how much they will fall.

Prices went down

www.adv.rbc.ru

US lumber futures prices have fallen to $500 per 1,000 feet of board, or about $213 per cubic meter (the US price is calculated per 1,000 inch boards, which is 2.35 m3). At the same time, in May futures for timber on the Chicago Mercantile Exchange reached a record level of $1,733.5 per 1,000 board feet ($734.5 per 1 cubic meter). In four months, contracts have collapsed by more than 70%. U.S. timber prices are almost back to pre-pandemic levels.

US lumber futures contracts, $ per 1,000 board feet, September 3, 2021 (Photo: tradingeconomics. com)

However, in Russia, prices for wood materials have just begun to gradually fall, the decline began in late July - early August. Lumber prices will fall by 20% during the year, predicts the director of one of the largest lumber producers in Siberia (Krasnoyarsk Territory) Angara Les (part of the Karat Les Group of Companies) Sergey Tarasyuk. According to him, prices will not return to the base ones, but by the next construction season in 2022 they will not be so high.

“Price growth has stopped, most likely, we have reached a plateau, it is quite possible that the current price level will remain on average until the end of September. From the second half of autumn until the end of the year, a slight decrease of 20% is quite possible,” said Vadim Fidarov, director for work with public authorities of the Association of Wooden Housing Construction (ADD).

According to the Ministry of Industry and Trade, prices have fallen not only in the US, but also in China, the largest consumer of Russian lumber. In Russia, according to the agency, there is a stabilization of prices for non-planed boards, planed, glued, non-planed beams, chipboard, fiberboard, MDF boards. According to the results of the weekly analysis of prices for products of the timber industry complex, which is carried out by the Ministry of Industry and Trade, a decrease in prices for plywood, OSB boards, chipboard and planed boards was revealed in the largest DIY chains.

“The Russian market is characterized by high inertia, we feel all changes with a little delay. Using the example of the United States, we see a decrease in the cost of lumber, which means that in Russia there may also be a slight rollback,” says Andrey Bannov, head of the DOM TECHNONICOL project (special project of TechnoNIKOL). However, prices in Russia did not grow as rapidly as, for example, in the USA, therefore, according to the expert, one should not expect a serious decrease - of course, it will not work to return completely to the previous prices.

“The US market acted as a driver that formed the price trend in the world: a record price level was reached in May, then there was a correction. The rest of the geographic markets in this case follow the United States with a certain lag and their own specifics, which are determined by a number of factors - the level of stocks, dependence on import / export, the availability of raw materials in a particular region, the production cost of local factories, logistics costs, current consumption volume, seasonal adjustment of demand and other factors,” Mikhail Mileshin, Member of the Board, Vice President for Marketing and Innovation at Segezha Group, told RBC-Nedvizhimost.

Photo: Roman Zaiets\shutterstock

Price growth rates in the Russian market were not as dynamic as in the US, and the correction will not be as noticeable, Mikhail Mileshin believes. According to him, lumber prices will not return to pre-pandemic levels after correction, as production and logistics costs have increased markedly, there is still a shortage of high-quality raw materials, and stocks in warehouses are at a record low level.

According to Alexander Dubovenko, managing partner of GOOD WOOD, the market needs time to adapt. “Board manufacturers artificially support prices for some time due to shortages. They are afraid to buy raw materials (sawlogs, logs) at an inflated cost, as they fear that the price will collapse. In addition, the value on the exchange fell, but not the old futures - companies continue to fulfill export contracts previously concluded at inflated prices, ”the expert says. According to his forecast, prices will still be able to hold out at a high level for a maximum of two months, then they will go down - of course, provided that they do not rise again on world stock exchanges, Dubovenko clarifies.

Measures to stabilize prices

The Accounts Chamber sees risks for the housing construction market if the situation with prices for building materials does not change within six months. Prices have risen, and the company’s loans have been taken on the basis of the old ones, and this may have a negative impact on the housing construction market, Natalia Trunova, auditor of the Accounts Chamber, said in an interview with TASS.

From July 1, the Russian government introduced a 10% duty on the export of a number of types of roughly processed softwood and valuable hardwood under the guise of sawn timber, which will remain in effect until the end of the year. Also, from January 1, 2022, the export of timber with a moisture level exceeding 22% will be prohibited.

The Ministry of Industry and Trade told RBC-Nedvizhimost that measures are being worked out to stabilize prices for timber industry products on the domestic market, as well as the inclusion of lumber, plywood and OSB boards in the list of goods that are essential for the Russian domestic market. The Ministry of Industry and Trade is also considering a proposal by Kazakhstan to establish temporary rates of import duties of the Common Customs Tariff of the Eurasian Economic Union in the amount of 0% of the customs value for certain types of chipboard, laminated chipboard and fiberboard.

Read also: Bans and duties: how the authorities are trying to contain the rise in housing prices . Construction is being restored, plus European and global requirements to reduce the carbon footprint, including during construction, are starting to work, RBC-Nedvizhimost explained the reasons for the rise in prices in the ministry.

The following factors significantly affected the shortage of sawn timber both in Europe and in Russia: increased demand for suburban construction, a decrease in logging and sawmilling due to lockdowns, tightening of migration policy during the pandemic and weather conditions, says Vadim Fidarov from ADD. Against this background, the increase in exports of sawn timber from the EU to the United States provoked an even greater deficit and higher prices in Europe, the expert explains.

“A similar situation happened in Russia. Growth in demand and prices in the EU led to an increase in Russian export prices, including due to a shortage of sawn timber for the reasons described above. Against the backdrop of falling production volumes in a large number of regions, a number of constituent entities of the Russian Federation were able to increase export deliveries, Vadim Fidarov notes. — Lumber prices in Russia now depend on the shortage of lumber in Europe, which is associated with increased demand for the construction of country houses. As long as supply hasn't ramped up sawnwood production enough and orders haven't dropped, prices haven't come down yet. In addition, our exporting suppliers will for some time fulfill their obligations under previously concluded contracts, as well as European ones when delivering to the USA.”

“Falling prices in the US will affect sawnwood exports from the EU. In the absence of lockdowns, foreign companies will be able to increase their own logging and sawmilling volumes, this will somewhat reduce the shortage and prices. In addition, the pent-up demand for the construction of country houses will still lose its strength, which will also put pressure on prices, but still this demand is still expected to be higher than in the period before the start of the COVID-19 pandemic,” Vadim Fidarov believes.

Photo: Ramil_Nasibulin\shutterstock

In Russia, traditionally, the volume of timber production is three times more than its domestic consumption, so sawn timber prices are highly dependent on world prices. New duties and a ban on the export of raw or rough-finished wood, as well as wood products with a moisture level exceeding 22%, will lead to lower prices for sawn timber in Russia in the future, Sergey Tarasyuk from Angara Les believes.

According to him, woodworking enterprises will not be able to immediately install drying chambers in the required volumes, as well as conveyors for sorting boards, so these products will remain on the Russian market, which will be able to stabilize prices.

Producers are counting on good dynamics in the development of the domestic market for the consumption of products for the construction of wooden houses. “But for the development of the market, many enterprises need to modernize their production facilities to create end products for buyers, since many of them are mainly focused on the export of raw wood - this will be possible only thanks to the support of manufacturers from the state, as well as the introduction of various state programs for market development wooden housing construction, mortgage products and domestic demand for such products,” says Sergey Tarasyuk.

Now the market for low-rise housing construction is at the stage of transition to the industrial phase, namely, to the production of standardized house sets, the head of Angara Les notes. Responding to market demands, the company plans to expand its woodworking production in Kodinsk (Krasnoyarsk Territory) — production of OSB boards, which are widely used in frame housing construction, will begin here. This will be the largest production in Russia beyond the Urals, Sergey Tarasyuk noted.

Read also: Price rally: the cost of wooden houses and lumber peaked

High demand and disappointment in prices

“Construction has become in demand in terms of investment, and not only to cover their own need for suburban housing. Many build for the purpose of investment, projects related to the suburban rental business are popular. The increase in prices only spurred demand, people made decisions more quickly, trying to fix agreements within the budget. However, since July there has been a lull, transactions have been put on hold,” says Andrey Bannov. According to him, the sharp and unpredictable rise in prices made it difficult to assess the final costs and the risks of unfinished construction, in connection with which many chose the standby mode.

In August, due to the rollback of prices, the market gradually begins to recover. Andrey Bannov hopes that the unrealized demand in July-August will be compensated in the near future.

Photo: RossHelen\shutterstock

From the beginning of the year there was a rush demand, prices grew very dynamically, reaching an absolute maximum in the summer, however, since the third quarter, Segezha Group has noted a correction in the volume of new orders. “On the one hand, such a correction is seasonal. On the other hand, it is obvious that some of the buyers have decided to postpone construction, waiting for the normalization of market prices for materials,” Mikhail Mileshin notes.

Stabilization of market prices against the backdrop of a seasonal increase in demand (in the spring) and measures to support the wooden housing segment in Russia will help generate demand at a level similar to the current year, and maybe even exceed it, predicts Mileshin.

Rising prices for lumber and other building materials have pushed up construction prices. According to Alexander Dubovenko, the increase was 30–40% for stone houses and 40–50% for wooden houses.

“Those who started building are forced to finish building at higher prices, many of those who have not started have decided to temporarily or completely abandon the idea of ​​building. The market comes into its right state, it becomes a buyer's market. In our company, sales have not fallen yet, this is due to the fact that we work in a less sensitive, expensive segment, and a decline in sales has begun in the segment of inexpensive houses. Combined with negative profits on current contracts, this could lead to bankrupt construction companies. I expect the start of these mass processes in November,” said Alexander Dubovenko, managing partner of GOOD WOOD.

See also: Cost race: how much more expensive the construction of private houses has risen

Prices and price list for lumber in Kazan

Name Unit Price
Edged timber
Edged timber, grade 1
Edged timber, 100x150x6000 mm, 1st grade pcs. 1350
Edged timber, 100x200x6000 mm, 1st grade pcs. 1800
Edged timber, 150x150x6000 mm, 1st grade pcs. 2025
Edged timber, 150x200x6000 mm, 1st grade pcs. 2700
Edged timber, 100x100x6000 mm, 1st grade pcs. 1160
Edged timber, grade 2
Edged timber, 100x100x6000 mm, grade 2 pcs. 660
Edged timber, 50x100x6000 mm, grade 2 pcs. 440
Edged bar
Edged block, 50x50x6000 mm pcs. 300
Edged block, 50x50x3000 mm pcs. 150
Edged block, 40x50x3000 mm pcs.
Edged block, 30x50x3000 mm pcs.
Edged block, 25x50x3000 mm pcs. 80
Planed block
Planed block, 45x45x3000 mm pcs. 200
Planed block, 18x45x3000 mm pcs. 100
Clapboard
Lining, 13x90x6000 mm, class AB pcs. 280
Lining, 13x90x5000 mm, class AB pcs. 234
Lining, 13x90x4000 mm, class AB pcs. 187
Lining, 13x90x3000 mm, class AB pcs. 140
Lining, 13x90x2500 mm, class AB pcs. 117
Lining, 13x90x2000 mm, class AB pcs. 94
Edged board
Edged board, grade 1
Edged board, 25x100x6000 mm, 1st grade pcs. 240
Edged board, 25x150x6000 mm, 1st grade pcs. 340
Edged board, 30x150x6000 mm, 1st grade pcs. 435
Edged board, 40x150x6000 mm, 1st grade pcs. 540
Edged board, 40x200x6000 mm, 1st grade pcs. 720
Edged board, 50x100x6000 mm, grade 1 pcs. 450
Edged board, 50x150x6000 mm, 1st grade pcs. 675
Edged board, 50x200x6000 mm, 1st grade pcs. 900
Edged board, grade 2
Edged board, 25x100x6000 mm, grade 2 pcs. 175
Edged board, 25x150x6000 mm, grade 2 pcs. 240
Edged board, 50x100x6000 mm, grade 2 pcs. 330
Edged board, 50x150x6000 mm, grade 2 pcs. 495
Edged board, 50x200x6000 mm, grade 2 pcs. 660
Floorboard
Floorboard, 35x135x6000 mm pcs. 870
Floor board, 28x135x6000 mm pcs. 700
Planed board
Planed board, 20x140x6000 mm pcs. 620
Planed board, 20x190x6000 mm pcs. 830
Planed board, 45x190x6000 mm pcs. 1520
Planed board, 45x145x6000 mm pcs. 1170
Planed board, 45x90x6000 mm pcs. 735
Planed board, 35x140x6000 mm pcs. 885
Planed board, 28x140x6000 mm pcs. 855
Planed board, 20x90x6000 mm pcs. 410
Planed board, 2nd grade 35x140x6000 mm pcs.
Planed board, 2nd grade 28x140x6000 mm pcs.
Planed board, grade 2 45x145x6000 mm pcs.
Planed board, grade 2 45x190x6000 mm pcs.
Decking board
Terrace board 35x140x6000 mm pcs. 930
Lining
Lining, 13x90x6000 mm, class AB pcs.

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