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Tractor Talk Discussion Board

Re: Value of timber in a land purchase


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Posted by RBoots on November 04, 2017 at 10:03:05 from (174.230.27.33):

In Reply to: Value of timber in a land purchase posted by sde on November 04, 2017 at 06:48:13:

Randy is fairly close for a VERY rough idea on timber, depending on the species, how straight, veneer, how many limb free logs, 14+ diameter minimum on the small end around here. I went and looked at timber for a buddy last fall, about 50/50 soft maple and red oak, a little white oak and hickory mixed in. 225 trees, some veneer, most very straight with no low limbs, but not very many over 18-20" diameter. I looked it over before the timber buyer got there and took a tally of the trees. I counted 221 trees in my count, and told him he's probably gonna be around 20-25,000 valuation. The first buyer offered 7900, I told him to tell him to get lost. Had 2 others come look, one gave a bid of 16,000, the other gave a bid of 19,000. The last one called back a week later saying he really wanted it, and would give 23,000 for it. My buddy decided he wanted me to cut it about 50 trees at a time to save on the tax hit he'll take. That's not my deal, but I'll cut it for him. Like I said though, species make a huge difference. Most mills around here will not even take black oak, not even for pallet wood, even if they are straight, nice trees. But, black walnut is always valuable. I cut some last year, one brought $1000 for the one log, the other brought $800 for one log. Those are the ones I like to cut. It's really hard to take a shot in the dark at timber value though without looking at it up close and personal. Seems like pulp wood was going for around 50 to 75 cents A TREE last I heard. Have multiple buyers look at it, they aren't all honest.


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