You don’t harvest timber from your trees every day, month, or even year. Since felling a tree for timber happens after almost two decades, everything about selling timber might change during that gap. So, if you are getting confused with calculating how much your trees are worth, here’s how you can do that.
The Value of Trees
Many factors determine the value of trees like location, quality, size, and species. That’s because some species are known to produce healthy timber more consistently. Moreover, bigger trees have larger end sections that increase the value per cubic metre. Economic and natural factors can also influence the value. For instance, timber’s market value increases when timber supply decreases and demand increase with a rise in new constructions. Loss of timber to natural calamities like flooding and bushfires can cause a drop in supply.
Some varieties that usually have higher demands include ironbark, grey gum, spotted gum, white mahogany, grey box, coastal blackbutt, and tallowwood. For areas with higher risks of bushfires, fire retardant timber like spotted gum and blackbutt are sought more. Generally, a hectare of forest converts to anything between $1000 and $5000 depending on the factors discussed above.
And if you want to get the best value for your timber, you can get a proper assessment done. But if you are considering investing in the timber business, you need to get a private native forest plan first. It covers all the factors including the land area available, soil fertility, trees you can consider growing, and other factors for properly growing and maintaining trees in your native forest.