The Forestry Forum is sponsored in part by:

iDRY Vacuum Kilns


Forestry Forum
Sponsored by:


TimberKing Sawmills



Toll Free 1-800-582-0470

LogRite Tools



Norwood Industries Inc.


Sawmill & Woodlot Magazine



Your source for Portable Sawmills, Edgers, Resaws, Sharpeners, Setters, Bandsaw Blades and Sawmill Parts

EZ Boardwalk Sawmills. More Saw For Less Money!

STIHLDealers.com sponsored by Northeast STIHL


Woodland Sawmills

Peterson Swingmills

 KASCO SharpTech WoodMaxx Blades

Turbosawmill

Sawmill Exchange

Michigan Firewood, your BRUTE FORCE Authorized Dealer

FARMA


Council Tool

Baker Products

ECHO-Bearcat

iDRY Wood Lumber Vacuum Drying for everyon




Author Topic: Value of timber  (Read 759 times)

0 Members and 1 Guest are viewing this topic.

Offline jbowar

  • Member*
  • *
  • Posts: 1
  • I'm new!
    • Share Post
Value of timber
« on: September 29, 2018, 10:52:32 PM »
I am new to all of this, including this site and really appreciate all of the information I have learned so far and I am struck by how nice and sincere all of the responses are.  I realize this is likely an impossible question to answer, but I am wondering what a general range of values per acre are for timber on 160 acres of very heavily wooded land in northern Minnesota - Oak, Maple, Pine and Aspen.  I realize there would be a tremendous range without anyone seeing the land, but even that would be helpful. 
  
I am mainly looking at the land as something to hand down to kids and grandkids. My understanding from some reading is that it would be best for the land to have some of it logged.  Is that correct?  I would mainly want it well managed and would be looking at hiring a forester, I am planning on putting in an offer on the land soon.  Any info is greatly appreciated, thanks!
Jon


Offline mike_belben

  • Senior Member x2
  • *****
  • Posts: 3766
  • Location: Middle TN
  • Pulp Friction
    • Share Post
Re: Value of timber
« Reply #1 on: September 30, 2018, 12:42:11 AM »
Value on the stump, at the mill or stacked in the kiln?

Youre gonna need to put up some pics.  Size and quality are critical.
Revelation 3:20

Offline WDH

  • Forester
  • Administrator
  • *****
  • Posts: 27761
  • Age: 64
  • Location: Perry, GA
  • Gender: Male
  • April 1998 - August 2008
    • Share Post
    • hamsleyhardwood.com
Re: Value of timber
« Reply #2 on: September 30, 2018, 08:19:07 AM »
It would worth the cost to hire a Forester to appraise the timber and give you initial advice on a management plan.  If you proceed to buy the property (if you do not already own it), then you can develop a more detailed management plan.
Woodmizer LT40HDD35, John Deere 2155, Kubota M5640SU, Nyle L53 Dehumidification Kiln, and a passion for all things with leafs, twigs, and bark.  hamsleyhardwood.com

Offline Clark

  • Senior Member
  • ****
  • Posts: 762
  • Location: Duluth, MN
  • Gender: Male
    • Share Post
Re: Value of timber
« Reply #3 on: September 30, 2018, 07:04:32 PM »
EDIT: My first response was written more in response to the other responses and not your question... My apologies. Land is going for ~$1K/acre right now, presuming it's not on a lake, no buildings and doesn't have some aura around it that hunters over value. I'm a hunter myself but if timber doesn't add value to the property (it does but it doesn't change the price/acre) then food plots should also be valued at zero.

Original post:
I'm biased but you need a Stewardship plan which will lay out a course of action for you based on your desires for the property and the condition of the biotic (plants, animals)and abiotic (soils and hydrology) elements present. With that in place you can get very good deals on your property tax. The first step would be to find a plan writer:

http://www.myminnesotawoods.umn.edu/minnesota-stewardship-plan-preparers/

FURTHER EDIT: When buying property with timber, it is very wise to have a timber basis established. It can save you thousands of dollars in taxes.

Clark
SAF Certified Forester


Share via delicious Share via digg Share via facebook Share via linkedin Share via pinterest Share via reddit Share via stumble Share via tumblr Share via twitter

xx
Does post and beam change the use of Green Oak timber, v true timber framing?

Started by MbfVA on Timber Framing/Log construction

8 Replies
976 Views
Last post September 04, 2017, 09:36:55 PM
by Don P
xx
Portable Sawmilling, Timber harvesting, Timber framing in Western MA.

Started by Tillman on Services

1 Replies
513 Views
Last post November 08, 2018, 06:54:43 PM
by Mad Professor
xx
Timber size calculator and timber frame design.

Started by Joe Vachon on Timber Framing/Log construction

1 Replies
1666 Views
Last post July 07, 2017, 10:25:46 PM
by Roger Nair
xx
M&K Timber Works Timber Frames

Started by logman on Services

0 Replies
1600 Views
Last post July 29, 2012, 02:25:27 PM
by logman
 


Powered by EzPortal