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Rely on the Experts to help with planning and executing the sale of your timber. Develop and follow a forest management plan. Use pre-harvest planning to insure your interests are protected. Use the right type of sale to get your money's worth. Have a written contract. Monitor the harvesting operation.
The total volume of the tree would be 225 board feet. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. A fourteen inch Red Oak with a grade 3 rating would be worth $12.00 for an average price per thousand board feet of $265.00.
If more than one tree stands on the property, the costs will vary based on how heavily the land is wooded. You will pay between $500 and $2,000 per acre for lightly wooded lots, and between $3,000 and $5,600 per acre for heavily forested land.
Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan.
The average stumpage price is $300/MBF, or $1,800 per acre total value.
The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. A fourteen inch Red Oak with a grade 3 rating would be worth $12.00 for an average price per thousand board feet of $265.00.
It's generally much easier to sell trees in a woodlot harvest, where many trees are sold and harvested at the same time. To cut down your tree, a timber buyer must bring in laborers, a log truck, skidder, loader, and other equipment. The buyer must cut the logs and haul them to the mill to sell.
There are sawmills and lumber companies and mills that buy trees for lumber. The state or region where your trees are located will determine the price of the wood. Other factors like location, accessibility, and quality of wood will also influence the price the lumber companies would be willing to pay for your trees.
To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.