An investment in knowledge pays the best interest.
- Benjamin Franklin
Simply put, a timber cruise and appraisal will tell you what you have and how much it is worth. The value of timber will depend on several factors including species, quality, volume, and market demand. Reasons for conducting a timber cruise and/or appraisal include:
- - Current timber value
- - Timber theft
- - Casualty loss and/or damage assessment
- - Estate planning
- - Establishment of Cost Basis for tax considerations
- - Evaluation of a property prior to purchase or making an offer
- - Investment analysis
- - Aide in management decisions
- - Determine timber value prior to timber and/or property sale