Maximize Timber Land Value When Buying or Selling
by
Gary Jellum
|
Farming|Guides
Hi, I’m Gary Jellum, a broker with the Whitney Land Company. Today, I want to share some important insights about timberland value.
Many buyers are excited to find land with trees. However, few know how much those trees can increase the property’s value. This is especially true for financing or investment.
The kind of trees on your land plays a significant role in its value. In the Northwest, certain trees are extremely valuable for timber. These trees include Ponderosa Pine, Douglas Fir, Western Larch (Tamarack), and Cedar. Other types, like White Fir, “Bull” Pine, and Lodgepole Pine, are generally less valuable.
But remember, it also costs money to harvest and transport timber, and sometimes those costs are higher than the actual value of the wood. In Oregon, there are also harvest taxes and streamside setback rules that can lower your timber land value.
At Whitney Land Company, our job is to help landowners understand the true value of their property. That includes helping both buyers and sellers make informed decisions about timber land value. We guide our clients through the process using our knowledge. If needed, we also bring in experts for a detailed evaluation.
Harvesting timber can be complex, but it must not be stressful. Done right, it can reveal new opportunities and increase your property’s value. That’s why working with a knowledgeable realtor is key. We’re here to help you navigate the process and make the most of your land.