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Timber is one of the most important components considered when placing value on forested properties. In some cases, the timber itself can be worth much more than the land. This is why it’s essential for land owners to get a timber appraisal. Knowing the value of your inventory will be beneficial in a number of different situations. The professional foresters at Neeley Forestry Services have helped numerous residents in Camden, AR, put together detailed appraisal reports they can refer to when necessary.

Below, they go over some of the top reasons to get a timber appraisal:

  • Determine a Fair Price for Buying or Selling Timberland: Just as when you’re buying or selling any type of real estate, an appraisal will help determine a fair price for a timberland listing. If you’re selling, this will keep you from pricing your property too high or low. If you’re interested in buying timberland, an appraisal will help you figure out how much to offer. 
  • timber appraisalEstablish an Asking Price When Selling Timber: When you’re selling timber off your property, it can be difficult to establish the right asking price without an appraisal. You will need to know the value of your inventory to ensure you don’t sell for too little, and buyers will need to understand the quality of the timber to agree to pay what you’re asking. All of this information is available in a timber appraisal report.
  • Identify a Forestry Management Plan: Forestry management plans allow property owners to maximize the potential of their land and all the resources it provides. Obtaining a timber appraisal is one of the most vital steps in putting this guide together. It will play a significant role in identifying your short- and long-term goals for your property.

Timber appraisals serve several important purposes. If you have yet to get a valuation of the timber on your property, it’s a good idea to schedule this service right away so you have the report on hand when it’s needed. Contact Neeley Forestry Services at (870) 836-5981, or visit them online for more information. 

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