Hi, I have a question I'm hoping someone can help be with.
I'm looking to buy 100 acres of land in West Virginia and was wonder what the minimum value of the timber would be? I know that is a very broad question with lots of variables and almost impossible to answer. My question is really what should I expect the base value per acre of the timber to be on a piece of land that has trees that are 30 or 40 years old? If we ignore the different types of trees and strictly were to clear cut a 30 - 40 year old 100 acre forest for pulpwood, I would think there should be a ballpark range of the value of the timber i.e. 30 years X average growth a year X pulpwood prices = $xxx per acre. I know getting a forester out there to evaluate the timber is the best way to go. I'm just trying to get a rough idea of what may or may not be a good deal before even getting the forester involved.
Thanks for the help!
Jeremy
I'm looking to buy 100 acres of land in West Virginia and was wonder what the minimum value of the timber would be? I know that is a very broad question with lots of variables and almost impossible to answer. My question is really what should I expect the base value per acre of the timber to be on a piece of land that has trees that are 30 or 40 years old? If we ignore the different types of trees and strictly were to clear cut a 30 - 40 year old 100 acre forest for pulpwood, I would think there should be a ballpark range of the value of the timber i.e. 30 years X average growth a year X pulpwood prices = $xxx per acre. I know getting a forester out there to evaluate the timber is the best way to go. I'm just trying to get a rough idea of what may or may not be a good deal before even getting the forester involved.
Thanks for the help!
Jeremy