Full Answer
What is the true value of a black walnut tree?
This walnut tree was about 90 years old and produced a very nice stem. The bottom log has about 250 bf. in it and would fetch about $500 dollars delivered to a sawmill. The top log in the pile and the second log up in the tree has about 200 bf. in it and would be worth about $175. Most high-dollar logs are veneer-quality logs.
How much can you sell a black walnut tree for?
When it comes to selling black walnut trees that have a lumber quality grade, one that has a 14 inch diameter and a 16-feet log can have as much as 50 board feet. Since each board feet has an average value of $1.00, you can get as much as $50 for this specific tree.
How much is a black walnut tree worth for lumber?
Black walnut is one of the fastest growing and highest valued hardwood species, but the long time periods required for hardwood trees ... real wood" to even consider this option. Social scientists generally agree that basic human values are much less ...
How do I sell a black walnut tree?
- You get paid before any work starts
- We handle all removal and cleanup
- All work done by licensed professionals
- No tricks or hidden costs, you pay us nothing!
How much is a full grown black walnut tree worth?
Thus, a 22-inch DBH black walnut tree with one 8-foot veneer log may bring $510 (170 board feet x $3.00/ft), whereas a 26-inch DBH black walnut tree with one 8-foot veneer log may command $1300 (260 board feet x $5.00/ft).
How do I calculate the value of a tree?
The formula is: Tree Value = Base Value x Cross-sectional Area x Species Class x Condition Class x Location Class Base Value is the dollar amount assigned to 1 square inch of a tree's trunk cross-sectional area and is typically based on the cost of the largest available replacement plant of the same species.
What trees are worth the most money?
An African Black Ebony tree from Gabon could be worth a million dollars, if you can find one. Due to its high value many species of Black Ebony are now extinct or on the verge of extinction. The Paulownia may currently be the world's most valuable sustainably harvested hardwood tree.
How many board feet can you get out of a tree?
Measuring Tree DiameterTable 2. Standing Tree Board Foot Volumes—International 1/4-Inch RuleDbh (inches)Number of 16-Foot LogsBoard Feet1230120144016016 more rows•Feb 21, 2002
What is economic value of a tree?
What is the economic value of a tree? Since economics was founded as a discipline, there has been a single answer to this question: the value of a tree is equivalent to its market price. Through this lens, the economic value of the tree is simply its 'exchange value' in the market.
How much is an old growth tree worth?
First, the pay-off: One massive old growth cedar can fetch close to $20,000.
Are black walnut trees worth money?
The most valuable trees I've seen in my 35-year career have been over 30 inches in diameter and larger." For example, a black walnut that is Grade A veneer at 19 inches diameter will be worth about $700 or $800. If you add another 6 inches of diameter, that price can nearly double.
Is Black Walnut expensive?
Is Black Walnut Expensive? Yes, black walnut lumber prices are fairly high. The average price of unprepped black walnut wood is $5.25/foot for a 4×4. Meanwhile, quartersawn black walnut costs $7.5/foot.
Are black walnuts worth any money?
Find some extra income when you find Black Walnuts! Beginning October 1, 2016, American Black Walnuts are worth the highest price in history: $15 per hundred pounds (after hulling) in states west of the Mississippi and $14 per hundred pounds (after hulling) in states east of the Mississippi.
How do you calculate the value of standing timber?
The more mature trees you have, the more likely it is that your timber is ready for harvest. 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.
What is the Scribner rule?
The Scribner rule is an intermediate estimator of lumber volume for logs less than 28 inches in di- ameter and less than 16 feet in length. Its inaccuracies come from the lack of allowance for log taper and a uniform slab allowance for different log diameters.
How do you get the most lumber out of a log?
Financially, grade sawing is the best sawing method for medium and high-quality logs, even though it may be difficult to turn a log on some mills and daily production volume may be lower. There are several reasons to consider quarter sawing because the grain patterns in some hardwoods are in great demand.