A tree value is an assessment of a certain value assigned to a particular tree based on where it is planted and its type. The more area that is planted with trees the more valuable they are. There are many different ways that this can be done. The most popular method is to estimate the area that a tree will cover when it grows to a specific size. This value is then multiplied by the amount of trees that are planted in order to come up with a more accurate value.
The value of a tree is also dependent on the number of mature branches that it has. The number of branches is known as the canopy height. The canopy height is in relation to the tree's age and it will increase with age. The following table gives an estimate of tree value per year for various tree types.
This information is useful in the following table, " Estimates of Tree Value Per Year for Commercial plantations and Residential plots", which is located on the USDA website. The values shown here are estimates only and actual values will vary depending on how the tree is cut, how it is grafted and many other factors. However the range shown in the table above is highly dependent on the type of tree being measured.
Another way of estimating the value of a tree is to look at the history of that particular tree. Is it newly planted and growing fast? Has it suffered a tree disease in the past or is it not affected? All these things can affect the value that you assign to a tree and you should look for good information on these issues before making an estimate. For example do not think that a tree is worth 100 dollars if it has been hit by lightning 3 times in a row because you may not be able to sell it under these circumstances.
A good way of estimating the value of a tree is to look at it from several different angles. This would give you a better idea of what its true value is per year. You could also get estimates from local foreclosing companies and see how much they have to pay for the tree so you know the true value. There are many factors that can affect the value of a tree and so you should gather as many estimates as possible and then decide which one comes closest to the value that you have gathered. Once you have the value you can then make an estimate.
If you are selling your home then it is very important that you get a proper tree value estimate in order to know what the worth of your tree is. This will help you make a decision on whether you should buy or sell your tree because if you do not then you may end up with more problems than you started with. Foreclosing is not something that anyone looks forward to so having a rough estimate on the tree price is probably a good idea. You will always have the final say though if you wish to sell your tree so you may as well take the time to find out how much your tree is really worth before you put it on the market.