Depending on the end-use of the tree, the sawmill may require that it be a minimum size of 8 inches in diameter, with the top being at least 4 inches wide (as this is the minimum size needed to cut most types of construction boards).
Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.
Mature trees can have an average appraised value of between $1,000 to $10,000, depending on the species and size.
African Black Ebony is the most valuable wood in the world. A large, old growth tree could be worth a million dollars, but the last of these was probably cut down more than 50 years ago.
Most high-dollar logs are veneer-quality logs.
Veneer logs look like they came from the “log factory” and are perfect in every way; no signs of knots, straight, round, good color, good growth ring spacing, centered pith, no bird peck, no shake, no metal, fresh, and hopefully, big.
The value can range from $900 to $1800, and the rate goes up if the trees are decades old, high-quality, and high in demand. Clearcut timber is usually more lucrative for each acre, given the trees' average size and how much material is available.
A mature walnut tree with a trunk diameter of 20″ will run for around $800, while a 40″ to 50″ tree would be worth up to $2000 at auction. So if you're looking for an investment opportunity or simply want to get the most bang for your buck when selling your landscaping asset, be sure to take size into account!
Evans bases his pricing on, “sizing and coolness.” An 8,000-pound, heavily fissured stump with a burl on one side and huckleberry and lichen growing on it is selling for $3,000. Others go for much less. “If you can pick it up by yourself it's probably going to be $25,” Evans said.
You can identify a small potted tree as a money tree by its stalks with five long green leaves. These five leaves are said to represent the five elements in feng shui: water, earth, fire, wind, and metal. Very rarely, these plants may feature stalks with seven leaves, which is considered a sign of intense good fortune.
Pine timber generally sells for less than ten cents per board foot. So, a big pine tree might be worth $30. However, on a big well-managed plantation, that could add up to significant value on a per-acre basis.
African Blackwood
It is considered as the most expensive wood in the world because not only it is challenging to work with hand or machine tools, its trees are already near-threatened.
Another way to look at the monetary value of trees is to use appraised tree values. Trees can be worth many thousands of dollars if they are good species in good condition in a prime location, or may be worth nothing if they are in poor shape or are poorly located.
The IRS code about timber sale taxation is a bit obscure. There are three main ways to reduce the tax bill; 1) report income as capital gains, 2) calculate the timber basis and depletion, and 3) keep receipts for all out-of-pocket expenses related to the timber sale.
Typically sawmills in North America handle two types of wood: hardwood and softwood. Hardwood trees like walnut and maple have leaves that fall in the autumn and grow back in the spring. Softwood includes spruce and cedar, and their needles are permanently attached.
The Usain Bolt of trees – willow is the quickest tree out of the blocks! Incredible high yield biomass growth in just 4 years. Let's look at the pros first – easy to grow, cheap planting stock, very fast growing, excellent yield and good form. You can produce log scale willow in just 4 years.
A wishing tree: some people believe that hammering a coin into a tree stump will help make their wishes come true. PIC: Flickr/Creative Commons/Anne. National Trust for Scotland said it had found growing numbers of coins embedded into trees at its properties.
Tree stumps and their root systems will rot and decay over time. Fungi or mold that grows on the stump can be dangerous to your family's health. The rotting root system may also spread disease and infection to other trees or plants in your yard, leaving you with a barren, zombie garden.
In addition to sinkholes, buried stumps and tree debris can contribute to other problems. Rotting wood will attract roaches and carpenter ants. Additionally, if the rotting wood contains moisture, foul water will leak into the ground.
Pine: Pine trees are a popular choice for timber due to their fast growth and straight trunks. They are commonly used in construction, furniture, and paper production. Oak: Oak trees are known for their durability and strength, making them ideal for furniture, flooring, and architectural millwork.
Good lumber trees include hardwood trees, such as oaks, hickories, pixamaples, birch and cherry, among others. These trees can be harvested when they are 14 to 20 inches in diameter, but letting them grow larger will make them worth more.
If you want to know the price of black walnut per tree, current averages range anywhere from $300 to $1,000. Outliers that are of exceptional size and quality can be worth even more.
Black Walnut trees (Juglans nigra) are well-known as one of the most valuable species in North America. With a natural, dark brown heartwood, these trees are highly valued for the depth and color they can give high-end pieces of furniture and wood work.
Following are the reasons why Walnut wood is expensive.
The tree takes around 50 years to mature, it is longer than most other trees. It is in high demand due to its desired characteristics such as durability, strength or aesthetic making it one of the best wood species around.