How To Decide The Economic Value of a Tree
2021.01.06
Many people never consider whether the trees in their yard have any real value. In many cases, the trees are important sentimentally. They remind you of children growing up or grandparents, as well as personal experiences.
In other cases, trees are an important environmental consideration. People are happy to maintain them at home knowing that they are doing a little bit toward maintaining the environment.
However, despite the many reasons to keep trees in your yard, there are times when they need to be eliminated. This can be because they are rotting and dying. In short, they need to be removed.
It can also be because they are getting too tall and creating a risk to houses in the vicinity. In this instance, a reputable firm, such as these North Shore tree loppers, can reduce the height and size of the tree without felling it.
Trees that have roots affecting the foundation of your house or nearby roads may also need to be removed.
However, before you order a tree to be cut down, you should confirm that the tree can be cut down. Every state has specific rules regarding which species of trees can be felled and which cannot. It’s a good idea to check before you start cutting.
Economic Value Of Trees
Before you look at the value of your fallen tree you should spare a moment to consider the money it may save you. Trees create shade which can lower the temperature in your home. In the winter they don’t have leaves and will make very little difference to your home. But, in the summer, the tree’s shade can lower the temperature and save you on your cooling bill.
In fact, surveys suggest you could save as much as $150 per year!
After considering that fact you can work out how much your tree is worth.
All wood can be used. The type of wood dictates whether it will be used for furniture, firewood, or something else. To calculate the economic value of your tree you’ll need to measure the base of the tree. This will give you the width. You can multiply this by the height of the trunk to get an approximate volume of the tree.
You’ll then need to multiply this figure by the amount people will pay for your type of tree. Harder woods tend to be worth more. If you’re not sure about the equation then your local tree surgeon will happily estimate the value for you.
However, you should also consider the cost of cutting the tree down and removing it. This will reduce the value of the wood and may even mean that you don’t make a cent from the tree. That’s why most tree surgeons charge to fell a tree and take it away. The simple truth is that one tree is not going to make you a fortune, making it a bad decision to fell a tree for economic reasons.
Of course, a wood with hundreds of trees is a different story.
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