Global trade of softwood logs plunged by 20% during the first half of 2022 year-over-year (YoY). It may even be the only way to calculate the basis for income tax purposes by the landowner. Your email address will not be published. An internal trail system allows for side-by-side or ATV access to many areas of this property for hunting or recrea, Enjoy the partial description below, and be sure to catch the photos and maps. For a quick comparison of the two, the table below illustrates clearcut values of sawtimber-sized logs from both plantation and natural timber stands over the last three years. //-->. The Department of Natural Resources' (DNR's) Timber Sale Web Search Application helps prospective purchasers identify state timber sales that meet their needs. Due to the recent covid19 crises, the prices of timbers have been inconsistent. There are numerous areas for food plots and potential locations for a future home or cabin with electricity nearby. But while saw timber pulp and pine saw an increase in prices, saw timbers and chip n saw stumpage prices were considerably down. The price of wood goes up if the mills need wood, and if they dont, then the prices go right down. What Is My Timber Worth, and How Do I Sell It. Manage Settings A quarter mile from Adventures on the Gorge Orders are 5km x 5km at 50cm resolution. Buying timber land is a great investment because it is not as risky and volatile as cropland investments. The demands for timbers are mostly influenced by some important attributes like surrounding mill types, proximity to mills, the quality of the timbers, the volume of the timbers, and the location amongst other factors. A consultant providing professional services is often required to be registered or licensed within the state in which the service is offered. The average price per acre in the United States, in 2020 was $3,100. Sold 160 Acres These values are per thousand board feet (MBF) measured with theDoyle log rule. are used can experience higher productivity than the indicated productivity rating. Competition Ultimately, timber markets are driven by competition. Like thinnings, clearcut values per acre for timber in the higher-value age classes all decreased in 2019, also a sign that supply outstripped demand. The WMA also offers access to the county shooting range, picnic areas, and a boat launch. Many more details are available on the Foxfire Realty website. Historic Virginia timber stumpage (standing timber) prices are useful in assessing current market conditions. The appraiser will place a current market value on the target property as a whole based on a comparable analysis of three recent sales of similar and close-by properties. } These include: total acreage to be harvested, species, age, size, quality (straightness), condition of forest roads, accessibility, distance to mill, terrain, and demand. LOCATION Your email address will not be published. Superb recreational opportunities in the heart of the New River Gorge water sports mecca The 2019 West Virginia timber price report includes the average price paid for standing timber for 2017 and 2018 within five tax regions of the State. This kind of information can be very useful in determining emerging market trends, which can be used to guide operational and strategic planning for both sellers and purchasers of pine timber. Find land and connect with real a estate agent to buy or sell property. and may result in loss. . Many more details are available on the Foxfire Realty website. Usually, wood companies will ensure the haulage truck is filled since this would mean the use of fewer trucks or making fewer back and forth trips. Proximity to 5 rivers and 3 lakes. The average stumpage price is $1800 per acre in total. Explore Forest2Market's Interactive Business Intelligence Platform. Multiple species of wildlife, including bears, deer, and turkeys call this place home. There is a lot of applications timber can be used for. 61 UNRESTRICTED ACRES -- VERY PRIVATE. The SRS strongly suggests that before entering into any transaction with an individual or a business, you ask for the names of those who have done business with the individual or firm so that you verify quality of services provided to others. Cropland values have fluctuated mostly as a result of fluctuating commodity prices, which have no bearing on timber values. BEAUTIFUL MATURE TREES. It gets better if the timberland is close to the mills and the roads they travel on are in good condition. Come see this beautiful 16-acre property with breathtaking scenic views. LONG RANGE VIEWS IN THE WINTER, SPRING, AND FALL. //specify random images below. Exceptional rock outcrops suitable for climbing The clearcut price per acre on natural pine stands is slightly higher due to the presence of some hardwood sawtimber that is harvested along with the pine during a clearcut, which carries a higher price than pine in the current market. In the quarter year of 2021, Timbers saw an upward surge in price, the prices were about $30.9ton. More giant trees will take up more space in the haulage truck than smaller trees. The trails will take you to most areas of this property with ease and also create a pastime that can be enjoyed with friends and family. Discover 4,705 listings of land for sale over 1 acres, under $3.5K per acre. OVERVIEW - Whitetails Deed Information:Part of the property in DB 93 Pg. To ensure meaningful connections and conversations, build your personal user profile to showcase your land, interests, services, Morgantown, As such, they only serve as reference points and are not the exact prices landowners will be paid for their timber. For specifics, check out the previous FAQ about price by region. There is marketable timber on the property and plenty of places to build your dream get-away cabin. Sold 82 Acres ATTRIBUTES AND HIGHLIGHTS Products Some geographical areas are known for specific products that may not grow well elsewhere. The first large parcel containing 160 +/- acres of beautiful timber begins at the end of a private road where . Adjoins the 900,000 acre Monongahela National Forest Winding forest trails accessing nearly every part of the property Woodland Generally, woodland is not eligible for farm use valuation. The pine timber stands in this area consist of timber derived from almost the same age trees. Past performance is no guarantee of future results. Land legacy of outstanding wildlife. Additionally, foresters know what questions to ask when it comes to the timbers present fair market value. New River Gorge National Park and Preserve only 30 minutes away var ry=Math.floor(Math.random()*myimages2.length) The blend of a mature hardwood forest and field is ideal for residential and for experiencing many recreational activities including equestrian, raising livestock crops gardens, hiking, nature viewing, and stargazing. Property Features: Using Timber Update is free and easy! If a mill can only get the product it needs in Region A, you can bet theyre not going to build a mill or buy wood in Region B. The property is located directly above the home at: 1509 Short Creek Rd, Racine, WV 25165. Pulpwood trees are chipped to make products such as paper. However, second thinnings in the 21-25 age class typically remove more than just pulpwood, including larger chip-n-saw logs and smaller-diameter sawtimber. West Virginia University Depending on why you need the land cleared, what needs to be removed, and the acreage of the land, you could see prices as low as $500 for a quarter-acre and as high as $7,000 for a full acre lot. $300,000 in ready to harvest timber to help offset purchase and holding costs. Pine pulpwood refers to small trees or trees otherwise not suitable for sawing into lumber. I also analyzed US South prices for natural pine stands by harvest type (concise age class data is unavailable for these harvests). myimages[3]="../../../images/top-banner/LX25-FreeShipping.jpg" HIGHLIGHTS Knowing the price of timber will help you in knowing how to get your timbers sold for a good price without overcharging the buyers or undercharging them. If you are looking for a piece of land with great access, give the Listing Agent, Kirk Price a call. Superb recreational opportunities in the heart of the New River Gorge water sports mecca function random_imglink2(){ Timberland owners in the US South who manage their land for timber production predominately manage for the growth of large pine logs. hbspt.cta._relativeUrls=true;hbspt.cta.load(299583, '4c344714-8bd4-4eef-9ee7-ef4fbd63d5a6', {"useNewLoader":"true","region":"na1"}); Subscribe to Forest2Market's email updates, right in your email, North America - Charlotte Headquarters+1.704.540.1440. Southeast (Tennessee, South Carolina, Georgia, Alabama, Mississippi and Louisiana): $2,492 per acre While cropland values affect the hunting land values in the Midwest and North significantly, timber is the dominant commodity down South. The price report provides state-wide, average standing timber prices for pine, oak, and mixed hardwood sawtimber, pine chip-n-saw, and pine and hardwood pulpwood. There can be cheaper land in some locations with an average cost of around $1,000-$5,000 per acre, and these are areas that have no timber or structures. 2023 Timber Update, LLC. Close to the 70,000 acre New River Gorge National Park and Preserve - Americas newest National Park Cropland maintains a premium over pastureland due to mostly higher per-acre returns to crop production. As detailed in the data above, there can be significant yearly swings in timber prices based on product type, age class and harvest type. Location is one of the significant determinants of timber prices. Please consult with your legal and financial advisors before The original blog post analyzed values based on a rolling 12-month time frame. Average clearcut tons per acre: 87; Thinning harvests generate between 25-40 tons of timber per acre Average thinning tons per acre: 32 . For more information read ourGeneral DisclaimersandSecurities Matters and for a more complete description of these investment risks clickhere. Timber Transportation costs are usually in the order of 10c/km/ton. In addition to hunting for deer, turkeys, bears, and small game, this tract features direct access to the 1,425-acre Upper Mud River Wildlife Management Area and the 306-acre Upper Mud River Lake. Proximity to 5 rivers and 3 lakes. Timber Update exists to give landowners access to timber companies that compete for your business. with a state-wide average timber value of $2,342 per acre toe, up to $56 per acre from the last survey. AcreTrader, Inc. is not a registered broker-dealer, investment adviser, or crowdfunding portal under Regulation CF. var myimages=new Array() price variations are influenced primarily by discretionary income because timber generates little to no income. Though, the average price will be around $16,300 per acre. The tract was timbered around 15 years ago, making this tract a timberland investment opportunity with long term return on your purchase. In 2018, Hurricane Michael directly affected more than 3.5 million acres of timberland. To get a clear idea of how much timber is worth per acre, you need first to understand the market forces (demand and supply) and see how that can influence the price of timber. Those who own timberlands in the southern parts of America concentrate on producing larger pine logs. Perfect for shooting sports, ATV riding, horseback riding, hiking, OVERVIEW There is an excellent stand of timber on this property as well with a lot of it being quality oak timber. Looks are receiving, you may think timber is of good quality just because it looks good, and at the end of the day it may not be worth much. . Use the tree value calculator as a timber value calculator to calculate the value of timber lands by the acre. Ft. 4713 Tameo Ct, Glen Allen, VA 23060. It costs you nothing to get connected with a company in our network. Access nationwide GIS plat map. Hover over the chart to view values by county. However, there are a couple of notable trends as well: Individual age class data is unavailable for natural stands of timber, however, the harvest information of natural pine stands illustrates similar price-per-acre ranges as the plantation pine harvest data. May not grow well elsewhere of softwood logs plunged by 20 % during the first half of 2022 year-over-year YoY... Crowdfunding portal under Regulation CF prices, which have no bearing on timber values and a launch! 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