• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Do Mature Trees Add Value To A Property?

Status
Not open for further replies.
There was a cottage industry of arborists who have a "chart" which indicates a tree of X species is worth X times its diameter. In terms of real market value, it is complete BS. In our state we have an appraiser-forester whose number is 002 and he specializes in blowing holes through such arguments in court. He has saved cities and others thousands of dollars paying ridiculous prices trying to widen streets because this $36,000 tree needs cut down (which is hard to reconcile in places where a bare lot is $10,000). Turns out the tree is often worth nothing. In your case is seems to be a safety and maintenance headache.

I screwed up in my own yard with a beautiful sugar maple I planted 25 years ago too close to the house. I need to cut it down. And I compounded the error with another tree which I should never have planted anywhere that needs mowed as the roots sprawl everywhere on the surface. Both will disappear this winter and I will replace them with dwarf fruit trees or shrubs, and plant a larger tree further away.

Also, as expensive as it can be to dispose of such trees and grind the stump, often a larger tree may even subtract from value especially if it detracts/ distracts from the view of the dwelling.
 
The arborist may have been referring to the cost of replacing the tree; i.e., what the arborist would charge for it. Trees can add value to a property, but it is dependent on the factors in a particular market area.

Before cutting it down, you might want to check with the arborist to see if he/she is interested in purchasing it. In the market area I work, landscaping wholesalers/retails will actually buy and remove various specimen trees from properties.
 
We have a huge ash tree in the front yard that throws down leaves, seeds, sticks, bird sap, and tree crap.
On the plus side it provides shade for the house, keeps things a little cooler as it is on the south side, and looks great.
But, I don't see it making an identifiable difference in the market value.
If you want it gone, chop it down. Maybe plant something else to fill the gap in your landscape. o_O
 
Hey Rex, what does a willow oak tree sell for per board foot? That would be considered personal property wouldn't it?

The guy that's going to cut it down said he can take $300 off if he doesn't have to haul it. If he'll cut it up in to manageable pieces, I can post the pile on craigslist for free and it will be gone in 24 hours I bet.
 
It all depends...as usual! I agree that I have never given value for a single tree but I have added value for a timbered lot vs one with no trees. Just depends on YOUR MARKET!
 
I can post the pile on craigslist for free and it will be gone in 24 hours I bet.


Bit of advice...

Make a stack of the really nice, straight pieces, the best firewood pieces. Set it aside. When someone comes to get the wood tell them that they have to take all the other wood before they get that pile.

Otherwise someone will take the really good firewood and leave the large, stumpy, knarly, junk for you to dispose of.

Been there, learned the hard way.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top