Investing in property with marketable timber can be a wise investment when time is taken to truly understand how timber appreciates and how to maintain timberland. To ensure that the timber and land are appropriately valued, it is suggested to work with a timberland expert.
Sometimes, it’s unclear how to determine how much timberland is actually worth. There are different methods to evaluate the cost like the cost valuation method, the soil expectation value (SEV) and the land expectation value (LEV). But, before diving in to evaluating the cost, there are many important factors to take into consideration that will help you know what to look for in timberland.
These are just some of the many ways you can determine the value of your timberland. It can be a solid investment no matter what your goal may be: to add an income stream, diversify your investments or just enjoy the land. Before jumping in, make sure you consult with a forester or timberland expert to make sure you look at every avenue and angle.
United Country Real Estate has experts all over the nation who specialize in timberland, hunting, recreational and vacant land sales. If you want to learn more about timberland properties in your area, visit www.UnitedCountrySPG.com/timberland.
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