The first large parcel containing 160 +/- acres of beautiful timber begins at the end of a private road where . All prices are assumed to remain constant for the length of the rotation (crop cycle). This means that the harvesting and transporting of timber systems must be based on the determining factors on a local scale. Clifftop views of New River Gorge Another way is to get a rough idea of the prices by examining the prices of timbers in your state or a surrounding state .etc. After-tax management costs are $2 per acre per year. on General Board, Started by jph Woodland Generally, woodland is not eligible for farm use valuation. Continue with Recommended Cookies. In depth view into Timber Price Index including historical data from 1960, charts and stats. To ensure meaningful connections and conversations, build your personal user profile to showcase your land, interests, services, The state with the cheapest land in the U.S. is Wyoming, where one acre costs an average of $1,558. The timeframe for the tool is the current month plus the next two months. Before getting into the details of how much your acre of timber can fetch you, we will start by looking at what influences the prices of timber, what makes it expensive or less expensive. Using the second strategy from the paragraph above you would multiply 10 by the "All Grades" mean value of 567, equaling $5,670. Accuset 2 Install - More Drama than Expected. A very nice road system is a valuable asset to this tract and provides easy access to many areas of this property. These include furniture, fencing, and roofing, amongst others. Location is one of the significant determinants of timber prices. More giant trees will take up more space in the haulage truck than smaller trees. Land for Sale including Timberland Properties in West Virginia - 1 - 25 of 68 listings Sort 262 acres $379,000 Bracken Creek Road , Nallen, WV, 26680, Fayette County Enjoy the partial description below, and be sure to catch the photos and maps. Multiple species of wildlife, including bears, deer, and turkeys call this place home. To get a good price for your timber in North Carolina, it would be best to contact a forester. Long views of distant mountains and valleys below How Much Money is an Acre of Timber Worth? The Elk River Trails, located nearby, run along the Elk River and has approximately 37 miles to ride, bike, or hike and also provides boat and fishing access at various locations. Visit our Get Connected page, complete the form, and you will be connected with leading timber companies in your area. Leverage the nationwide reach of the AcreValue Network to search for land sales, real estate support, and new potential opportunities ATTRIBUTES AND HIGHLIGHTS Timber Price Index 79.26 for Jan 2023 Overview; Interactive Chart; Level Chart. var ry=Math.floor(Math.random()*myimages2.length) When following this model, thinnings typically remove smaller trees at younger ages and clearcuts remove the remainder of the larger trees at older ages. Required fields are marked *. imagelinks2[3]="https://www.youtube.com/c/TheForestryForum?sub_confirmation=1" This 160 +/- acre tract is a fantastic timber investment with excellent hunting. Pulpwood trees are chipped to make products such as paper. Some obvious and expected trends can be detected from the data above, namely, clearcut harvests of older timber are more valuable per acre. They may also be the best or only way for a landowner to calculate basis for income tax purposes when timber is sold. Actual prices may vary. Not surprisingly, first thinnings of young timber brought lower prices from 2017-2019 due to the smaller trees that were removed; only pulpwood and smaller logs that fall into the chip-n-saw category are harvested at this time. Prices for timber products can vary considerably even from county to county in a specific region based on demand. What Can Influence Current Timber Prices? The tract was timbered around 15 years ago, making this tract a timberland investment opportunity with long term return on your purchase. of your entire investment. - Excellent hunting opportunities In this season, timber-buying facilities would have to pay higher for timber to keep up with their inventory levels. if (ry==0) In turn, some areas will have higher prices than others, because markets exist as a result of their products. - Flats Timber Update helps landowners by connected them with local timber pros, education and by updating landowners on market conditions. Farmland real estate values vary according to agricultural use. Four miles from downtown Fayetteville The value of timber and how much it will go still depends on what kind of harvesting is done and how much timber is sold. Exceptional rock outcrops suitable for climbing Since were talking dollars and cents, its always instructive to stay abreast of market movements during periods of significant turbulence. It may even be the only way to calculate the basis for income tax purposes by the landowner. There is marketable timber on the property and plenty of places to build your dream get-away cabin. You can have as many as you wish This allows great access to boating, jet skiing, fishing, or just enjoying an afternoon on the water with friends and family. A printed and web based quarterly stumpage report is published soon after then beginning of the next quarter. There are a couple of considerations to keep in mind when analyzing the natural pine data: In the chart above, the expected higher stumpage value for clearcut timber sales is evident. For sellers, a trained forester is essential to provide insight into local market dynamics and help determine an accurate amount of merchantable wood that exists on an acre of timberland. To go directly to the property listing, just click the Website link! Task near real-time high resolution SkySat imagery from Planet directly via AcreValue. Various terrain characteristics, mature trees, and abundant wildlife provide great hunting and recreational opportunities. Mixed hardwood saw timber prices in the state averaged $25.5 per ton in the third quarter, up 4% from the previous quarter and up 9% from a year ago. Exceptional rock outcrops suitable for climbing Inventory: Sustaining the correct stock level is essential as far as facility production management is concerned. near you. The log size and per-ton value of a tree go hand-in-hand. Phone: (304) 293-9425 Clear cuts harvest of older timbers is more valuable per acre. Discover 5,282 listings of ranches for sale over 20 acres, under $1M. These historic price data have been compiled from TimberMart-South. When wood companies find themselves paying a premium for wood, the loggers who provide the wood can pay better stumpage prices to those who own the land. Cropland values have fluctuated mostly as a result of fluctuating commodity prices, which have no bearing on timber values. Winding forest trails accessing nearly every part of the property There are more than 250,000 forest landowners in West Virginia," said Frank Stewart, Executive Director of the West Virginia Forestry Association - a non-profit that represents those in the forestry and wood products industry. So it will be wise to engage their services before venturing out to sell your timbers. Between 2019 and 2020, U.S. average cropland and pastureland values both fell by 0.8 percent, to $4,100 and $1,400 per acre, respectively. Various terrain features, including beautiful creeks, rock outcroppings, ridges tops, low gaps, and hollows provide a diverse terrain layout. Property Features: In some cases, they would have to pay higher stumpage prices since they incur fewer expenses on delivery. You can produce carbon credit income by adopting agronomic practices like cover crops, reduced tillage, and longer crop At age 20 years, the intermediate costs C t = 0 and management costs C i = $20 per acre. WHAT MORE COULD YOU WANT. 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. LOOKING FOR THAT SPECIAL SPOT TO GET AWAY FROM THE HUSTLE BUSTLE OF THESE CRAZY TIMES, YOU JUST FOUND IT. } Monroe County (32), West Virginia Average clearcut tons per acre: 87; Thinning harvests generate between 25-40 tons of timber per acre Average thinning tons per acre: 32 . Perfect for shooting sports, ATV riding, horseback, Enjoy the partial description below, and be sure to catch the photos and maps. The property has seven major hollows with several ephemeral creeks creating a diverse and interesting topographically This wild and rugged tract would make a great hunting get away being home to some of the biggest whitetail bucks in the state, as well as great bear and turkey hunting. - Timber Very valuable timber should one decide to conduct a timber harvest - Excellent hunting for deer, turkey, and squirrel Hardwood pulpwood prices rose to an average of $7.9 per ton across the state. Based on these tremendous shifts in the market, I wanted to draft an update of our most popular blog post ever (How Much Money is an Acre of Timber Worth?) The WMA also offers access to the county shooting range, picnic areas, and a boat launch. Measurement of Standing Timber The standing timber in your woodlot has a certain value, which is commonly called the stumpage value. Actual acreage to be determined by survey. Email: ben.spong@mail.wvu.edu, Website Hi, I have a question I'm hoping someone can help me with. Good Hunting tract or homesites , good access. We are integrated with REALSTACK Website Listing Feeds and accommodate many API listing feeds. Season & Weather: When the weather is unfavorable, say during the rainy season, it would become challenging for loggers to supply wood daily. Price per Acre: High to Low; . For additional information, feel free to contact us at any time. Proximity to 5 rivers and 3 lakes. Read this first. These [i] Stumpage is the term used for the purchase price of standing timber and the rights to harvest that timber. Contact. Increase the carbon Many landowners have no idea how much their timber is worth, let alone what to do once their land has been cut. 82+/- Acres Timber and hunting tract , located on Highway 441 . Deer, turkeys and small game call this region home and are plentiful in this area. - Whitetails 26506 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. Fields where carbon farming practices Many more details are available on the Foxfire Realty website. They may also be the best or only way for a landowner to calculate basis for income tax purposes when timber is sold. The property lays really nice, offering many different points and fingers to hunt. Many harvesters will cut up the wood into manageable pieces to fit more into the truck, hence, fewer trips. For most landowners, selling timber is a once-in-a-lifetime or even twice-in-a-lifetime event, so getting the sale right is critical. The larger the scale, the higher the price per unit of wood that can be offered. Timber prices vary by region due to the law of supply and demand. //-->,