Hey outdoor board. I imagine there are some timber experts on here... My wife and I recently went under contract on a 66 acre lot of land in Quinton AL. We didn't buy the lot for the timber value, but searching google earth we noticed it has been clear cut about 21 years ago and want to see if there is some value there. We are currently speaking with some local foresters to get a timber appraisal before closing, but they have all been hesitant to give any indication on potential value... Using google earth it looks like 40 acres was forested in the past. It appears to be a mix of pine and other species, with pine making up about 50%-60% of the 40 acres. It doesn't look to have been maintained or thinned in any way. The old timber roads are still there, but probably need some work.
What could we conservatively expect to net from a timber sale like that? I understand the timber appraisal will give us a more indicative value, but just want to understand ballpark value in the meantime. Thanks in advance!
What could we conservatively expect to net from a timber sale like that? I understand the timber appraisal will give us a more indicative value, but just want to understand ballpark value in the meantime. Thanks in advance!