The number of cords or board feet of each given to suggest a practical way to summarize 



forest product multiplied by the unit stumpage 

 values yields the additional value that must be 

 added to the bare land value. 



The accompanying appraisal illustrations are 



the field appraisal of a forty acre description. 

 All the basic information is shown and may 

 be set up in such a manner as to provide a 

 permanent assessment record. 



Table 3. — Volume per acre by stand size and stocking class 



Size class 



Diameter 

 range 



Volume 

 range 



Stocking 



Good 



Medium 



Poor 



Seedlings 



Saplings 



Pole timber 



Small saw timber. 



Large saw timber. 



Inches 



0-1 



1-5 



5-9 



9-15 



15- 



Low 



Average 

 High... 



Low 



Average 

 High... 



Low 



Average 

 High... 



Low 



Average 

 High... 



Bd. ft. 





 

 



700 

 1,400 

 1,500 



6,000 



7,700 

 10,000 



10,000 

 14,850 

 18,000 



Cords 

 





 2.5 

 2.9 



13.0 

 20.0 

 24.0 



18.0 

 22.9 

 26.0 



24.0 

 33.5 

 40.0 



Bd. ft. 





 

 



500 

 1,000 

 1,500 



3,000 

 4,950 

 6,000 



5,000 



8,100 



10,000 



Cords 

 





 2.2 



2.8 



7.0 

 12.1 

 12.9 



13.0 

 17.6 

 20.0 



17.0 

 21.2 

 26.0 



Bd. ft. 





 

 



200 



990 



1,200 



1,500 

 2,800 

 3,000 



1,500 

 4,140 

 5,000 



Cords 









 1.5 

 2.0 



3.0 

 5.2 

 7.0 



5.0 

 10.9 

 13.0 



6.0 

 12.1 

 16.0 



Table compiled by Paul C. Guilkey, Research Forester, U.S.F.S. 



Volume I 1-65 



APPRAISAL ILLUSTRATIONS 



40 Acres 



Aspen 



5"-9" 



Medium Stocking 



High Volume 



Value of Land: 40 Ac © $3.00 

 Value of Forest Products: 



40 Ac © 13 Cords/Ac = 520 Cords 



520 Cords © $2.00 = 

 Value of Forest Land (F 2 ) = 



$ 120 



1,040 

 $1,160 



30 Acres 



Norway Pine 



9"-15" 



Medium Stocking 



Low Volume 



10 Acres 



White Pine 



9"-15" 



Poor Stocking 



Low Volume 



Value of Land: 40 Ac @ $5.00 = 

 Value of Forest Products: 

 Norway Pine: 30 Ac © 3M Bd. Ft. =90 M Bd. Ft. 

 90M Bd. Ft. ©$20.00 = 

 White Pine: 10 Ac © 1.5 M Bd. Ft. = 15 M Bd. Ft. 



15 MBd. Ft. ©$22.00 = 

 Value of Forest Land (F 2 ) = 



$ 200 



1,800 



330 



$2,330 



40 Acres 



Aspen 



l"-5" 



Good Stocking 



Low Volume 



Value of Land: 40 Ac © $4.00 = 

 Value of Forest Products: 



No Merchantable Products = 

 Value of Forest Land = 



$ 160 



None 

 $ 160 



Note: The above values and unit prices are for illustra- 

 tion only and are not meant to be a standard or average 

 value. 



The above examples illustrate the valuation 

 process for forest lands where the market value 

 is influenced by the forest products on the land 

 and the capability of producing such forest 

 products. Where market value is also influenced 

 by recreational or scenic factors such influence 

 must be carefully ascertained and recognized 

 by the assessor. 



If forest lands sought for recreational and 



scenic uses brings a higher price than similar 

 forest land similarly located; and if a recog- 

 nizable pattern or trend for such uses has been 

 established, the assessor has no alternative but 

 to recognize the higher value in making his 

 assessment. If a problem similar to that en- 

 countered in the assessment of urban agricul- 

 tural land is present, the same discounting proc- 

 ess described there may be applied to forest 

 lands which are located in a recreational area. 



■fr U.S. GOVERNMENT PRINTING OFFICE: 1967 0— i(S-J!5 



91 



