What is tree value?
Trees are an Investment They beautify our surroundings, purify our air, act as sound barriers, manufacture precious oxygen, and help us save energy through their cooling shade in summer and their wind reduction in winter.
How do you calculate the value of a tree?
The formula is: Tree Value = Base Value x Cross-sectional Area x Species Class x Condition Class x Location Class Base Value is the dollar amount assigned to 1 square inch of a tree’s trunk cross-sectional area and is typically based on the cost of the largest available replacement plant of the same species.
What trees are worth money?
African Black Ebony is the most valuable wood in the world. A large, old growth tree could be worth a million dollars, but the last of these was probably cut down more than 50 years ago.
How much is a tree worth for lumber?
The total volume of the tree would be 225 board feet. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. A fourteen inch Red Oak with a grade 3 rating would be worth $12.00 for an average price per thousand board feet of $265.00.
Why do we value tree?
Trees prevent contamination of soil. They improve the quality of water underground. They provide natural shading, extract carbon-di-oxide, offer oxygen. A few trees in a neighbourhood can make the whole place much cooler.
How much is a full size tree worth?
They have found that a single tree provides $73 worth of air conditioning, $75 worth of erosion control, $75 worth of wildlife shelter, and $50 worth of air pollution reduction. Compounding this total of $273 for fifty years at 5% interest results in a tree value of $57,151.
What trees are the most valuable?
The 5 Most Expensive Trees in the World
- Sandalwood– $20,000 per tree.
- African Blackwood– $10,000 per kilogram.
- Agar Wood– $10,000 per kilogram.
- Bocote– $30 per board.
- Pink Ivory– $8 per board.
What is the value of a tree according to you?
As per the report, a tree is worth Rs 74,500 a year. Out of this, the cost of oxygen alone is Rs 45,000.
What are the 10 benefits of trees?
Top 10 Benefits of Trees
- Oxygen Provider. One day’s worth of oxygen for a family of four is provided by a single tree.
- Money Saver.
- Power Investor.
- Emission Combater.
- Air Purifier.
- Natural Coolant.
- Stress Reducer.
- Energy Saver.