What tree is worth the most money?

An African Black Ebony tree from Gabon could be worth a million dollars, if you can find one. Due to its high value many species of Black Ebony are now extinct or on the verge of extinction. The Paulownia may currently be the world's most valuable sustainably harvested hardwood tree.

What is the most profitable tree to grow for lumber?

Good lumber trees include hardwood trees, such as oaks, hickories, pixamaples, birch and cherry, among others. These trees can be harvested when they are 14 to 20 inches in diameter, but letting them grow larger will make them worth more.

What trees are worth money to sell?

Big lots sell better than single trees

Lumber from trees such as red or white oak, black walnut, paulownia, and black cherry is expensive, and a tree in your yard might contain an impressive quantity of wood.

What is the most valuable tree in America?

Sequoia has attained the status of the most expensive wood in the world, costing up to €1500 per cubic metre. The tree, named in honour of the Cherokee chief Sequoyah, is an emblem of the United States. Its habitat is found almost exclusively in North America, more specifically on the coasts of California and Oregon.

Are trees worth money?

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.

#96 How Much Is This Tree Worth Part 2

How do I know if my tree is worth money?

The Ideal Tree

Some factors that determine worth is the grade of the logs, their diameter, how logs can be made from the tree, and any defects. A veneer tree or log is used for products like furniture and therefore appearance is important. Trees used for veneer purposes are the most valuable.

Are oak trees worth money?

An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs. I had a buyer tell me a tree I had marked last week was worth $1,000. That's a rare, veneer white oak growing in excellent soil.

What trees are worth logging?

Some of the most recognized hardwoods include maple, oak, ash, beech, sycamore, alder and cherry. Another important factor in product value is tree size. Trees that are taller and larger in diameter will bring higher sale prices because they have more usable volume.

Are pine trees worth money?

Pine timber generally sells for less than ten cents per board foot. So, a big pine tree might be worth $30. However, on a big well-managed plantation, that could add up to significant value on a per-acre basis.

How much is a black walnut log worth?

Thus, a 22-inch DBH black walnut tree with one 8-foot veneer log may bring $510 (170 board feet x $3.00/ft), whereas a 26-inch DBH black walnut tree with one 8-foot veneer log may command $1300 (260 board feet x $5.00/ft).

Are cedar trees worth money?

The value of a cedar tree depends on its size and condition. A large, old-growth cedar, a rare and beautiful specimen, can command close to $20,000. The cost of a board foot of cedar lumber can range from $4 to $9.

How much is a red oak tree worth?

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. If the twenty inch tree in this example is Black Cherry the value would be $349.00, which is an average of $1,551.00 per thousand board feet.

How profitable is a tree farm?

If you buy in bulk, the price can be low as 6 cents per seedling. Once the trees are full-grown and ready to be harvested, they can yield you $3000 an acre, but there's a catch. “Trees are a good investment, it's just a long-term investment,” South Carolina Tree Farm Committee Chairman Dr.

What is the most profitable timber?

How much are mature walnut trees worth?

"Bigger trees have more board-feet volume, so there is more value. The most valuable trees I've seen in my 35-year career have been over 30 inches in diameter and larger." For example, a black walnut that is Grade A veneer at 19 inches diameter will be worth about $700 or $800.

Are maple trees worth money?

Generally, we apply about 25 to 35 cents. As stated above, sugar or hard maple is more valuable selling for ten to eighty cents per board foot, depending on current markets and the quality.

How much is a cherry tree worth?

Cherry is most valuable in veneer log form, and prices up to $700 per thousand board feet are being paid for the best logs.

Are hickory trees worth money?

High-quality hickory logs are certainly on-par with red oak species—some instances more valuable, some instances less valuable. This of course depends upon who purchases your standing timber and the quality of your trees. White oak and black walnut are still pretty hot right now!

What is the most valuable hardwood tree?

African Blackwood

It is considered as the most expensive wood in the world because not only it is challenging to work with hand or machine tools, its trees are already near-threatened. But as expensive as it may seem, African Blackwood is worth the price.

How much lumber can you get from a tree?

For the sake of discussion, consider an average mature fir or pine tree with a height of 80' and a diameter of 2'. Using the calculation detailed above, you will find that its lumber yield is about 754 board feet. And if you require 16,380 board feet to frame the average home, almost 22 mature firs will be needed.

How do I sell a large oak tree?

Contact any buyers by telephone and tell them you are auctioning an oak tree. Mention the tree's size and offer to provide pictures. Call any other potential buyers. Oak is a fine choice for furniture and artisan woodworking, so consider wood shops, woodworkers, artists and other craftsmen.

What is a white oak tree worth?

One estimate of its value can be found by multiplying the mean reported for no. 1 common White Oak (425 for Spring of 2012 and 482 in the Fall) by 10 (10,000 board feet divided by 1,000). So you're White Oak is likely worth about $4,250.