TREE VALUES – Final Part

The International Society of Arboriculture publishes in its tree care website the following guidelines on planning for a beautiful, valuable landscaping for all needs. At ABOVE AND BEYOND – TREE SERVICE we can help you planning your next tree project!  Contact us if you have any questions!

Four Factors in Professional Valuation of Trees and Other Plants

Size. Sometimes the size and age of a tree are such that it cannot be replaced. Trees that are too large to be replaced should be assessed by professionals who use a specialized appraisal formula.

Species or classification. Trees that are hardy, durable, highly adaptable, and free from objectionable characteristics are most valuable. They require less maintenance; they have sturdy, well-shaped branches, and pleasing foliage. Tree values vary according to your region, the “hardiness” zone, and even state and local conditions. If you are not familiar with these variables, be sure your advice comes from a competent source.

Condition. The professional will also consider the condition of the plant. Obviously, a healthy, well-maintained plant has a higher value. Roots, trunk, branches, and buds need to be inspected

Location. Functional considerations are important. A tree in your yard may be worth more than one growing in the woods. A tree standing alone often has a higher value than one in a group. A tree near your house or one that is a focal point in your landscape tends to have more value. The site, placement, and contribution of a tree to the overall landscape help determine the overall value of the plant attributable to location.

All of these factors can be measured in dollars and cents. They can determine the value of a tree, specimen shrubs, or evergreens, whether for insurance purposes, court testimony in lawsuits, or tax deductions.

Checklist

These steps should be taken before and after any casualty loss to your trees and landscape. Taking them can improve the value of your investment in nature’s green, growing gifts and prevent financial loss should they be damaged or destroyed.

  • Plan your landscaping for both beauty and functional value.
  • Protect and preserve to maintain value.
  • Take pictures of trees and other landscape plants now while they are healthy and vigorous. Pictures make “before and after” comparisons easier and expedite the processing of insurance claims or deductions for losses on federal tax forms.
  • Check your insurance. In most cases, the amount of an allowable claim for any one tree or shrub is a maximum of $500.
  • For insurance, legal, and income tax purposes, keep accurate records of your landscape and real estate appraisals on any losses.
  • Consult your local Plant Health Care professional at every stage in the life cycle of your landscape (planning, planting, care) and to make sure you do not suffer needless financial loss when a casualty strikes.
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