Value of forestry

octo

Hi Folks, maybe this is an impossible question, but....

I'm thinking of selling a small plantation I inherited (the annual premium has run out and it's too much hassle to upkeep).

Do any of you have a sense of which way the value of forestry is going - up or down? I'm trying to decide if it's a good time or not.

Grateful for all you knowledgeable input

nigelm485

Well there is many factors to take into consideration when estimating the value Of the forest,
What age is it
species
Size
Volume
Yieldclass
location
And the management processes it has been in, eg thinning,inspection paths.

fergus1001

nigelm485 wrote: »

Well there is many factors to take into consideration when estimating the value Of the forest,
What age is it
species
Size
Volume
Yieldclass
location
And the management processes it has been in, eg thinning,inspection paths.

Agree with this

Need more info to advise you

nigelm485

If you fill in this required inFo myself and fergus will be able to give you an indication on price

octo

Thanks lads

It's roughly divided into two parts. Planted winter 1993/94.

1. Norway spruce, 12 acres, thinned once. Due a second thinning soon.
2. Oak, 11 acres

• Other trees also mixed in: scots pine, japanese larch, sycamore
• I don't know about about yield class.
• Location, Laois. Good road access

fergus1001

octo wrote: »

Thanks lads

It's roughly divided into two parts. Planted winter 1993/94.

1. Norway spruce, 12 acres, thinned once. Due a second thinning soon.
2. Oak, 11 acres

• Other trees also mixed in: scots pine, japanese larch, sycamore
• I don't know about about yield class.
• Location, Laois. Good road access

Where in laois are you based? I'm in monasterevin myself

octo

fergus1001 wrote: »

Where in laois are you based? I'm in monasterevin myself

Mountrath!

locky76

It's worth around €80k...

octo wrote: »

Thanks lads

It's roughly divided into two parts. Planted winter 1993/94.

1. Norway spruce, 12 acres, thinned once. Due a second thinning soon.
2. Oak, 11 acres

• Other trees also mixed in: scots pine, japanese larch, sycamore
• I don't know about about yield class.
• Location, Laois. Good road access

octo

Thanks lads for the feedback. But I'm trying to figure out the direction of the market. I know predicting the future is a fool's game, but how has it been going in recent times? Up? Down? Stagnant?

Also, who buys small forestry lands? Local farmers?

fergus1001

octo wrote: »

Thanks lads for the feedback. But I'm trying to figure out the direction of the market. I know predicting the future is a fool's game, but how has it been going in recent times? Up? Down? Stagnant?

Also, who buys small forestry lands? Local farmers?

I will pm you a number of a lad who would deal with this sorta thing

locky76

octo wrote: »

Thanks lads for the feedback. But I'm trying to figure out the direction of the market. I know predicting the future is a fool's game, but how has it been going in recent times? Up? Down? Stagnant?

Also, who buys small forestry lands? Local farmers?

• anyone has has an interest in an investment outside of the usual
• someone local with a few quid to spare

Advertise it in the farmers jorunal and you'll get a quick straw pole as to who would be interested, well worth the €15 it costs.
Also try forest sales.ie, i think it's Paul Lafferty.
Finally get Teagasc out to have a look at it, I think it's Liam Kelly for that area, he'll tell you within €5k what it's worth...
Stay away from auctioneers, I was looking to buy a place a few years ago and the amount of binding agreemenst they got people to sign was criminal (in my opinion), in that you were locked into them as regards selling the place for a set number of years if you wanted it to go on thier books.

kingchess

just being nosy but how much would it be worth if he waited until the forest is matured and ready to cut??.reason I asking is I know a guy who has 10ha of sitka planted in 96 ,never thinned, who is thinking of selling and I reckoned he be better off keeping until mature,