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Value of 10 year old Sitka Spruce Plantation (40 acres)

  • 09-02-2012 2:48pm
    #1
    HillFarmer
    Registered Users, Registered Users 2 Posts: 580 ✭✭✭


    Hi all,

    Just wondering on the value of 40 acres of sitka spruce forestry ( 10 years old)

    Its come up for sale near me, WHat is it worth. He says theres 10 years premium left on it.
    Peaty land, wouldnt have been very well maintained either Id say.
    Any foresters on here with an idea..?

    Thanks


Comments

  • #2
    greenfingers89
    Closed Accounts Posts: 262 ✭✭greenfingers89


    HillFarmer wrote: »
    WHat is it worth. He says theres 10 years premium left on it.
    Peaty land, wouldnt have been very well maintained either Id say.

    impossible to value, how much are the premiums worth? they could be around €7,000 a year or half that. have you a herd number in order to receive these grants. the other reason its impossible to value is because of the quality of it, you say it wasnt well maintained...does this mean it has a dodgy fence and a bit of rhododendron through it or does it mean you need to spend a massive amount of money on fertiliser in order to ensure a decent yield of timber. also whats the access like? is it in an isolated area or close to a sawmill? what area of the country is it in (roughly)?

    all in all it could be worth as much as €180,000 or as little as €40,000


  • #3
    HillFarmer
    Registered Users, Registered Users 2 Posts: 580 ✭✭✭HillFarmer


    4500 per annum is the premium.

    Well fenced, no rhododandrms, but some of the trees would require fertilizer id say. I'm a farmer so ya, have herd number flock etc.

    Its on side of the road, so theres good access and its near my farm, so it would be nice to have an investment so near.
    Still waiting for an asking price on it though!


  • #4
    greenfingers89
    Closed Accounts Posts: 262 ✭✭greenfingers89


    HillFarmer wrote: »
    some of the trees would require fertilizer id say.near my farm, so it would be nice to have an investment so near.

    some of the trees? what does that mean? 25 acres or 2 acres? requiring phosphate and urea or just urea? does it require paths to be cut to allow proper fertiliser application? id much rather have a good investment 2 hours away than a dodgy investment down the road.

    it would be madness to buy it without having a forester look at it and an idea of cost involved in putting it (somewhat) back on the right track to producing a decent crop. if you are thinking that if you get it cheap enough then its still a good but either way id be wary. if trees are struggling now they could go into check and stop growth altogether (might already be in check by the way). this means no timber, ever. so think twice about not fertilising it


  • #5
    blue5000
    Moderators, Society & Culture Moderators Posts: 12,754 Mod ✭✭✭✭blue5000


    OP how thick are the trees at the height of your chest? I'm not a forester but I reckon they should be around 10cm diameter at this stage.

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • #6
    greenfingers89
    Closed Accounts Posts: 262 ✭✭greenfingers89


    blue5000 wrote: »
    OP how thick are the trees at the height of your chest? I'm not a forester but I reckon they should be around 10cm diameter at this stage.

    wouldnt rely too much on that advice.

    yield class varies from 14 to 30 on whats called commercially productive sites in ireland, the range and variation is huge. therefore if its a site classification of YC 26 and trees are 10cm DBH than there may be a problem. however if its a site classification YC14 then the parameters change considerably


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