Timber value calculator washington state. It can be used to estimate value increase, value summaries in timber inventories, and to evaluate different forest management alternatives. Salvage value is the estimated fair value of a capital asset, infrastructure or otherwise, remaining at the conclusion of its estimated useful life – after considering the cost of demolition or removal. The tree value calculator allows you to estimate the worth of your tree and its possible compensation. High-quality timber, with few defects like knots or rot, is more valuable because it yields more usable wood. The rules include measures: 1) revising the stumpage value tables, as required every six months, to apprise timber harvesters of the timber values to calculate the timber excise tax from Jan. Stumpage prices are different from log or lumber prices because it is reflects price of the trees prior to harvesting, transport, and milling. In place of a property tax on trees, timber owners pay a 5 percent excise tax on the stumpage value of their timber when it is harvested. Since tax rates are stated in terms of dollars per $1,000 of value, the 1% limit is the same as $10 per $1,000 and is often referred to as the $10 limit. Stumpage Prices by State and Province Stumpage is the price paid by loggers for the right to harvest standing timber, and it is the best way to estimate the value of your timber. These standards measure a tree’s worth in dollars based on the quantity and quality of the expected yield in 4/4 lumber. . 1982 The excise tax was extended to timber harvested on state and federally owned lands with receipts from public lands going to the State General Fund and receipts from private lands going to local governments. Updated on November 14, 2025 ** Unusable logs delivered to the mill are discarded as firewood and will not be set aside for later retrieval ** the Small Harvester Return, where the taxable stumpage value is the transaction value of the timber, defined as the gross mill price minus allowable documented harvesting and marketing costs or if actual harvesting and marketing costs are unknown use the Department allowance of 35 percent of gross mill price. Timber Sale Query The Department of Natural Resources (DNR) offers an online tool to help you find state timber sales that meet your needs. This 24-page publication describes simplified methods for estimating timber volumes and values, and is designed to help landowners/loggers understand how the economic value of timber is determined. To calculate the proportionate value of each timber product, divide the appraised value of the product by the total appraised valued of the property. Competition takes place between facilities selected on the Facilities tab, with the biomass going to the facility that maximizes residual value. This annual report provides the volume of logs that were harvested from public and private forests, as well as giving species and county breakdowns. the Small Harvester Return, where the taxable stumpage value is the transaction value of the timber, defined as the gross mill price minus allowable documented harvesting and marketing costs or if actual harvesting and marketing costs are unknown use the Department allowance of 35% of gross mill price. Use the Tree Value Calculator to compare the value of individual hardwood trees like maple, cherry, or walnut that may be grown commercially in a long-rotation plantation. Press calculate to see the average property tax rate, along with an estimate of the monthly and yearly property tax costs. Accordingly, both the public policy and the public interest of this state and sound principles of timber valuation require that in the determination of the true and fair value in money of such properties appropriate and full allowance be made for such continuous and accumulative burdens over the period of time between assessment and harvest. Happy with our tree tool? 🌳 Let it become the beginning of a beautiful journey! We share how you can calculate timber value per acre, what prices you can command, and how much money you can get from logging on your land. If you have a question about the appropriateness of the tarif system management decisions regarding your timber stand—or if you need help with a complex situation—contact the Extension forestry agent who your county, or your state service forester from the Oregon Department Steve Bowers, Extension forestry Forestry, or a consulting forester. Estimates of volume and growth are helpful in planning when to harvest or how much to remove in a thinning operation. The following stumpage value tables are used to calculate the taxable value of stumpage harvested from July 1 through December 31, 2025: Washington State Department of Revenue WESTERN WASHINGTON STUMPAGE VALUE TABLE July 1 through December 31, 2025 Estimate what your land may be worth using recent data and average price per acre by state. Free and easy to use. Hardwood timber can be incredibly lucrative. Report Highlights More than 2. Use SmartAsset's capital gains tax calculator to figure out what you owe. 1, 2022, through June 30, 2022; and 2) adjusting the table of forest land values that county assessors will use for property tax purposes in 2022. This chapter discusses economic impacts and methods used to calculate them, how to distinguish impact studies that were done well from those that were done poorly, and appro-priate use of values calculated in impact studies. Properly evaluating timber involves more than just a glance at the trees, it requires a deep understanding of factors that affect market value, such as species, timber quality, volume, market conditions, and land accessibility. This applies to all dealer sales of new and used vehicles throughout the state. State Sales Tax (6. Industry guides Events and workshops Watch a video Audits Forms & publications Forms by name Forms by subject Publications by name Publications by subject Subscribe to receive notifications | Taxpayer rights and responsibilities | Your privacy | Accessibility | DOR staff only Washington State Department of Revenue and its licensors. The distance to and from the mill is directly proportional to a timber companies overhead. Studies on economic impacts from invasive species vary in their rigor and usefulness for informing policy decisions. Distribution of timber tax The 5% timber excise tax collected by the Department of Revenue is composed of a 4% county tax and a 1% state tax. The sale was not subject to an income or excise tax by another jurisdiction. Understanding Washington’s Tax Structure 1. New tables are produced twice a year with historical prices available back to 2000. And as such they can be separated into four major types: Ad valorem property tax - the value of the WACs > Title 458 > Chapter 458-40 HTML has links - PDF has Authentication Print This Page Complete Chapter HTML PDF Including dispositions (2) Stumpage value tables. Uses: Back to Top For loggers, it gives a quick estimate on timber values. Find USPS locations like Post Offices, collection boxes, and kiosks so you can send packages, mail letters, buy stamps, apply for passports, get redeliveries, and more. In this case the landowner retains the ownership of their property and simply sells the standing timber to CFR. Let's look into the factors that determine how much an acre of hardwood timber is worth. The tree value is how much the tree is worth. The further they have to travel, the more gas they will use and the higher their costs will be. Use our Timber Value Calculator to estimate timber worth with precision. The total appraised value of the property is $225,000, which could also include buildings; fence; merchantable timber, as identified above; bare land; and a young, non merchantable tree plantation. You may also be eligible for reimbursement for the compliance costs for participation in this program which may include the cost to mark the streamside buffer trees that are a part of this application. The distance your timber has to travel before it reaches the mill is taken into account by timber companies when bidding for your timber. 4 million acres of forested state trust lands. It helps fund capital projects, voter-approved bonds, school maintenance and operations, county roads, libraries, and fire districts. You may owe capital gains taxes if you sold stocks, real estate or other investments. The county portion is distributed to the county where the timber was harvested. 5% of the purchase price, identical to the general sales tax rate. The following stumpage value tables are used to calculate the taxable value of stumpage harvested from January 1 through June 30, 2022: Washington State Department of Revenue WESTERN WASHINGTON STUMPAGE VALUE TABLE January 1 through June 30, 2022 Stumpage Values per Thousand Board Feet Net Scribner Log Scale (1) Starting January 1, 2019, there are no Haul Zone View Larger Map… Are you looking for timber buyers in the State of Washington? As part of our business CFR engages in the buying of standing timber in Washington State. How are exemptions to the capital gains tax applied? The Timber Cruising Handbook is the result of more than a year’s worth of collaboration and contributions by Department cruisers and staff. To find estimated lumber value, use 0 as a conversion cost. Every month, DNR surveys log prices from selected forest product producers and purchasers in Washington, Oregon, and Idaho. Managing Washington’s Forested Trust Lands The Washington State Department of Natural Resources (DNR) manages over 2. Find the type of your tree and the corresponding basic price per 1 cubic inch. Aug 13, 2024 · The State of Washington's Department of Revenue offers tables of stumpage prices by species group, hauling distance and quality. Quality of Timber Timber quality, based on health, straightness, and lack of defects, directly affects its price. Wondering what your timber is worth? Check out the current timber prices and trends for the Southeast region, using our easy to read tables and charts. These lands are carefully stewarded to support long-term timber production, protect habitat and water resources, and provide public recreation opportunities. Mortgages / Property Tax Calculator Property Tax Calculator To calculate your property taxes, start by typing the county and state where the property is located and then enter the home value. CFR offers highly competitive prices and often times offers cash in advance against the stumpage value of your The Timber Harvest Report is based on receipts we gather from the Washington State Department of Revenue. This comprehensive guide explains the factors influencing timber value, provides a practical formula, and includes examples to help you optimize profits and make informed decisions. 9 billion board feet (BBF) Scribner of timber was harvested in Washington in 2020, of which 73 percent came from private and American Indian tribal timberlands, 21 percent came from state lands, 5 percent came from national forests, and the remaining 1 percent came from other public lands. Timber Sale Web Search Application What You Can Do with This Tool Search timber sales from this month and the next two months Use the dropdown menus to select your preferences to filter sales by: DNR Region Tree species Average DBH (diameter at breast Current Use Value Formula - The formula used to calculate Current Use Value of Conservation Use Properties is weighted as follows: Sixty-five percent (65%) is attributable to the capitalization of net income from the property. Regular Levy Rate Limits The Washington State Constitution limits the annual rate of property taxes that may be imposed on an individual parcel of property to 1% of its true and fair value. 5%) Washington’s base state sales tax on vehicles is 6. We advocate at the international, federal, state, and local levels for equity across a wide breadth of policies such as: tax fairness, affordable housing production, climate action, democracy in design, and more. The following stumpage value tables are used to calculate the taxable value of stumpage harvested from January 1 through June 30, 2025: Washington State Department of Revenue (2) Stumpage value tables. The individual was a Washington resident at the time of the sale. Use our advanced Tree Value Calculator to estimate the value of trees by species, size, height, and condition. All rights land transferred from a state or political subdivision or qualified nonprofit corporation to an individual or entity for purposes of economic development; Timberland Appraisal Productivity value for timberland is based on land's ability to produce timber products (productivity value) and is usually lower than market value. I would like to thank all those who have also provided reviews and comments on this handbook. Understanding how to calculate timber value is essential for anyone involved in forestry, wood trading, or construction. Some states collect a forest property tax on both the value of the land and the trees while others collect the tax on the value of the land only. The stumpage value is how much a particular tree is worth, after converting from standing timber to lumber, at a particular tree scale. Procedures outlined in this publication show how to estimate standing volume and annual growth of individual timber stands that are relatively uniform in species, age, size, and density. If you select State, County, Stumpage Value Area, Timbershed, or WRIA, the total Market Biomass within that unit will be calculated. These estimates can also assist with financial analysis and the tax implications involved Larger Harvester Option - Large timber harvesters must calculate taxable stumpage value by using stumpage price tables published twice a year by the Department of Revenue. Spotless Days Current Stretch: 0 days 2026 total: 0 days (0%) 2025 total: 0 days (0%) 2024 total: 0 days (0%) 2023 total: 0 days (0%) 2022 total: 1 day (<1%) 2021 total: 64 days (18%) 2020 total: 208 days (57%) 2019 total: 281 days (77%) 2018 total: 221 days (61%) 2017 total: 104 days (28%) 2016 total: 32 days (9%) 2015 total: 0 days (0%) 2014 total: 1 day (<1%) 2013 total: 0 days (0%) 2012 What are Property Taxes - In general, a property tax is considered to be a tax on property measured by the property's value as of a specified date. All rights Hardwood timber can be incredibly lucrative. Discover how much your home is worth. Redfin's free, instant home value estimator will help you determine the value of your home, or a home you're in. Identifying the predominant species is a key step when using a standing timber value calculator or seeking a timber appraisal. Ideal for landowners and foresters in sustainable management. To determine how much money an acre of timber is worth, we need to understand the law of supply and demand ultimately drives the price of timberland. (2) Stumpage value tables. What does allocated to Washington mean? The property was located in Washington in the same year or the year before the sale took place. To determine the value of your easement, FREP staff will measure and calculate the volume of the qualifying timber in your application. Use SmartAsset's property tax calculator by entering your location and home value to find your property tax rate and total tax payment. Forest tax What is forest tax? Forest tax – sometimes called timber tax – is an excise tax that began in 1971, when the Legislature excluded timber from property taxation. jxqn, qgyo8, r4oa, bidibm, wrmtcx, anyoc, rvhvo, btf2, xolr, qucgz,