Formulas for tree valuation

[allmark]

I have a client who is being sued for removall of a tree that turned out to be the neighbors. There was a pretty high dollar amount that was presented for the loss. What are the formulas generally accepted for calculating tree value?

 

[zale]

ISA has a tree valuation formula that I believe is the standard used for legal proceedings. Is the client asking you to give a value?

 

[niceviews]

I'd think the trunk formula method would be applicable. Your best bet is to get the 9th edition Appraisal Guide for all the specifics, but the formula takes the cost of the largest possible replacement and extrapolates it up to the tree being valued. You then take into consideration location,condition, and species to give you a final value. That's the short and sweet version.

 

[mrtree]

There is/are no standard formula/s.

You must first determine what you are calculating (value, cost of cure, cost of restoration etc.), then calculate it, then determine if it is reasonable. Cost of cure can be more than the value of the house and property while a single tree appraised by trunk formula should likely not be more than 5% of the real estate value.

The Guide for Plant Appraisal is the commonly used guide but the 10th edition is rumoured to be entirely different from the 9th and you should be farmiliar with the reasons for the change so that you can provide a arguement for your valuation method.

 

[niceviews]

So when is this 10th edition coming out?

 

[guymayor]

[ QUOTE ]
I have a client who is being sued for removall of a tree that turned out to be the neighbors. There was a pretty high dollar amount that was presented for the loss. What are the formulas generally accepted for calculating tree value?

[/ QUOTE ]Cost of Cure and Trunk Formula are the 2 main ways. i usually use both on trespass cases.

Appraisal does not include the 2x or 3x the court can add for trespassing. Contractors can find themselves fined, heavily.
Watch those lines, y'all...

If your client wants a second opinion, fwd me some details and I can send a quote.

 

[allmark]

Thanks for the response. I will look into it some more and let you know how it goes.

 

[RopeShield]

Independent party contracted from the private trees insurance adjuster otherwise it is waste of your time and your clients.
Pay to play, even steven kinda deal.

 

[southsoundtree]

Since the original idea is seemingly answered to a degree for the moment, when does storm damage to a tree, causing removal, or say it was uprooted, get to be called a loss of value for tax purposes or insurance claim?

 

[Arbor_Enhance]

SouthSoundTree, those situations usually fall under "an act of god" in the eyes of insurance companies, rendering your busted up beauty to no more than firewood. Unless it causes harm to existing structures. Even then, you are only being compensated for the structure, not the tree. That's been my experience anyways...