Estimating timberland parcel value in the northeast United States using acreage and commercial timber value
Problem Addressed: Evaluating market value of timberland can be difficult because of the various factors that influence it
Goal(s)/Objective(s): Assess the relationship between the sale price, commercial timber value (CTV), acreage, and other factors
Key Findings: A strong relationship between sale price, CTV, and acreage was found (R2 = 0.71) with limited variation attributable to year or state
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- Hutchinson, Sean
University of Maine
hutch3912@gmail.com - Weiskittel, Aaron
University of Maine
aaron.weiskittel@maine.edu
207.581.2857 - MacKay, Don
Forest Research, LLC
don@forestresearchllc.com
207.866.6566 - Liliehlom, Rob
University of Maine
robert.lilieholm@maine.edu
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