A forest of value to a private owner may have many contributing components. This discussion involves the most basic normally traded value source - the individual tree. Later discussions may relate to how other value sources develop and are evaluated.
"Beauty is in the eye of the beholder" and tree value can have the same components. However, contractors, equipment dealers, taxing authorities and banks seem to deal only in some form of legal tender. The one reliable source of tradeable value found and or able to be grown on most forest land are the structural parts of timber quality trees. These trees have dependable value growth characteristics. Accurate evaluation of both the current state of the tree condition and its potential for future change are essential to the recovery of existing stand value and the process of adding more value to new or existing trees.
The economically valuable parts of any tree:
The main stem - is the primary support structure of most trees. The most valuable part of the tree is generally the lowest 8 to 20 foot section.