Saturday, November 18, 2017

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Wilderness Realty, Inc.

Maine Land Sales Specialists

MY LAND AS A WOODLOT

The biggest activities conducted on my property, other than the construction of my home,  was two timber harvests; one in the winter of 1992 and the other in the winter of 1997.  A total of 485 cords were cut yielding approximately $16,800 in stumpage value.  This activity was by far the biggest income producer generated by my LAND INVESTMENT.

Approximately 19 acres was cut during 1992.  The area harvested occurred behind my home on the western 2/3rds of the west rectangle.  This section was previously harvested in the 1970s and was nearly a clearcut.  The harvest was basically a removal of the remaining overstory with Spruce, Fir, Hemlock, Hardwood and White Pine being targeted species.  Most of the wood was sold as pulp and studwood along with a load of pine logs.

In 1997 the cut area was comprised of 53 acres and included the entire wooded portion of the east rectangle and about 3 acres on the west rectangle to the north of my home.  This section was not harvested for many decades and consisted of mostly mature timber.  The harvest prescription was to cut softwood, popple and log quality oak, which was painted.  Tree species sold were Spruce, Fir, Larch, Popple, White Pine and Oak.  Again most of the wood was sold as studwood and pulpwood.  Approximately 23 MBF of oak and pine logs were delivered to the mills.  I kept another 40 cords of firewood, mostly oak tops and limbs along with a few Red Maple which were harvested incidentally.

My property still has plenty of merchantable timber.  The harvest crew left many trees that did not quite meet the initial prescription; and after 13 years have grown even bigger.  Consequently I can justify another harvest of Popple, Spruce, Fir and White Pine in the immediate future.  In addition, at the current rate that I am cutting firewood (6 cords annually), there is more hardwood growing on the property than I can use in my lifetime.

Most of the residual, merchantable timber is on the east rectangle.  The west rectangle is well stocked with mostly softwood regeneration and would probably be ready for a pulpwood thinning in the next 20 years, maybe sooner.

Other than an outright sale of the property, timber harvesting is probably the single most valuable income producer of a woodlot.  As you can see by my experience, income can be generated by successive, selective harvests.  My timberland investment has yielded me income over time; AND there is still plenty of remaining wood that can be harvested now AND there are trees growing for future harvests.  Need I say more.

You can be a timberland owner as well.  Just check out our listings at www.wildernessrealty.com

If you like one of our properties, give us a call and make an appointment for a showing.