Trees hold both tangible and intangible value, contributing significantly to properties ranging from individual trees to wooded lots, parks, and larger landscapes. Beyond their intrinsic beauty, trees provide measurable benefits such as increasing real estate property value, moderating extreme weather, conserving energy, and reducing stormwater runoff. These benefits enhance the overall asset wealth of a property, but assigning a monetary value to a tree can often be complex. In cases involving insurance, tax, finance, or litigation, however, determining a tree’s value becomes essential. Whether for resolving disputes over trespass, assessing damages from tree loss, or estimating the impact on property values, tree valuation provides a framework for addressing these challenges. At Oakstead, we utilize the system developed by the Council of Tree & Landscape Appraisers (CTLA) to perform tree valuations, which can be adapted to various scenarios based on circumstances and objectives.
In addition to our experience in conducting timber appraisals within forestry, we are trained in the CTLA valuation system through the International Society of Arboriculture (ISA) to assess urban trees for a variety of applications. Tree appraisals are often necessary for Development Impact Assessments, especially when trees are involved in construction. These appraisals also play a critical role in legal settlements, insurance claims, and tax purposes by providing an accurate assessment of tree value to help resolve disputes and quantify losses. Whether addressing the financial implications of a damaged tree or supporting planning and preservation efforts, Oakstead’s expertise provides reliable and professional tree valuation services tailored to your specific needs.
If you’d like to just get the conversation started, or want to schedule a viewing of your project in the Saanich and Victoria area, please give us a call at 250-652-9223 or fill out our online contact form and we’ll get right back to you.
