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Dan Young’s Presentation. Additions to the CTLA Tree Valuation Protocol. Thank You Prof. Kenney for the Extension!. Please Note: This is my First Power Point Presentation!. Presentation Outline. Short Comings of Council of Tree and Landscapers Appraisers (CTLA) guide to Tree Valuation. - PowerPoint PPT Presentation
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Dan Young’s Presentation
Additions to the CTLA Tree Valuation Protocol
Thank You Prof. Kenneyfor the Extension!
Please Note: This is my First Power Point Presentation!
Presentation Outline• Short Comings of Council of Tree and
Landscapers Appraisers (CTLA) guide to Tree Valuation.
• Suggestions to change the method of the CTLA Tree Valuation.
Critique #1The CTLA Method Under Values
Trees!Not only should the owner be
compensated but some how the Larger community!
Critique #2: The value of the tree should be
reflected in the additional property values it creates over
and above the tree’s value as an object into itself.
Solution #1
• The values of the tree should be be responsive to its membership in the larger urban forest.
• Solution: add an additional 35% of value to each tree to be ‘owned’ by the city’s urban forestry dept.
35% as ‘owned' by the Urban Forestry Dept.
This money is to go into general revenue for the Forestry Dept. as to benefit the urban forest as a
whole.
Solution #2
• The value of the tree should be reflected in the additional property values it creates over and above the tree’s value as an object into itself.
• Consult a Real Estate appraiser!
Working Example!
• A Malicious person chopped down a tree from Jeff Beck’s front yard.
• Jeff in order to sue for damages needs to get a value for the tree.
Using the CTLA Trunk Formula Method
• Tree trunk size 500 CM
• Diameter 159 CM
• Area 19,884 CM squared
• Basic Price 6.51 CND
• Diameter of Adjusted Trunk Size 125 CM
• Adjusted Trunk Area 12,266 CM squared
• Area adjusted for difference between Transplant and Apprised Tree 12,202 CM squared
• Basic Price $79,434• Adjusted for Species: White Fir Rating = 76• Adjusted for Condition: .90• Site: .80• Placement: .90• Contribution: .80• Location Total .83• Adjusted for location $45,877• Rounded to the nearest $100: $45,900• The CTLA method’s tree value: $45,900
The Dan Young Additions!
• CTLA Value $45,900
• 35% Urban Forest Levy: $16,065
• Over and above additional property value determined by a Real Estate Appraiser: $20,000
• Total: $81,965
The End Result
• Jeff Beck is compensated $65,900 for the loss of his tree.
• The Urban Forestry Department is paid $16,065