Dan Young’s Presentation

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Dan Young’s Presentation Additions to the CTLA Tree Valuation Protocol

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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

Transcript of Dan Young’s Presentation

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Dan Young’s Presentation

Additions to the CTLA Tree Valuation Protocol

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Thank You Prof. Kenneyfor the Extension!

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Please Note: This is my First Power Point Presentation!

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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.

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Critique #1The CTLA Method Under Values

Trees!Not only should the owner be

compensated but some how the Larger community!

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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.

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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.

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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.

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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!

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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.

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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

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• 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

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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

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The End Result

• Jeff Beck is compensated $65,900 for the loss of his tree.

• The Urban Forestry Department is paid $16,065