Land covered with forest that’s suitable or managed for timber is called timberland. Timber is wood prepared for use in building and carpentry work.
Some people like to invest in timberland properties. Metcalf Land Company helps them find suitable properties in various counties of South Carolina for such purposes. What are some considerations when investing in timberland properties in South Carolina?
Market value can be determined by the cost valuation method, which takes into account things like the stumpage value of existing lumber, mitigation credits, and non-timber products like fruit and medicinal plants. An experienced forester can help a person with this calculated assessment to determine market value.
Soil Expectation Value
Speaking of market value, another major consideration for investing in timberland properties has to be “soil expectation value.” This is a measure that determines the value of the costs and revenues resulting from a sequence of forested rotations. Will the soil on the property help yield profits for years and years? That’s the hope!
Other considerations for investing in timberland properties may include things like how well the land has been managed in the past, soil type, and what kind of trees grow on the property.
Timberland Properties in South Carolina
There are many reasons to consider purchasing timberland properties in South Carolina. The state is home to thousands of acres of majestic pines and wild forests. Game animals like wild turkeys, rabbits, quail, and white-tailed deer can be found among the timberlands of South Carolina. Meanwhile, timberlands grow in value annually. Many are accessible via paved roads.
Are you thinking of buying some land with lots of trees on it, that would be perfect for building a getaway cabin or for doing some hunting every couple months? There are great opportunities in places like Oconee County, Cherokee County, Pickens County, Spartanburg County, and Union County, among others. See what’s currently available here.