Tree Value Formula:
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Definition: This calculator estimates the monetary value of a tree based on its size factor, regional rate, and environmental contribution.
Purpose: It helps arborists, property owners, and local authorities determine the economic value of trees for insurance, planning, or conservation purposes.
The calculator uses the formula:
Where:
Explanation: The size factor multiplied by the regional rate gives the base value, then environmental benefits are added.
Details: Proper tree valuation helps in compensation claims, planning decisions, and recognizing the true worth of urban trees beyond just aesthetic value.
Tips: Enter the size factor (typically based on trunk diameter or canopy size), regional rate (varies by location), and environmental value (based on carbon sequestration, biodiversity, etc.).
Q1: How is the size factor determined?
A: Size factor is typically calculated from trunk diameter (DBH in cm) divided by a standard factor, or from canopy volume measurements.
Q2: Where can I find regional rates?
A: Local councils or arborist associations often publish regional rate guidelines for tree valuation.
Q3: What contributes to environmental value?
A: Factors like carbon storage, air purification, stormwater management, and biodiversity support contribute to environmental value.
Q4: Does this calculator follow CAVAT methodology?
A: This is a simplified version. For official CAVAT assessments, consult a qualified arborist.
Q5: Can I use this for insurance claims?
A: While it provides estimates, formal claims may require professional assessments.