Articles containing the keyword 'value of land'

This paper deals with the problem of optimal multiple use of forests. The concept of attractive visual environment is analysed following the framework of conditional reflexes and conditionalization of needs. Uniformity of landscape preferences among a group of persons, forest professionals working in district forestry boards in Southern Finland, who have similar education and working environment is studied in empirical part of this paper. The sample of 154 persons were sent a sociological questionnaire.

The preference distribution of forest officers and forest technicians were found very similar. Only poor condition for wood production as a landscape feature was considered clearly negative. The answers show the demand for rational and active working environment as a factor directing the landscape preferences.

The PDF includes a summary in English.

• Lovén, E-mail: ll@mm.unknown

The Moscow Peace Treaty created a need to calculate values of large forest areas in Finland, such as the value of the private and state forests lost in the Second World War, or value of the remaining forests and the value of forests to be assigned to the evacuees. The article describes principles of evaluation of large forest areas. It concludes that use of felling value of the trees is the right method only if felling of the whole tree stand and sale of the wood is actually possible. If these prequisites cannot be fulfilled, the right method to evaluate the forest area is yield in terms of value. When calculating the yield in terms of value, also other incomes and costs related to fellings should be included.

The article includes an abstract in German.

• Saari, E-mail: es@mm.unknown

Forests have been priced by assessing separately the value of the land, small timber and heavy timber, and adding them together. This method of summing up gives a small woodlot the same price per hectare as a large forest area. In real estate sales the actual prices paid per hectare, however, are higher for small woodlots. The summing-up method thus over-values big forest holdings.

The figures obtained by the summing-up method should be corrected by using a reduction percentage. This value should increase with the growth of the forest area and should be higher for fully-stocked areas than those with small growing stock. A table of reduction percentages is presented, where an effort is made to eliminate the effect upon the statistics of the potential value of the land as building site and field. The results clearly indicate that the effect of area upon the price of a woodlot is fairly marked, even with very small parcels.

On the other hand, determination of the reduction percentages has some theoretical weaknesses. The author recommends a method of price evaluation which takes the factor of area directly into account, excluding arbitrary correction percentages. In this method the marketable part of the growing stock is evaluated at its felling value and its relative role decreases with the growth of the area. The rest of the growing stock together with the ground is priced as rental value. This method of professor Eino Saari does justice both to the area and to the fact that forest land and the growing tied to it form an inseparable whole.

The Acta Forestalia Fennica issue 61 was published in honour of professor Eino Saari’s 60th birthday.

The PDF includes a summary in English.

• Keltikangas, E-mail: vk@mm.unknown

This methodical study aims at assessing discount value and its nature and function in setting a price for a forest holding. The aim is to study how the subject interested in buying or selling a woodlot could in the most meaningful way use discount value to prepare the sale and aid the decision making, taking account his personal interests. The paper includes a literature review on the determination of value.

It is concluded that woodlots have no «correct and real» values and, therefore, they cannot be calculated. Value is formed for the woodlots only in connection to the subject running the household, and his environment and actions. A discount value can be defined as a discount value of future net incomes. In the study different ways to calculate discount value are analysed.

The PDF includes a summary in German.

• Ahonen, E-mail: la@mm.unknown