FOrest and natural resources valuation can present challenging analysis and appraisal problems. Calculations range from specialized problems like bare land value to standard criteria like net present value and internal rate of return. Financial calculators are fine for simple analyses but...

Rural appraisers often use Discounted Cash Flow (DCF) analysis to value timber and timberland. Land expectation value (LEV) is a standard DCF analysis technique that is applied to many timberland situations. LEV is used to calculate the value of bare land in perpetual timber production and is...