Determination of land and tree values of hybrid poplar plantations: A case study for turkey
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Valuation of poplar plantations is important in condemnation, taxation, loan, insurance, inheritance, and purchase-sale cases. In general, for the appraisal ofland value of poplar plantations, sales comparison and income capitalization approaches can be used. In appraisal of tree values sales comparison, income capitalization, and cost approaches are used. The approach to be used may vary according to the purpose of appraisal, age of the establishment, obtainable data, and according to the current regulations. In this study, approaches that could be applied in valuation of hybrid poplar plantations (PopulusxEuramericana Guiner cv. 1-214) are theoretically examined and a survey has been done in a selected region. © 2003, Taylor & Francis Group, LLC. All rights reserved.