How Accurate Forest Inventory Increases Property Value

Accurate forest inventory (also known as taxation) is crucial for successful forest management. This process is carried out by certified specialists, available on platforms like silvasert.lv and lkkes.lv. Forest inventory data identifies the type and volume of timber available in the property, providing insights into potential logging values and increasing the financial potential of the forest property.

Why is Accurate Inventory Important?

According to Latvian Cabinet of Ministers Regulation No. 384, forest inventory must be conducted at least once every 20 years. However, experts recommend conducting it more frequently, especially after any forestry activities.

Key Benefits:

  • Avoiding financial losses: Accurate data prevents decisions based on outdated or incorrect information.
  • Maximizing resource utilization: Up-to-date data allows efficient use of forest resources.

 

Real-Life Examples

Example 1 – Unexpected Timber Growth

A forest owner approached BALTU KOKS with a request to log trees. Based on existing inventory data, the dominant tree species were identified as 20-year-old aspen. Since the main cutting age for aspen in Latvia is 41 years, a thinning cut was recommended to enhance forest health, yielding around 200 m³ of timber valued at €2,000 for the owner.
Upon inspecting the property in person, BALTU KOKS discovered a different reality. One section of the forest was overgrown with alder, suitable for clearcutting. After updating the inventory data, the calculated profit from logging was significantly higher than initially planned.

Example 2 – Outdated Data Limiting Potential

Another case involved old inventory data stating that a plot consisted of 20-year-old spruce. However, an on-site inspection revealed that half of the plot was occupied by 90-year-old pines. After revising the inventory data, BALTU KOKS recommended logging, generating €4,000 for the owner. This updated data enabled the owner to fully utilize the forest’s resources.

Recommendations for Forest Owners

  1. Regularly update inventory data, especially after major forestry activities.
  2. Assess the actual condition of the property on-site and make decisions based on updated information.
  3. Collaborate only with certified specialists. Experts can be found on silvasert.lv, lkkes.lv, or through consultation with BALTU KOKS.

 

Conclusion

Accurate forest inventory ensures sound management decisions and significantly increases property value. Outdated data can lead to losses, whereas updated data can result in substantial income growth.

Forest inventory – A long-term investment in your property’s potential.