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How much is a tree worth?

Sep 25, 2006

News

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During road construction, a homeowner finds out how much her ginkgo tree is worth:

Across the street from Westenbarger is a 57-year-old ginkgo tree with branches that tower over a row of power lines. The tree is in the right of way and is scheduled to be cut down as part of the planned construction, much to the chagrin of the property owner, Vicky Lee Carney.

The ginkgo, a tree with fan-shaped leaves long cultivated in Asia, is 92 inches in diameter.

Carney, 49, said she hired an arborist from Purdue to evaluate the tree. He estimated it to be worth $71,000, she said.

Carney said she initially doubted the arborist’s estimate. Her house is worth $64,000. But he told her there are a lot of factors that figure into it. “It blocks the wind, it shades our house, he just went on and on and on,” she said.

From the Evansville Courier and Press.

Posted by Kelly

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