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Developing a Practical Income Approach in Urban Forest Benefit Valuation (08-DG-11083150-017)

Grant Number

Identification of benefits and costs of urban forestry is a major need and a practical problem. Appraisal of large trees is commonly accomplished using a valuation formula or market comparison methods. These methods have been inconsistent and do not allow for consideration of the total array of benefits. A third standard method, income capitalization, is seldom used because cash flows are difficult to obtain and capitalization methods difficult to apply. This proposal is for developing a framework to use existing forest valuation software to value urban forests using the income approach and allowing for improved cost-benefit analysis.

Straka, T.
Clemson University
300 Brackett Hall, Box 345702
Clemson, SC 29634
Final Report Download
Total Project Cost
$ 92,801
Federal Share
$ 46,400
Grantee Share
$ 46,401
Year of Award
Grant Categories
Research & Human Dimensions
South Carolina
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