Property Valuation
Montana timber land appraisals require the appraiser to consider:
AOnly the value of standing timber
BThe land value, the value of merchantable timber, timber growing stock condition, access, and potential timber management costs and revenues✓ Correct
COnly the cost approach since timber is a natural resource
DOnly the assessor's value of forested land
Explanation
Timber land appraisals in Montana require comprehensive analysis: underlying land value, standing timber volume and species, growth rates, access and harvesting costs, current timber prices, regeneration costs, and potential future income from timber management.
Related Montana Property Valuation Questions
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