I've been trying to formulate a cost/value adjustment for damaged live oaks in a moderately priced ($150K - $250K) restricted subdivision and due to the velocity of development and blind growth there isn't a forester or parks department base-line formula available in the forseeable future. Not even private value comparison or insurance-based claim history for the area yet.
On transplant species I have purchase and installation and warrantee price index but native trees damaged are fifty-year plus. My question is....would it be fair to calculate worth starting with installation costs of ten-year nursery grown and add .05 percent per year growth rate up to the chronology of the damaged oaks? I can and have factored-in remedial work costs but will result in trees with dubious and structural defects (picky neighborhood).
If I go with the established estimate property tax-appraisal value of 20% of total (harwood trees) and divide each tree in subtraction, it's going to precedent the standard real estate formulas of the municipality, resulting in a court action with major implications. I'll have real estate developers on my side and against me at the same time, along with the taxing entities ready to string me up to the highest phone pole.
In a pinch, for this area, I'd like to justify a minimal cost proposal for the city to re-imburse the owner for damage done....it would resolve it in a hurry and let me get my butt out of that community that's only a war waiting to start. Anyone have any ideas or methods that worked elsewhere?
Thanks.
On transplant species I have purchase and installation and warrantee price index but native trees damaged are fifty-year plus. My question is....would it be fair to calculate worth starting with installation costs of ten-year nursery grown and add .05 percent per year growth rate up to the chronology of the damaged oaks? I can and have factored-in remedial work costs but will result in trees with dubious and structural defects (picky neighborhood).
If I go with the established estimate property tax-appraisal value of 20% of total (harwood trees) and divide each tree in subtraction, it's going to precedent the standard real estate formulas of the municipality, resulting in a court action with major implications. I'll have real estate developers on my side and against me at the same time, along with the taxing entities ready to string me up to the highest phone pole.
In a pinch, for this area, I'd like to justify a minimal cost proposal for the city to re-imburse the owner for damage done....it would resolve it in a hurry and let me get my butt out of that community that's only a war waiting to start. Anyone have any ideas or methods that worked elsewhere?
Thanks.