“What affects the price of your forest? An explanation of the main factors”

The value of a forest in Latvia depends not only on the area of the land. The main factors are the volume of timber, tree species, age, availability and current market prices. A mature pine or spruce stand usually gives the highest value, while young or mixed stands may give a lower price. Buyers' offers are also influenced by the health of the forest, soil type and distance from logging roads.

A recent forest inventory is the most reliable way to determine the real value, helping you avoid setting a price that is too low and ensuring you receive a fair, data-based offer.