Registration Now Open for WFCA Timberland Appraisal Workshop

Registration is now open for a two-day timberland appraisal workshop organized by the Western Forestry and Conservation Association (WFCA). Key team members of Mason, Bruce & Girard, Inc.’s (MB&G) Appraisal Service Group (ASG) will lead the workshop, which is entitled ‘Reviewing a Timberland Appraisal for Accuracy and Credibility’ and will be held on April 18-19 in Portland, Oregon.

The two-day workshop is designed to increase attendees’ confidence in understanding and reviewing appraisal reports to assist in making sound business and investment decisions. The seminar will cover valuation principals as they relate to timberland asset class and provide knowledge and tools to understand the valuation process, interact effectively with an appraiser, and evaluate the accuracy and credibility of any forest appraisal. A checklist to ensure a systematic and consistent method for reviewing and providing comments on future appraisals will also be included. Topics will include:

  • An Overview of Forest Management Concepts and Terminology
  • Drivers of Timberland Value
  • Key Concepts & Principals of Valuation
  • Application of the Income Approach to Small & Large Properties
  • Selection of Sales & Adjustments Under the Sales Comparison Approach
  • Reconciling to a Final Value Opinion
  • Effective Appraisal Review and Appraiser Interaction

MB&G President and State Certified General Real Property Appraiser Roger Lord, ACF, will focus on drivers of timberland value, appraisal approaches and methodology. Roger has over 30 years of experience in the areas of timberland appraisal, acquisition and divestiture due diligence, forest economics, and planning. He is a state certified appraiser in Oregon, Washington, and Idaho, and specializes in the appraisal of investment grade timberlands throughout the Northwest. He received a B.S. in Forest Science and M.S. in Forest Resources and Operations Research from Penn State University. He is a Member of the Association of Consulting Foresters, member of the Society of American Foresters, and a Practicing Affiliate of the Appraisal Institute.

Zach Dewees, an MB&G appraiser, is a State Certified General Appraiser and an SAF Certified Forester with 12 years of experience in timberland appraisal, forest management and planning, economic analysis, growth and yield modeling, inventory, and GIS. Zach specializes in the appraisal of investment-grade timberlands and conservation easements as well as non-industrial timberland and recreational properties. Zach received his B.S. in Forest Management from Washington State University. He is a member of the Society of American Foresters and a Practicing Affiliate of the Appraisal Institute.

Workshop attendees will be eligible for 10.5 CFE credits through the Society of American Foresters. This session has also been approved for appraiser continuing education credits in Oregon and Washington State. See their website for more information on the workshop or to register.

About WFCA – The WFCA provides high-quality professional continuing education for natural resource
managers in the western United States. Its objective is to promote forest stewardship by promoting the science and practice of forestry for the sustainable production of goods, services, and uses of forest resources; promote the dissemination of forestry research and technical information in the social, environmental, and economic values of western forests; and to promote cooperation and understanding of management issues among federal, provincial and state governments, universities, forest-related industries and others with professional and technical involvement with forest resources.  The association was founded in 1909 with member organizations in California, Oregon, Washington, Idaho, Montana, and Alberta.