Sustainable tree asset management will reduce the cost and increase the value of this asset for your property. Urban trees are assets or liabilities to us depending on the way we manage them.
Well-maintained trees provide numerous aesthetic and economic benefits, but also incur some costs. Investing in a tree’s maintenance will help you to achieve the desired benefits and it will increase your return on investment.
The costs associated with large tree removal and replacement can be significant. In addition, the economic and environmental benefits produced by a young replacement tree are minimal when compared to those of a mature specimen.
Extending the functional lifespan of large, mature trees with routine maintenance can delay these expenses and maximize returns.
Tree asset management is one of the most challenging tasks for any property owner.
To manage trees we need to adopt a long term thinking approach. Short term thinking in terms of tree asset management is a 10 years’ time period. A long term approach would look at the tree asset management in the next 50 -150 years. We need to keep this in mind when planting and caring for our tree assets.
Our tree asset management plan will allow you to understand the cost in maintaining your tree asset and the overall asset value.
What we can do for your property is creating an asset management plan – Trees. This plan will include:
- Evaluation of the tree health and the tree’s longevity.
- Creation of a planting plan for your property.
- Creation of a tree work plan.
- Creation of a tree work budget.
- Creation of a tree work tendering processes.
Planning is the first step to knowing and an asset management plan for your trees will give you the knowledge you need in order to plan how the trees on your property will develop in the future.
If you would like to know more about the benefits of living with trees in an urban environment please follow this link: treesaregood.org
Interested in learning how much money a tree can save you per year? davey.com/arborist-advice-calculator/