The Healy Company specializes in large timberland consulting and valuations primarily in the Western US and Canada

Appraisal Methods and Practices

The Healy Company generally employs two primary valuation measures to value timberland properties They are a discounted cash flow (DCF) income approach as well as analyzing numerous market transactions (Sales Comparison Approach). These are the two primary valuation methods employed by market participants in the western U.S. and Canadian timber industry.

At times, we also perform a Cost Approach, sometimes known as a Sum-of-the-Parts Approach, depending upon the needs of the client. This valuation measure has less influence on the final property value due to its more subjective nature.

Quality Control Procedures

The Healy Company attempts to ensure that the information provided within the appraisal report is accurate and reliable. At the outset of an appraisal, we request various information from the client including a timber inventory, legal acres, logging and road costs, log prices received, influences of threatened and endangered species, leases/permit income, and other types of data. After spending considerable time reviewing this information, we either begin to utilize the data or we need to go back to the client and have them clarify (or revise) some of the information they have provided. By spending this "upfront" time, we can make certain that the data analyzed within the appraisal report is reliable and provides a useful analysis to the client.

Report Preparation and Review

Senior Appraisers Mr. Mantle and Mr. Healy are involved with the analyses of the timber inventory and the preparation of the discounted cash flow analysis. The final report is then read by several of The Healy Company staff to insure that there are no inconsistencies with the data, and that the report flows and reads smoothly. Again, it is our intent to provide clients with the highest quality appraisal report possible. This includes having an accurate valuation figure and also providing a well done and easy-to-read report. If we achieve these factors, then we were successful.