My grandfather was a walnut tree farmer and owned many of these trees in the mountains of the peloponese in greece.These trees were planted about a hundred years ago.I understand that Turkish walnut is used for making the best gunstocks.He lived a country life attending his trees everyday all his life until his death a few years ago.My father and his two sisters were excluded from the inheritance of these plots of land instead were given a share of treeless and less valuable land.It seems as the land was put under my uncles name many years back.A lawyer was hired and he investigated and came to the conclusion that there is nothing that can be done and everything is legal and to my uncles favor.These trees are really beautifull.I would like to know if anyone here knows the value in money of such trees.I guess my grandfather was not able to cash in on them during his lifetime or was able to start during his later years as he started helping out my cousins.

I've been given very large walnut trees. Yes, Black walnut in Southern Minnesota. So many folks think the tree is valuable and have asked for large sums of money and when no one will pay it and they're looking at big money to have it taken down and disposed of the tree is free!

It's true that the lumber is valuable and if there is some exhibition grade wood that too is valuable but getting the tree down, trimmed, hauled to a saw mill, sawed, dried, planed and then sold, there isn't much to pay for the tree!!

In short.....the trees are not likely worth as much as you might think! If you can do all the work and have the facilities this is a great deal.....but the value of the lumber is rapidly consumed by the cost of getting it to market.

There is an exception and that is for a veneer log. These are long and knot free and are made to veneer and these rare logs can be extremely valuable.....again one needs to know what he's doing.

FWIW, I've bought rough sawed walnut for .90 per board foot!!! Prices vary a lot from time to time.

These are persian walnut growing in their natural habitat.I doubt that there is any wood anywhere that can compare to this.

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Originally posted by shootaway:
These are persian walnut growing in their natural habitat.I doubt that there is any wood anywhere that can compare to this.

I fully understood that.....I was merely trying to point out that they may not be as valuable as one might think.

As I've said.....many folks have asked for $1,000 for a tree and wound up having to pay someone to take it away!

I did a google search and saw some place that a 1-2ft diameter black walnut can range from 5000 to 15000 dollars.

For a tree still in the ground or product ready to sell, big difference. There are a few people here who market walnut in that part of the world, maybe they'll chime in.

I don't know about Greece, but in some countries you also have to obtain authorization to cut down a tree and there may even be quotas for the permits. This can also affect value.

quote:

Originally posted by shootaway:
I did a google search and saw some place that a 1-2ft diameter black walnut can range from 5000 to 15000 dollars.

There's a lot of frustration of folks that think their tree is very valuable and the end product can be very valuable indeed! I mentioned trees I was given simply to remove them.....some of these trees were over 4' in diameter and the lowest branches were 2' in diameter.

IMO a 1' diameter tree is suitable for firewood! If you have one and want to remove it it's probable you'll have to pay to have it removed! I wouldn't take it if it was given to me as the wood won't make very much lumber at all.....sapwood will surprise you and the widest board one might get from that tree is 8" and very few of them!

If there not worth nothing,all the better.

The american black walnut is considered mature at 150 yrs and can go to 250 yrs.Mine is about 50 so it doesn't have much value .I agree that many think they are rich if they have a walnut but it usually doesn't work out that way !

I would think old growth Persian walnut trees grown in Greece would be fairly valuable. But as an example of some of the points made above, I own many giant pecan trees I thought were valuable for lumber but the most I have been offered is $5 per cord.

quote:

Originally posted by shootaway:
I did a google search and saw some place that a 1-2ft diameter black walnut can range from 5000 to 15000 dollars.

Thats the price to have a living tree of that size transplanted to your yard. Most of the cost is in the transplanting, not for the tree. Transplanting trees that large is also a good way to kill the tree.

If you want to make money from walnut trees, sell the nuts. The problem is the cost of collecting the nuts from the tree. You end up with not a lot of money, but you get to do it year after year.