HomeMy WebLinkAbout1919 Broad @60%Replacement Cost Method Date: April-20-2022
Appraised Value (Installed Plant Cost x Species % x (Condition) % x (Location %) + (Staff cost)
Installed Plant Cost = Replacement Plant Cost + Installation Cost
Case #_______ Address of Illegal Removal: 1919 Broad
Appraiser: Anthony Whipple Certified Arborist # WE-7237-ATM
Field Observations
1. Species Brisbane Box (loghosternon confertus}
2. Condition 75 %
3. Trunk size: Inches in Diameter at 4.5 feet above grade = 3 x 10-inch Diameter =15 inch
4. Location % = [Site 60 % + Contribution 60 % + Placement 60 % ÷ by 3 =__60__%
5. (staff time rate $72.00 per hour): 3 hours X $72.00 = $___217.00________
Regional Plant Appraisal Committee and/or Appraiser-Developed or Modified Information
6. Species Rating 50 %
7. Replacement Plant Size (diameter) _1 Inches X number of trees__15_____=_____15________
8. Replacement Plant Cost __15____inches X $__$96_____ =$____1440_____
9. Installation Cost $_____1440___ X_2.44____ number of trees =$___3513______
10. Other Regional Information: Readily available in 15 (gallon) size _1” trunk diameter
Calculations by Appraiser Using Field and/or Regional Information
11. Installed Plant Cost = Plant Cost (#8) $__1440 + Installation Cost (#9) =$_3513__ = $ 4953
12.Adjusted Installed Plant Cost = Installed Plant Cost (#11) $ 4953 X Species rating (#6) _50_ % X Condition (#2)
_75__% X Location (#4) __60___% = $ _1152___
13. Add Removal and Clean-up Costs (#5) $__200______(and or staff time) $200 = $ ___200_____
14. The Appraised Value is either #12 or #13. =$ __1152__
15. If Appraised Value (#14) is $5,000 or greater, round nearest $100; If less than $5,000 round to the nearest $10
= $ _1860__
16. Appraised Value (#15) = $__1150_
17. Per City of San Luis Obispo Municipal Code 12.24.170 A $_1150 X 2 = $ 2300____
18. Replacement value: = $ 2300
*A median cost is the most appropriate cost to use because there are an equal number of costs greater than and less than the
median. Equally important, plants and installation are available at those specific costs.
G:\Asset-Management\Trees-Urban Forestry\Illegal Removals\Template Forms & Letters\TEMPLATE Replacement Cost Method.doc