I have 150 acres of forest land that sustained extensive tree damage and loss due to Hurricane Idalia. The trees were natural growth and came with the property when I bought it. The property is in a federally declared disaster area. I am not in the timber business. The downed trees are preventing me from maintaining the property and interfering with my use of the property. How can I place a value on the downed/damaged trees? The overall value of the property was not affected significantly as only a small fraction of the trees suffered damage, but those that were lost do have a value. Would the cost of cleanup to restore the property to its before the storm condition be the basis for casualty loss claim?
