Decision making factors. This table shows who decides key factors, specifying whether the influence of each factor is set by the authors in the manuals/guides of each technique or if the decision is left to the appraiser’s judgment. TFT (Trunk Formula Technique); CAVAT (Capital Asset Valuation for Amenity Trees); STEM (Standard Tree Evaluation Method).
TFT | CAVAT | MIS506/24 | Thyer | STEM | |
---|---|---|---|---|---|
Who decides market inputs | |||||
Nursery stock price | Appraiser | Author | Author | Author | Appraiser |
Planting costs | Appraiser | Author | N/A | Author | Appraiser |
Who decides the influence of key factors | |||||
Location | Appraiser | Author | Author | N/A | Author |
Condition weighting | Appraiser | Author | Author | Author | Author |
Public benefit | N/A | Author | Appraiser | Author | Author |
Climate suitability | Appraiser | N/A | Author | Author | Author |
Wildlife habitat | N/A | Author | Author | Author | Author |
Who decides key heritage factors | |||||
Heritage status | N/A | Author | Appraiser | Appraiser | Author |
Visual appeal | N/A | Author | Appraiser | Author | Author |
Cultural connection | N/A | Author | Appraiser | Author | Author |
Scientific value | N/A | Author | Appraiser | Author | Author |