These devices present an estimated financial value for particular person bushes, or teams of bushes, based mostly on numerous elements. For instance, a typical implementation assesses dimension, species, situation, and placement to generate a monetary determine. This determine makes an attempt to quantify the advantages a tree supplies, going past its inherent organic worth.
The assessed monetary determine serves a number of functions. It will probably help in insurance coverage claims associated to tree harm or loss. It additionally helps property valuation, reflecting the contribution of bushes to aesthetics and environmental high quality. Moreover, such estimations are utilized in city forestry administration, guiding selections associated to tree preservation and funding in inexperienced infrastructure.