Although trees are typically considered an asset on commercial or residential properties, a number of factors can transform these assets into liabilities for property owners. Property owners that leave hazardous or sick trees on their property for too long take a risk of suffering property damages, personal injuries and high liability costs down the road. It's important for property owners to be aware of tree issues so they can make informed decisions and protect their property investment. In today's blog post, we'll look at several factors that can help property owners determine if their trees are still assets or have become liabilities.
Does The Tree Cause Hidden Property Damage?
One of the factors property owners must consider when evaluating their trees is whether or not their tree is causing property damage. Trees can create hidden property damage such as foundation cracks and plumbing leaks from expanding tree roots. Property owners may face high fees for foundation repairs, plumbing repairs, and irrigation system repairs. If trees are consistently costly property damage, then it may be time to consider removing these trees and replacing them with smaller, less expansive trees.
Does The Tree Pose A Safety Risk?
Another important factor to consider is if a tree on a residential or commercial property poses a safety risk, either because of its proximity to power lines, or because of tree weaknesses or instability. If a tree is growing too close to power lines, it can pose a fire or electrocution risk to property owners or other individuals. In addition, unstable trees or trees weakened by disease or insects can topple over onto people or property at any time.
Does The Tree Offer Historic, Aesthetic or Financial Value?
Before deciding to remove a tree from a commercial or residential property, owners should also consider whether or not the tree has aesthetic, financial or a historic value to the property itself, and the surrounding community. Some landscapes are negatively impacted when mature shade trees are removed, especially when they are healthy and beautiful. Property owners can also see a rise in energy costs due to the loss of valuable shade trees, especially in Houston's brutal summers. In addition, historic trees should be preserved for generations to come, even if the tree needs additional maintenance such as cabling and bracing or tree preservation.