How to calculate wood cost when I milled the wood myself?

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Forum topic by Micah Muzny posted 02-12-2015 03:06 AM 771 views 0 times favorited 5 replies Add to Favorites Watch
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Micah Muzny

185 posts in 1156 days

02-12-2015 03:06 AM

I cut a log of Aromatic red cedar to the size i needed then used my jointer to make 2 flat sides on the log, then ripped it into planks on my bandsaw and ran them through my planer. My first time doing it and took me about 2 hours to get about 4 boards. I used one of them for the project, how do I calculate the cost of that board I used since it did’t cost me any money directly to make it?

5 replies so far

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Mark Shymanski

5300 posts in 3136 days

#1 posted 02-12-2015 03:12 AM

I’d price it at what the going local rate for a similar product. If you made it and it cost you significantly less that’s more profit for you, if it cost you more to make it then you probably should have bought it and avoided the loss.

-- "Checking for square? What madness is this! The cabinet is square because I will it to be so!" Jeremy Greiner LJ Topic#20953 2011 Feb 2

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13106 posts in 1280 days

#2 posted 02-12-2015 03:14 AM

i would probably just charge the local price for the cedar if you had bought it.

-- Bill M. "People change, walnut doesn't" by Gene.

View bigblockyeti's profile (online now)


3587 posts in 1144 days

#3 posted 02-12-2015 03:30 AM

There are several variables to consider, not the least of which is your time. The wear and tear on your machines and consumables would probably be next. The single biggest thing that’s difficult to assign a value to is the learning experience. Since this is your first time doing this, next time you’ll be a little faster and faster yet the next time. Knowing that you can custom cut your own lumber when logs are available can be a very valuable skill.

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Micah Muzny

185 posts in 1156 days

#4 posted 02-12-2015 04:34 AM

Ok thanks for the help everyone!

View WDHLT15's profile


1565 posts in 1899 days

#5 posted 02-12-2015 12:49 PM

I sell it for $3/BF. In places where it is very common, it can sell for half that. Depends on location and availability.

-- Danny Located in Perry, GA. Forester. Wood-Mizer LT40HD35 Sawmill. Nyle L53 Dehumidification Kiln.

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