Is a cedar tree worth anything?

[Ed O.]

So, as discussed in past posts, I now have a that has to be cut down. To my delight, what I expected to be 600-800 job came in @ 400 on the first bid. It has forced me to wonder if the tree is of enough value to offset some of the removal costs or if I just am off to a good start with my bids.

Is the lumber from the tree worth anything? I'm not sure of the height of the tree, but, like I said, I'd put it in the 600-800 range.
Thanks