The present invention discloses a special wood modifier and a preparation method thereof. The special wood modifier comprises the following components, by weight, 500-800 parts of formaldehyde, 20 parts of urea, 200-400 parts of a phenol compound, 150-300 parts of organosilicon, 5-30 parts of an alkali catalyst, and 10-50 parts of an additive, wherein the formaldehyde is an aqueous solution with a mass concentration of 35-37%. According to the present invention, the special wood modifier mainly comprises a low molecular weight modified phenol formaldehyde resin, has characteristics of low viscosity, good water solubility, good storage stability, simple synthesis process, and low formaldehyde emission, and is applicable for modifications of various tree species, especially for modifications of fast-growing wood so as to provide high economic values; and density, size stability, hardness, water resistance and corrosion resistance of a base material can be substantially improved after the wood is treated by the special wood modifier.