Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 960 | 910 |
II | 860 | 820 |
III | 640 | 610 |
IV | 510 | 490 |
Avg. I-IV | 680 | 650 |
V | 380 | 360 |
VI | 320 | 300 |
VII | 190 | 180 |
Avg. V-VII | 280 | 260 |
Avg. I-VII | 630 | 600 |
VIII | 60 | 60 |
For all applicable use-value estimates, view Waynesboro’s brochure