Smyth

Income Approach– Estimated use-value of agricultural land ($/acre)

Land Class	Use-Value Without Risk	Use-Value With Risk
I	540	510
II	490	460
III	360	340
IV	290	270
Avg. I-IV	370	340
V	220	210
VI	180	170
VII	110	100
Avg. V-VII	130	120
Avg. I-VII	290	270
VIII	40	30

For all applicable use-value estimates, view Smyth’s brochure