Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 430 | 410 |
II | 390 | 370 |
III | 290 | 270 |
IV | 230 | 220 |
Avg. I-IV | 280 | 260 |
V | 170 | 160 |
VI | 140 | 140 |
VII | 90 | 90 |
Avg. V-VII | 110 | 110 |
Avg. I-VII | 230 | 220 |
VIII | 30 | 30 |
For all applicable use-value estimates, view Washington’s brochure