Westmoreland

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	3,040	2,890
II	2,740	2,610
III	2,030	1,930
IV	1,620	1,540
Avg. I-IV	2,660	2,530
V	1,220	1,160
VI	1,010	960
VII	610	580
Avg. V-VII	640	610
Avg. I-VII	2,550	2,430
VIII	200	190

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