Alleghany

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	180	170
II	160	160
III	120	120
IV	100	90
Avg. I-IV	150	140
V	70	70
VI	60	60
VII	40	30
Avg. V-VII	50	50
Avg. I-VII	120	110
VIII	10	10

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