Alleghany

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	130	120
II	120	110
III	90	80
IV	70	70
Avg. I-IV	110	100
V	50	50
VI	40	40
VII	30	20
Avg. V-VII	40	30
Avg. I-VII	90	80
VIII	10	10

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