Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,680 | 1,600 |
II | 1,510 | 1,440 |
III | 1,120 | 1,070 |
IV | 900 | 850 |
Avg. I-IV | 1,360 | 1,300 |
V | 670 | 640 |
VI | 560 | 530 |
VII | 340 | 320 |
Avg. V-VII | 560 | 530 |
Avg. I-VII | 1,350 | 1,280 |
VIII | 110 | 110 |
For all applicable use-value estimates, view Amelia’s brochure