Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,210 | 1,150 |
II | 1,090 | 1,030 |
III | 800 | 770 |
IV | 640 | 610 |
Avg. I-IV | 850 | 810 |
V | 480 | 460 |
VI | 400 | 380 |
VII | 240 | 230 |
Avg. V-VII | 340 | 330 |
Avg. I-VII | 790 | 760 |
VIII | 80 | 80 |
For all applicable use-value estimates, view Augusta’s brochure