Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,150 | 1,090 |
II | 1,030 | 980 |
III | 760 | 730 |
IV | 610 | 580 |
Avg. I-IV | 810 | 770 |
V | 460 | 440 |
VI | 380 | 360 |
VII | 230 | 220 |
Avg. V-VII | 330 | 310 |
Avg. I-VII | 750 | 720 |
VIII | 80 | 70 |
For all applicable use-value estimates, view Augusta’s brochure