Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 80 | 80 |
II | 70 | 70 |
III | 50 | 50 |
IV | 40 | 40 |
Avg. I-IV | 60 | 60 |
V | 30 | 30 |
VI | 30 | 30 |
VII | 20 | 20 |
Avg. V-VII | 30 | 30 |
Avg. I-VII | 50 | 50 |
VIII | 10 | 10 |
For all applicable use-value estimates, view Bath’s brochure