Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,200 | 3,050 |
| II | 2,880 | 2,740 |
| III | 2,130 | 2,030 |
| IV | 1,710 | 1,630 |
| Avg. I-IV | 2,760 | 2,620 |
| V | 1,280 | 1,220 |
| VI | 1,070 | 1,020 |
| VII | 640 | 610 |
| Avg. V-VII | 1,070 | 1,020 |
| Avg. I-VII | 2,690 | 2,560 |
| VIII | 210 | 200 |
For all applicable use-value estimates, view Caroline’s brochure