Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 40 | 40 |
II | 40 | 40 |
III | 30 | 30 |
IV | 20 | 20 |
Avg. I-IV | 40 | 40 |
V | 20 | 20 |
VI | 10 | 10 |
VII | 10 | 10 |
Avg. V-VII | 10 | 10 |
Avg. I-VII | 30 | 30 |
VIII | 0 | 0 |
For all applicable use-value estimates, view Fluvanna’s brochure