Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 910 | 870 |
II | 820 | 780 |
III | 610 | 580 |
IV | 490 | 460 |
Avg. I-IV | 680 | 640 |
V | 370 | 350 |
VI | 300 | 290 |
VII | 180 | 170 |
Avg. V-VII | 310 | 290 |
Avg. I-VII | 640 | 610 |
VIII | 60 | 60 |
For all applicable use-value estimates, view Fredericksburg City’s brochure