Giles

Income Approach– Estimated use-value of agricultural land ($/acre)

Land Class	Use-Value Without Risk	Use-Value With Risk
I	470	450
II	420	400
III	310	300
IV	250	240
Avg. I-IV	320	310
V	190	180
VI	160	150
VII	90	90
Avg. V-VII	140	130
Avg. I-VII	240	230
VIII	30	30

For all applicable use-value estimates, view Giles’s brochure