Giles

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	350	330
II	310	300
III	230	220
IV	180	180
Avg. I-IV	240	230
V	140	130
VI	120	110
VII	70	70
Avg. V-VII	110	100
Avg. I-VIII	180	170
VIII	20	20

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