Halifax

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,080	1,030
II	970	930
III	720	690
IV	580	550
Avg. I-IV	810	780
V	430	410
VI	360	340
VII	220	210
Avg. V-VII	240	320
Avg. I-VII	800	760
VIII	70	70

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