Halifax

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	1,040	990
II	930	890
III	690	660
IV	550	530
Avg. I-IV	780	750
V	420	400
VI	350	330
VII	210	200
Avg. V-VII	330	310
Avg. I-VIII	770	730
VIII	70	70

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