Halifax

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	610	580
II	550	530
III	410	390
IV	330	310
Avg. I-IV	460	440
V	250	230
VI	200	190
VII	120	120
Avg. V-VII	190	180
Avg. I-VII	450	430
VIII	40	40

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