Halifax

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

Land Class	Use-Value Without Risk	Use-Value With Risk
I	750	710
II	670	640
III	500	470
IV	400	380
Avg. I-IV	560	530
V	300	280
VI	250	240
VII	150	140
Avg. V-VII	230	220
Avg. I-VII	550	520
VIII	50	50

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