Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 290 | 280 |
II | 260 | 250 |
III | 200 | 190 |
IV | 160 | 150 |
Avg. I-IV | 200 | 190 |
V | 120 | 110 |
VI | 100 | 90 |
VII | 60 | 60 |
Avg. V-VII | 60 | 60 |
Avg. I-VII | 190 | 180 |
VIII | 20 | 20 |
For all applicable use-value estimates, view Henry’s brochure