Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 770 | 730 |
II | 690 | 660 |
III | 510 | 490 |
IV | 410 | 390 |
Avg. I-IV | 590 | 570 |
V | 310 | 290 |
VI | 260 | 240 |
VII | 150 | 150 |
Avg. V-VII | 270 | 250 |
Avg. I-VII | 570 | 540 |
VIII | 50 | 50 |
For all applicable use-value estimates, view Loudoun’s brochure