Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 930 | 890 |
II | 840 | 800 |
III | 620 | 590 |
IV | 500 | 470 |
Avg. I-IV | 710 | 680 |
V | 370 | 360 |
VI | 310 | 300 |
VII | 190 | 180 |
Avg. V-VII | 310 | 300 |
Avg. I-VII | 690 | 650 |
VIII | 60 | 60 |
For all applicable use-value estimates, view Louisa’s brochure