Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 270 | 250 |
II | 240 | 230 |
III | 180 | 170 |
IV | 140 | 140 |
Avg. I-IV | 190 | 180 |
V | 110 | 100 |
VI | 90 | 80 |
VII | 50 | 50 |
Avg. V-VII | 70 | 60 |
Avg. I-VII | 170 | 160 |
VIII | 20 | 20 |
For all applicable use-value estimates, view Nelson’s brochure