Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 400 | 380 |
II | 360 | 340 |
III | 270 | 250 |
IV | 210 | 200 |
Avg. I-IV | 300 | 280 |
V | 160 | 150 |
VI | 130 | 130 |
VII | 80 | 80 |
Avg. V-VII | 100 | 100 |
Avg. I-VII | 290 | 270 |
VIII | 30 | 30 |
For all applicable use-value estimates, view Page’s brochure