Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,230 | 1,170 |
II | 1,110 | 1,060 |
III | 820 | 780 |
IV | 660 | 630 |
Avg. I-IV | 960 | 910 |
V | 490 | 470 |
VI | 410 | 390 |
VII | 250 | 230 |
Avg. V-VII | 450 | 430 |
Avg. I-VII | 920 | 880 |
VIII | 80 | 80 |
For all applicable use-value estimates, view Prince William’s brochure