Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,130 | 1,080 |
II | 1,020 | 970 |
III | 750 | 720 |
IV | 600 | 570 |
Avg. I-IV | 880 | 840 |
V | 450 | 430 |
VI | 380 | 360 |
VII | 230 | 220 |
Avg. V-VII | 420 | 400 |
Avg. I-VII | 840 | 800 |
VIII | 80 | 70 |
For all applicable use-value estimates, view Prince William’s brochure