Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 460 | 440 |
II | 410 | 390 |
III | 310 | 290 |
IV | 240 | 230 |
Avg. I-IV | 310 | 290 |
V | 180 | 170 |
VI | 150 | 150 |
VII | 90 | 90 |
Avg. V-VII | 110 | 110 |
Avg. I-VII | 270 | 260 |
VIII | 30 | 30 |
For all applicable use-value estimates, view Pulaski’s brochure