Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 3,360 | 3,200 |
II | 3,030 | 2,880 |
III | 2,240 | 2,140 |
IV | 1,790 | 1,710 |
Avg. I-IV | 2,810 | 2,670 |
V | 1,350 | 1,280 |
VI | 1,120 | 1,070 |
VII | 670 | 640 |
Avg. V-VII | 990 | 950 |
Avg. I-VII | 2,780 | 2,640 |
VIII | 220 | 210 |
For all applicable use-value estimates, view Southampton’s brochure