Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 490 | 470 |
II | 440 | 420 |
III | 330 | 310 |
IV | 260 | 250 |
Avg. I-IV | 320 | 300 |
V | 200 | 190 |
VI | 160 | 160 |
VII | 100 | 90 |
Avg. V-VII | 130 | 120 |
Avg. I-VII | 260 | 250 |
VIII | 30 | 30 |
For all applicable use-value estimates, view Washington’s brochure