Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 1,110 | 1,050 |
II | 1,000 | 950 |
III | 740 | 700 |
IV | 590 | 560 |
Avg. I-IV | 780 | 740 |
V | 440 | 420 |
VI | 370 | 350 |
VII | 220 | 210 |
Avg. V-VII | 320 | 300 |
Avg. I-VII | 730 | 690 |
VIII | 70 | 70 |
For all applicable use-value estimates, view Waynesboro’s brochure