Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 3,800 | 3,620 |
| II | 3,420 | 3,260 |
| III | 2,540 | 2,420 |
| IV | 2,030 | 1,930 |
| Avg. I-IV | 3,320 | 3,170 |
| V | 1,520 | 1,450 |
| VI | 1,270 | 1,210 |
| VII | 760 | 720 |
| Avg. V-VII | 800 | 760 |
| Avg. I-VII | 3,180 | 3,030 |
| VIII | 250 | 240 |
For all applicable use-value estimates, view Westmoreland’s brochure