Income Approach– Estimated use-value of agricultural land ($/acre)
| Land Class | Use-Value Without Risk | Use-Value With Risk |
|---|---|---|
| I | 4,230 | 4,030 |
| II | 3,810 | 3,620 |
| III | 2,820 | 2,680 |
| IV | 2,260 | 2,150 |
| Avg. I-IV | 3,700 | 3,520 |
| V | 1,690 | 1,610 |
| VI | 1,410 | 1,340 |
| VII | 850 | 810 |
| Avg. V-VII | 890 | 850 |
| Avg. I-VII | 3,550 | 3,370 |
| VIII | 280 | 270 |
For all applicable use-value estimates, view Westmoreland’s brochure