Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 650 | 620 |
II | 580 | 560 |
III | 430 | 410 |
IV | 350 | 330 |
Avg. I-IV | 470 | 450 |
V | 260 | 250 |
VI | 220 | 210 |
VII | 130 | 120 |
Avg. V-VII | 190 | 180 |
Avg. I-VII | 410 | 390 |
VIII | 40 | 40 |
For all applicable use-value estimates, view Winchester City’s brochure