Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 550 | 530 |
II | 500 | 470 |
III | 370 | 350 |
IV | 300 | 280 |
Avg. I-IV | 370 | 350 |
V | 220 | 210 |
VI | 180 | 180 |
VII | 110 | 110 |
Avg. V-VII | 130 | 130 |
Avg. I-VII | 320 | 300 |
VIII | 40 | 40 |
For all applicable use-value estimates, view Wythe’s brochure