Income Approach– Estimated use-value of agricultural land ($/acre)
Land Class | Use-Value Without Risk | Use-Value With Risk |
---|---|---|
I | 470 | 450 |
II | 430 | 410 |
III | 320 | 300 |
IV | 250 | 240 |
Avg. I-IV | 320 | 300 |
V | 190 | 180 |
VI | 160 | 150 |
VII | 90 | 90 |
Avg. V-VII | 110 | 110 |
Avg. I-VII | 270 | 260 |
VIII | 30 | 30 |
For all applicable use-value estimates, view Wythe’s brochure