Comparable sales & offer analysis
Parcel MN-461702
Lake of the Woods County, MN · 2.23 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$21,900
Adjusted value
$15,374
Value range
$12,216–$18,532
Comp $/acre
$6,894/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +42.4% versus the adjusted value.
Offer position
Max allowable offer
$8,785
Offer $/acre
$3,940/ac
Projected profit
$4,612
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| MN-681474 | 1.9 | Mar 10, 2026 | $16,500 | 8,720 | 8,849 | 85 |
| MN-762091 | 3.0 | Jun 7, 2025 | $22,800 | 7,702 | 8,145 | 81 |
| MN-481793 | 2.4 | Dec 20, 2025 | $7,200 | 3,041 | 5,679 | 80 |
| MN-622452 | 3.8 | Mar 11, 2026 | $23,300 | 6,073 | 7,662 | 76 |
| MN-561089 | 1.4 | Jun 4, 2026 | $5,300 | 3,695 | 6,709 | 76 |
| MN-231073 | 1.4 | May 25, 2026 | $6,600 | 4,713 | 4,936 | 76 |
| MN-382500 | 4.0 | Dec 4, 2025 | $15,100 | 3,786 | 4,835 | 73 |
| MN-230298 | 0.8 | Jul 27, 2026 | $5,200 | 6,391 | 7,794 | 73 |
| MN-270702 | 1.1 | Dec 28, 2025 | $7,100 | 6,561 | 5,726 | 71 |
| MN-613413 | 7.7 | Jan 26, 2026 | $48,600 | 6,311 | 8,381 | 68 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.