Comparable sales & offer analysis
Parcel MN-624731
Lake of the Woods County, MN · 20.01 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$226,400
Adjusted value
$135,535
Value range
$114,084–$156,986
Comp $/acre
$6,773/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +67.0% versus the adjusted value.
Offer position
Max allowable offer
$77,448
Offer $/acre
$3,870/ac
Projected profit
$40,660
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-995375 | 31.9 | Jul 27, 2026 | $110,900 | 3,476 | 5,384 | 82 |
| MN-954202 | 13.6 | Jul 27, 2026 | $54,500 | 3,994 | 6,431 | 74 |
| MN-326111 | 54.4 | Jul 27, 2026 | $225,600 | 4,148 | 7,269 | 71 |
| MN-613413 | 7.7 | Jan 26, 2026 | $48,600 | 6,311 | 8,514 | 70 |
| MN-653307 | 7.1 | Jul 16, 2025 | $39,200 | 5,498 | 7,540 | 67 |
| MN-376017 | 50.8 | Apr 15, 2024 | $198,600 | 3,908 | 6,136 | 66 |
| MN-715505 | 35.1 | Jun 11, 2025 | $100,600 | 2,868 | 5,494 | 64 |
| MN-223449 | 7.9 | Oct 19, 2025 | $80,200 | 10,138 | 8,179 | 64 |
| MN-955394 | 32.4 | Apr 26, 2024 | $101,700 | 3,144 | 6,209 | 61 |
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.