Comparable sales & offer analysis
Parcel IA-381227
Winneshiek County, IA · 1.34 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$10,500
Adjusted value
$13,375
Value range
$10,449–$16,300
Comp $/acre
$9,981/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.5% versus the adjusted value.
Offer position
Max allowable offer
$7,643
Offer $/acre
$5,704/ac
Projected profit
$4,012
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 |
|---|---|---|---|---|---|---|
| IA-270852 | 1.0 | Feb 7, 2026 | $15,900 | 15,544 | 13,530 | 80 |
| IA-132737 | 4.0 | Jul 27, 2026 | $36,200 | 9,075 | 9,387 | 79 |
| IA-822361 | 3.0 | Jul 27, 2026 | $30,800 | 10,126 | 10,635 | 77 |
| IA-511041 | 1.2 | Oct 17, 2025 | $11,200 | 9,540 | 7,137 | 75 |
| IA-102408 | 3.1 | Oct 8, 2025 | $31,400 | 9,980 | 8,994 | 75 |
| IA-352457 | 3.3 | Jul 27, 2026 | $35,600 | 10,930 | 9,095 | 73 |
| IA-352936 | 4.6 | Jul 27, 2026 | $64,900 | 14,087 | 12,457 | 73 |
| IA-662065 | 2.5 | Jan 31, 2026 | $21,700 | 8,853 | 9,097 | 73 |
| IA-920731 | 0.9 | Sep 2, 2024 | $8,100 | 8,713 | 6,798 | 71 |
| IA-662113 | 2.5 | Jan 3, 2024 | $29,100 | 11,457 | 12,786 | 62 |
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.