Comparable sales & offer analysis
Parcel IA-132737
Winneshiek County, IA · 3.99 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,400
Adjusted value
$40,786
Value range
$33,141–$48,431
Comp $/acre
$10,222/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.8% versus the adjusted value.
Offer position
Max allowable offer
$23,306
Offer $/acre
$5,841/ac
Projected profit
$12,236
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-352936 | 4.6 | Jul 27, 2026 | $64,900 | 14,087 | 12,137 | 90 |
| IA-352457 | 3.3 | Jul 27, 2026 | $35,600 | 10,930 | 8,862 | 86 |
| IA-822361 | 3.0 | Jul 27, 2026 | $30,800 | 10,126 | 10,362 | 84 |
| IA-102408 | 3.1 | Oct 8, 2025 | $31,400 | 9,980 | 8,764 | 80 |
| IA-203258 | 5.8 | Feb 28, 2026 | $84,800 | 14,540 | 10,918 | 76 |
| IA-512797 | 4.2 | Aug 18, 2024 | $63,400 | 15,203 | 14,100 | 75 |
| IA-994044 | 10.3 | Jul 27, 2026 | $162,800 | 15,809 | 11,722 | 72 |
| IA-662065 | 2.5 | Jan 31, 2026 | $21,700 | 8,853 | 8,864 | 71 |
| IA-634363 | 13.0 | Jul 27, 2026 | $128,200 | 9,881 | 7,479 | 70 |
| IA-381227 | 1.3 | Oct 24, 2024 | $10,900 | 8,134 | 8,572 | 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.