I would of bid $90 for a 1.4 acre property.
I did the gopher site and it came up with $95.
Many a time a customer claimed a ridiculously low price to which I would ask why is their old LCO not doing you this year. Their response has been he has not gotten back to me this year.
Which means that the old LCO's schedule got filled and he dropped them, or at that price there was not enough profit and he is out of business.
So I then tell the customer at that price I would lose money on the job. No wonder your old LCO is not around he went out of business with those prices.
Remember: you are winning every bid then your prices are to low.