It’s a question we get all the time from minerals owners! What is the value of mineral rights in Stark County Ohio and how much could I sell them for. If you’re wondering about the value of mineral rights in Stark County Ohio, you’re in the right place. This free guide will help explain the value of your mineral rights and what you need to do to maximize the value.
Understanding the Value of Mineral Rights in Stark County Ohio
There are two different kinds of mineral rights you may own. You either have producing mineral rights or non-producing mineral rights. What’s the difference?
Producing Mineral Rights: These are mineral rights that are currently being taken from the ground. You will receive a monthly royalty check based on your share of the production. If you are receiving a royalty check, you have producing mineral rights.
Non-Producing Mineral Rights: If you are NOT receiving a monthly royalty check, you have non-producing mineral rights. This means that you are not getting monthly income, but your mineral rights could still be valuable.
How to Value Producing Mineral Rights in Ohio
If you want to value your producing mineral rights, it’s easy to get a rough estimate. Your mineral rights are going to roughly be worth between 4 years to 6 years of the royalty amount you receive each month. No need to break out a calculator, just fill in the average amount you receive each month into the royalty calculator below and it will give you an estimate range of value for your mineral rights:
Pretty large range of value isn’t it! The reason is that there are a number of different factors that affect the value of mineral rights in Stark County Ohio. All of these will play a role in the value! The best way to determine the value of your producing mineral rights is to list them for sale. When you sell royalties, you want to do it the right way. We recommend that you list them online with US Mineral Exchange.
How to Value Non-Producing Mineral Rights in Ohio
If you want to value your non-producing mineral rights, that can be a more difficult task. Non-producing mineral rights don’t have an amount associated with them because they aren’t producing. This means that a buyer has to place a bet on how much they believe the future value could be.In addition, they will have to hold the mineral rights while they wait for production to take place which could be years, even decades.
If you want a rough estimate, the value could be anywhere from a few hundred per acre to $2,500+/acre. It all depends on the surrounding production, current oil and gas prices, your exact location, and many other factors. The only true way to determine the value of mineral rights in Stark County Ohio is to list them for sale and let the market tell you how much they are worth.
How to Sell Mineral Rights in Stark County Ohio for Maximum Value
If you have decided to sell royalties or sell mineral rights in Stark County Ohio, you want to ensure you get the highest possible value for selling. We recommend that you list your property online through US Mineral Exchange. The reason is that they make the process of selling royalties or mineral rights simple. You simply create a listing at their website, then let all the buyers come to you!
When you list your property at a company like US Mineral Exchange, you allow buyers from all over the United States to see your property is for sale and bid on it. It’s similar to when you list your home on the MLS, it creates a lot of exposure for your property.
Free Consultation
If you own mineral rights and have questions, fill out the free consultation form below. We can help you with the following questions:
- Mineral Rights Value
- Evaluate whether you have a fair offer to sell mineral rights
- Answer questions about selling mineral rights
- Understanding Market Value of Mineral Rights
- + Any other questions related to mineral rights!
No matter what question you have regarding your mineral rights, we can help! We usually respond to your inquiry within 1 to 2 hours!
Whether you want to sell mineral rights, determine mineral rights value, or simply have some basic questions regarding your mineral rights ownership, fill out the form and we will quickly be in touch.
