Did you know there are over 2,000 producing wells in Trumbull county Ohio? If you want to know the value of mineral rights in Trumbull county Ohio, you’re in the right place! This article will help you understand how to find the value of your mineral rights. If you have questions about your mineral rights, fill out the form at the bottom of this page and we can answer your questions.
How to Exactly Value Mineral Rights
To determine the value of mineral rights in Trumbull County Ohio, the number one way to find out how much your mineral rights are worth is to put them on the market for sale. Mineral rights fluctuate in value based on a number of factors which makes determining the exact value difficult. If you want to know the exact value, you can only determine this by selling mineral rights or selling royalties.
If you want to sell royalties or sell mineral rights, we recommend that you list them online through US Mineral Exchange. The reason is that they will get your property in front of a large audience of buyers who compete for your property. As a mineral owner, you want to make sure you get the highest possible value for your mineral rights. The best way to do that is make sure that every buyer on the market knows your property is for sale! This is the reason why we recommend listing at US Mineral Exchange. They are like the MLS of mineral rights.
How to Estimate the Value of Mineral Rights
If you’re not ready to sell royalties or sell mineral rights, you can still get a rough idea about the value. To estimate the value of mineral rights in Trumbull county Ohio, it will make a large difference if you own producing mineral rights or non-producing mineral rights.
Producing Mineral Rights:
Producing mineral rights will generally generate a royalty check each month. If you are receiving royalties each month in the mail, this means that you own producing mineral rights. Due to the fact you are getting an amount each month, we can more easily figure out the value of mineral rights in Trumbull County Ohio. To figure out the value, simply take the average amount you receive each month and put it in the first box below to see a range of what your mineral rights are worth.
Non-Producing Mineral Rights:
If you own non-producing mineral rights, you won’t be receiving a check every month for royalties. The value of your mineral rights is much harder to determine. We’ve written some in depth articles on the factors that affect your mineral rights but the only way to know how much your non-producing mineral rights are worth is to sell them online through US Mineral Exchange. If you want a rough number, it could be worth anywhere from a $100/acre to $7,500+/acre. The value of your mineral rights depends heavily on so many factors that it can change in price quickly within that range.
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.
