If you are curious about mineral rights value in McKean County Pennsylvania, you’re not alone! Many mineral owners are curious to know about the value of mineral rights. You might be receiving royalties and want to know what you could get for selling royalties. You may just be curious about the value. You might be curious about how the drop in oil prices is affecting mineral buyers and mineral rights value in McKean County Pennsylvania. Regardless of why you want to know about the value, it’s one of the most common questions we get from mineral owners!
How to Value Mineral Rights
Many mineral owners make the mistake of assuming that the value of mineral rights will only go up. Just like the tech bubble and the housing bubbles in recent memory, there is no asset class that is immune from prices declining. Oil and Gas, while exceptionally strong over time, is no exception to this rule. Right now we are seeing the market try and figure out what the true price of oil is. As the market stumbles around trying to find direction, mineral owners are left wondering about how much their mineral rights and royalties are worth.
Whether the market is up or down, there is only one way to truly determine the value of mineral rights. To determine the value of mineral rights, you must place your property in front of a large audience of buyers who compete to pay you the highest price. This allows the market to determine what the current value of your mineral rights are today. When you sell mineral rights or royalties through a reputable company like US Mineral Exchange, your property will be viewed by thousands of mineral rights buyers. All of these buyers are then going to be actively bidding against one another. This allows the market to tell you exactly what the highest possible price of your property is.
It’s important to understand that mineral rights are not like a home or a stock. Mineral rights are extremely unique. Every mineral owner has property that is slightly different than even the property next door because of the geology below. With a house or stock, you can get a reasonable idea of the price because there is a large volume of transactions with publicly available information. Mineral rights have limited to no information available about the pricing and every piece of property is different. It’s for these reasons that the only possible way to know the true value is to place your property in a large market and then see where the offers fall.
How to Value Royalties
As we discussed, the only way to 100% know the value of mineral rights is to place them for sale in a large market. However, if you are considering selling royalties in McKean County Pennsylvania it is possible to come up with of a rough estimate of how much they would sell for. Keep in mind that there are a number of factors that affect the value of royalties which could push the price outside the range provided.
To estimate the value of royalties in McKean County Pennsylvania, fill out the average amount you receive each month in the first box below. To get the most accurate estimate possible, take the average of your last 3 months worth of check stubs:
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.
