has or dose gas lease's affected prices and value's in 18801 area

Asked by Bluedog, 18801 Tue Jan 5, 2010

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Jeffrey Stro…, Agent, Montrose, PA
Wed Mar 23, 2011
As long as the signed gas lease (along with the mineral rights) transfer to buyer at close it hasn`t really affected prices,as far as skyrocket prices,unless someone is actually getting a royalty check.Bare land, yes the lease`s have affected property prices, its sent them higher! Investors have been willing to pay higher prices for a big chunk of acreage.Hope this helps.
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Dorreen Manl…, Agent, Montrose, PA
Tue Nov 23, 2010
Thank you for your question.
Yes the gas lease in the area has increased the value of land in the area. If you are interested in discussing it further please feel free to give me a call and I will be happy to answer your questions.
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