# Current Valuation on mineral acres

**URL:** https://www.mineralrightsforum.com/t/current-valuation-on-mineral-acres/58243
**Category:** McKenzie County, ND
**Created:** [July 21, 2020, 10:07pm UTC](https://www.mineralrightsforum.com/t/current-valuation-on-mineral-acres/58243 "2020-07-21T22:07:13Z")
**Posts on this page:** 3
**Page:** 1

<div class="post-metadata">

### Author: ![bparrish](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/977dab/32.png) [@bparrish](https://www.mineralrightsforum.com/u/bparrish)
#### Post date: [July 21, 2020, 10:07pm UTC](https://www.mineralrightsforum.com/t/current-valuation-on-mineral-acres/58243/1 "2020-07-21T22:07:14Z")

</div>

One of my cousins is needing a valuation on some mineral acreage in McKenzie County (Township 145 North/Range 99 West) - these particular sections are unexplored so far in the Bakken sense. Can anyone give me a ballpark value for unexplored mineral acreage for that area?

If my cousin needed a more authoritative valuation, any suggestions as to who to contact?

Thanks very much.

---

<div class="post-metadata">

### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 21, 2020, 11:47pm UTC](https://www.mineralrightsforum.com/t/current-valuation-on-mineral-acres/58243/2 "2020-07-21T23:47:03Z")

</div>

The answer depends upon why the cousin needs the evaluation. If for capital gains purposes, then one needs a professional evaluation which may be called a retrospective evaluation since it has to go back to a cost basis at a particular point in time such as a purchase or inheritance so date of death. If a ballpark, then that is a different kind. If a professional is needed, then you can contact the NARO Chapter that includes that area and they may have some suggestions. There is also a national appraiser association and they may have members familiar with the area.

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [October 19, 2020, 10:21pm UTC](https://www.mineralrightsforum.com/t/current-valuation-on-mineral-acres/58243/3 "2020-10-19T22:21:18Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.