LandInvestors.com Forums **Ask A Question** Including mining claim listings in comps

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  • #23633
    Laurie Phillips
    Participant
    Post count: 22

    Hi all,

    When looking at comps I’m finding a lot of mining claims as the lowest priced land on landwatch.com, often a lot lower than other comps. Should I ignore them? I expect my mailers will include mining claim land, and if I toss out the mining comps, my offers to those owners will be high.

    Thanks,
    Laurie

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  • Kevin Farrell
    Moderator
    Post count: 1420
    ProAdvanced

    Laurie – I only offer to buy surface rights and would not include “mining claim comps” in my pricing. If I only accept surface right comps for use in pricing my offers, then I will have the right price for surface rights.

    Kevin

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