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Wish I had some land in the Ohio Valley right now...

That's the topic of many conversations throughout Belmont county "Wishing for land". We've struck oil in the Ohio valley. Appalachia is prime real estate for Marcellus Utica. The value of land has gone up for many landowners. Gas and oil leases have been signed for over $5000 an acre with an additional 20% in royalties and those numbers continue to grow. With a mere 20 acres, your family could receive a sign-up bonus check with six figures. That's only the beginning, if oil is drilled the royalties will change lives. We've heard of wells producing royalties of thousands of dollars every month. Many, many thousands of dollars.

Landowners are benefiting and that trickles into the communities that we live in. The hotels and restaurants have already seen an increase in business from the start-up crews working to bring this industry to our valley. Once landowners receive their first checks, the economy starts to change in Belmont County and the immediate area. Families are able to invest in real estate, purchase better cars, send their children to college, remodel their homes, provide necessities for their lives that were sometimes otherwise a struggle, and give back to the community. I heard someone say, if your business is open, you will prosper through the gas and oil boom in the Ohio valley. I believe it and it fascinates me to think of the area building a stronger economy. Wishing for land may be nice, but we'll all reap rewards from the creation of jobs to the growth of businesses, investments and futures being built.

Generations will be life changing and I look forward to being involved in the process.

Melissa Sall
Realtor, Sulek and Dutton Real Estate
MelissaSall.com
Sall.Melissa@gmail.com
740-338-9303

Posted Tuesday Nov 15