I used Chat GPT to see how you decide the value of a domain. This is what it said:
Determining the exact value of a domain name can vary widely based on several factors such as its length, memorability, extension (.com, .net, etc.), and market demand. Here are some key considerations:
- Extension: .com domains generally hold higher value than other extensions like .net, .org, etc.
- Length and Memorability: Shorter, easy-to-remember domains are typically more valuable.
- Keywords: Domains containing popular keywords or phrases can be more valuable.
- Market Trends: Current trends and demand in the domain market can affect value.
- Previous Sales: Comparable sales data (known as “comps”) of similar domains can provide a benchmark.
To get an estimate, you can use domain appraisal tools online, consult with domain brokers, or research recent sales of similar domains. Keep in mind that the final value will depend on finding a buyer willing to pay the assessed price.
I used the GoDaddy domain appraisal tool. This is the appraised value of just the domain.
The appraisal also said this:
- Valuable keyword: events is a high value keyword that has an average sale price of $1957.
- Popular keywords: events and texas are widely used keywords.
- Great extension: Uses the .com extension
If you want to see what it says about the overall value of a web page, go to https://openai.com/chatgpt/ and ask anything you want. I asked “Can you tell me the value of this web page? https://www.uptowneventstexas.com/”
