Is there a magic formula for pricing geo names?

[HuntingMoon]

Hello DNForum,

When estimating values for domains that are pure geo.com's -- is there general math that is relied upon?

planets, continents, countries, states, cities etc.. do they have ranking?

are other factors estimable based on:
population?
socioeconomic?
current ad/parked revenue
etc..

Thanks!

 

[Johnn]

Divide the population by 1,000
Add $8 for the registration fee
Add $2,000 for the Capital of the state
Multiple by 10 if it is major city

One more thing - this is my secret formula - don't tell anyone...

 

[Fixhotep]

I'll sell you MontpelierBeaches.com for 2k! Its a capital!

On a more serious note, geodomains are difficult to appraise. Since you're talking pure geos, then I would say population would play a huge role. Next would be the number of businesses within the geo.

The order for pure geos, i suppose, would be Continent>Country>State/Province>City. But that's kinda silly since they're just about all registered.

But anyone would take newyork.com over bulgaria.com, ya know?

Now, geo+keyword is a whole different story.

 

[Johnn]

If you take Beaches off I will pay 2K.

 

[DomainBELL]

Divide the population by 1,000
Add $8 for the registration fee
Add $2,000 for the Capital of the state
Multiple by 10 if it is major city

One more thing - this is my secret formula - don't tell anyone...

:becky: pretend you don't see me writing down your SECRET method...

~DomainBELL (Patricia)

 

[Johnn]

Just make sure you know it is a secret.

 

[BidNo]

Popularity as a tourist destination also increases geo value.

 

[DomainBELL]

Just make sure you know it is a secret.

not to worry... Bell = :tape2:

~DomainBELL (Patricia)

 

[HuntingMoon]

And right on queue Bellevue.com tops the charts: http://dnjournal.com/domainsales.htm

time to research the secret formula in relation to the reported sales price of $150k

 

[NetworkMsia]

Hello DNForum,

When estimating values for domains that are pure geo.com's -- is there general math that is relied upon?

Thanks!

check on the pass sales, and you will have a rough idea on what a geo domain is worth.

LOL good one Johnn.

 

[redomainer]

My opinion is that the value should largely be based on the traffic more than the population.

I own two city.com's that have populations around 35,000. The one domain receives MUCH more traffic. The domain that receives more traffic is a "free-standing" city v. being a suburb, the domain had formerly been used by the Chamber of Commerce, has a university of about 14,000 students and hosts training camps for several pro. sports teams. The other city.com is a suburb with next to no growth and very little traffic.

A lot of people will say base price on population. I also have a city.com of a very fast-growing town of 16,000. The domain gets 2-3 times more traffic than the city.com with a population of 35,000-40,000.

Also, don't assume a state.com is necessarily more valuable than a large city. Personally, I'd much rather have LasVegas.com or SanFrancisco.com than NorthDakota.com. I suspect the traffic is better and the leads more targeted than a state people don't travel to much.

Geo prices are all over the board-there's no formula that's going to make a lot of sense. Some of the sales of city.com's that I've seen reported are way above market and don't make sense for an investor.

With the three pure city.coms I've purchased this year, I've paid from 6 cents per person living in the city (population) up to 20 cents per person. The one I paid the most for was the best value and gives me a good return. On the other two, there's next to no return and won't be without some work/development.

That's my 2 cents.

Bill