You’ve probably heard stories of people selling domains for millions of dollars. It can be hard to imagine someone paying so much for a web address, but domain value involves more than just the string of characters your users type into their browsers to reach your site. You may be sitting on a figurative gold mine without realizing it.
Unfortunately, calculating your domain’s value isn’t the most straightforward process. In this article, we’ll go over some of the reasons why you might want to part with a web address, what attributes can influence its worth, and three methods you can use to appraise yours.