GoDaddy Domain Appraisal Tool

Have you ever heard of GoDaddy Domain Appraisal Tool to estimate how much worth is your domain name? You need to use a domain appraisal tool provided that you want to buy, sell or invest in domain sale and purchase. Many entrepreneurs and marketers invest in domain auctions to earn a profitable income. There are in the market both paid and free domain appraisal tools. GoDaddy is one of the biggest brands in the industry of domain registration, domain auction, and domain purchase and sale.

GoDaddy free domain appraisal too lets you estimate how much worth is your domain name. By using the domain value estimator tool, you can estimate how much worth the domain you are going to purchase from the domain sellers or you are going to list your domain for sale in the market. You need to use such kind of tool both for the sale and purchase of a domain name. A premium domain’s price may range from 3 figures to 7 figures, which depends on various factors. GoDaddy domain appraisal tool gives you an estimated price on a domain, based on certain determinants linked to the domain.

Want to know more about the GoDaddy domain appraisal tool? Go through the following points and you will learn how to use it to calculate domain price.

Why to Use GoDaddy Domain Price Appraisal Tool?

As a beginner, you can ask me why to use the GoDaddy domain price calculator. GoDaddy includes the following features when it estimates a domain price:

• Evaluates the keyword included in the domain. Each keyword has a unique market value which it calculates while estimating domain price.
• They are the largest domain registrars having more than 84 million registered domains which let them collect real data using their exclusive algorithm combined with machine learning. Moreover, they have been in the industry for more than 20 years. So, they have sufficient data and practical marketing tools and techniques to be used to calculate domain prices.
• The domain price estimated by GoDaddy is almost accurate, as the tool takes into account all the evaluators like keyword, TLDs, age of domain, popularity of the domain, pronunciation, branding opportunity, and character.
• GoDaddy domain appraisal tool lets you estimate domain price, free of cost. You do not need to pay to calculate your domain price. On the other hand, if you use a premium tool to estimate a domain, it may cost about $100 like the Estibot domain price calculator.
• GoDaddy domain appraisal tool lets you email and prints your data for further use.

How to Calculate Domain Price with GoDaddy Domain Appraisal Tool?

Do you want to estimate domain price using the GoDaddy free domain appraisal tool? Of course, if your target is to calculate domain price, then you can use both the premium and free tools to estimate domain price. Go through the following steps to estimate domain value.

Type the GoDaddy domain appraisal tool in your browser’s tab or in the searching box of your default search engine and hit the ‘Enter’ button from your keyboard. The browser shows you the following search results.

Now, you can see the search results on Google’s search result pages(SERPs). Click on either of the search results and it takes you to the following page.

Enter the domain name in the field provided therein and click on ‘Get Value.

GoDaddy runs its algorithmic search metrics on it, combined with machine learning, and takes into account several factors like keywords included in the domain, type of TLD, and how long the domain is when analyzed to find out characters.

Generally, a domain with a .com extension is more popular than other TLDs. The other popular domain extensions are .org, .net, .co etc. A domain having a costly keyword is more valuable than another with a cheap keyword. Also, when it calculates domain price, it looks into its length. Domains having 15 or fewer characters are costlier than other domains having more than 15 characters. Because it has a positive impact on user experience.

Are GoDaddy’s Estimated Domain Prices Accurate?

Many users who deal in domain sales and purchases use the GoDaddy domain price calculator but how accurate it is in estimating domain price. It is binding upon you to know how much worth is a domain if you want to sell or purchase that. Because I have already said that you can sell a domain using GoDaddy domain sale or other domain sellers but all that you need to have is that you must be the owner of the domain. Once a domain is sold to the buyer, it needs to be transferred to him. Domain transfer needs an authorization code that can be given only to the actual owner of the domain.

On the other hand, you can purchase a domain name if it is available in the market. In both cases, you should look into the fact that how accurate the price of the domain which you are going to sell or purchase is. That’s why some readers ask how accurate is the GoDaddy domain price estimator. Some others also ask are GoDaddy’s estimated domain prices accurate.

GoDaddy domain appraisal tool has had its own database for the last 20 years. It is the largest domain registrar in the world. When GoDaddy calculates domain price, it uses its algorithmic search metrics combined with machine learning. It takes into account all the possible determining factors to give the most accurate domain price.

Here are some domains with prices estimated by the GoDaddy domain appraisal tool:

The domain “Playgame.com” is a keyword-riched domain that consists of two keywords and the most popular domain extension ‘.com’. Play is a high-value keyword having a sale price of about $2265 and similarly ‘game’ too is a frequently used keyword with an average sale price of $2237.The domain is short and easy to remember. It consists of only 11 characters. But the same domain with .Net extension is worth $5000.

Similarly, the domain ‘Hardware.com’ is worth more than $25,000 whereas the same domain with. Tech TLD is worth $569. So, domain price depends on a lot of factors that GoDaddy domain appraisal tool takes into account.

The domain ‘Wajbaj.com’ is worth less than $100. Why is it so cheap? Do you ever think of it? I have already said before that domains with keywords are costlier than others that do not include keywords. Moreover, ‘Wajbaj’ is a non-English word.

Can I use GoDaddy Domain Appraisal Tool to Calculate Website Value?

GoDaddy’s domain value appraisal tool is only to calculate domain price. If you want to estimate a domain price, you can use this tool. It does not matter whether the domain belongs to you or not. But the domain name should be active, as the tool collects data from real sources. This tool does not count website value. You can use other tools to estimate website value.

So, the GoDaddy domain appraisal tool estimates how worth is your domain. Domain value appraisal is necessary if you want to sell or buy a domain. There are many other free and paid tools to estimate domain price but I think, as I know from my practical experience, the GoDaddy domain appraisal tool is a great tool that you can use to calculate domain price.