Domain valuation tools are online web apps and software designed to help users have a close estimate of the value of a domain name. They use a combination of factors and built in algorithms to calculate and determine the market value of a domain name at a given period of time. This will help the buyer or seller to make an informed decision about buying or selling the domain.
What is a Domain Appraisal Tool?
Domain valuation tools are used to identify websites or domains that are worth buying or selling, determine if the website or domain is worth investing in, and set a price for your domain as the seller.
But if you want to get an estimate on a domain name, what domain appraisal service should you use? Fortunately, we’ve got you covered. Below, we’ve laid out some of the best domain valuation tools, so keep reading to find out more.
What is a Domain Name?
Domain names are unique names or identifiers for websites. They are addresses that people across the world can use to find websites online. Domain names are often purchased on a tenure basis from domain registrars or domain hosting companies such as Godaddy, Domain.com, Google Domain, Name.com, etc.
According to Internetlivestats.com; there are over 1.98 billion websites in the world, and each of these websites has its unique domain name URL (Universal Resource Locator) which is used to access the website on the World Wide Web.
Website Vs. Domain Name
According to Google Domains,” A domain is the name of a website, a URL is how to find a website, and a website is what people see and interact with when they get there. In other words, when you buy a domain, you have purchased the name for your site, but you still need to build the website itself.”
Best Domain Valuation Tools
You’re going to need a domain appraisal service if you want to estimate the cost of your domain name. In light of this, We have scoured the internet to find some of the best domain valuation tools and services.
1. Estibot
Estibot is a domain appraisal service that provides both free and premium appraisal services. It offers a wide range of tools for appraising domains and conducting market research including a domain trademark checker.
It is a tool that relies on a statistically computed model to estimate a domain’s value based on over one hundred factors. These include the age of the domain, traffic, backlinks number and quality, Domain Authority, spam score, and more factors.
The estibot website is designed to be simple to use, all you had to do is enter the domain name you want to get a domain estimate for and click on the enter button to get a result. The free user on estibot has only a few tries per day, you can signup for the premium version to unlock more features and annex the company’s human-based estimates.
You get estimated sales value and search volume information with this tool, that allowing you draw some inference about a certain domain prior to its purchase. It may not be an exact figure, but the estimated value can help you decide if the domain is worth buying or selling.
2. Domain Index
Domain Index is a free domain appraisal tool that gives you more than just a simple cost estimate. It provides additional metrics about the domain such as the age of the domain, trademark risk, SLD, TLD rating, appraisal accuracy, and more.
Domain Index is one of the most comprehensive domain valuation tools available today. It provides an in-depth analysis of a website’s value and overall potential.
The company gives maintains they give 7 free daily usages to users, but we only get to use the tool for once before the free account was restricted and compelled to upgrade to the paid plan.
3. Free Valuator
Free Valuator is a service that provides users with the best domain name valuation tools online. It is free to use and has a paid option for professional appraisals.
It provides information about the estimated domain value in USD, sees if the domain is listed for sale on any popular domain marketplace such as SEDO, Moz DA, and Page authority data. It also provides the ability to submit the domain for crowd appraisal, domain age, and more.
We tried to use the tool to check a couple of domain names, everything went fine without any form of hard-selling on the website. You can as well get one of their operatives to do a professional valuation for you.
4. GoDaddy
Godaddy is about the most popular domain registrars in the world, with over 21 million customers across the Globe. Godaddy keeps striving to make their platform as all-encompassing as possible its millions of users across the globe. One of the tools available on the Godaddy platform is a simple domain valuation tool.
This sleek domain evalution tool is easy to use and helps you get a quick estimate of what your domain is worth.
Due to the Authority of GoDaddy in the domain industry, it is safe to say that the domain estimation tool is nearly accurate. The tool tells you the value keywords in the domain and related domains that were sold and at what price.
The only downside of the tool is, it doesn’t give so much information than just the estimated value figure, and quite a handful of upsell options, but we love the fact that the tool is free to all users.
According to Godaddy on their website, this is how their algorithm calculates the value of each domain:
“GoDaddy estimates the value of each domain by looking at millions of historical domain name sales. The estimated value may or may not rely upon this particular domain’s sales data, as the domain may not have previously sold. Sellers may ask, and you may ultimately settle, for a price below or above this estimated value.“
5. Website Outlook
Website Outlook is a website that provides information about the domain value and who is the owner of the domain. With this tool, you can find out what your domain name is worth, domain creation date, update and expiration date, and registrar and owner details via the detailed WHOIS report. Website Outlook focuses more on SEO-related metrics than domain valuation.
6. Worth of Web
The worth of Web Website Value Calculator is the best domain valuation tool for finding out the worth of a website. This tool will calculate the website value, revenue, page views, and estimated traffic stats over time.
The Web can be used to find out the worth of a website by calculating its traffic stats and revenue over time. It also gives an estimate of how much it would cost to buy or sell a website. The tool gives better statistics for older and well-established domains or websites.
This tool is available as part of our Worth of Web service which provides comprehensive website valuation reports for your business. The worth of Web has evaluated over 20,000,000+ websites so far since its inception in 2011.
7. Flippa
Flippa is a best-in-class online auction platform and marketplace that connects buyers and sellers of digital products such as domains and websites together in one place.
It recently launched it’s domain evaluation service for free. Users now have access to the value of their domain or websites before deciding to list for sale or buy on the website.
Flippa’s online business valuation tool works by means of a chatbot was created as a way for people to find out more information about the site they are considering buying or selling. It will provide a list of queries about your business.
Flippa then uses your inputs and compares data to thousands of similar sites that have sold on Flippa. It then incorporates these data into its estimate, making it more tailored to you.
8. Sedo
Sedo is a top global domain name marketplace with a wide range of services. Domain valuation service is one of the additional services offered by SEDO, done by experts and said to be scientifically backed and fast.
Sedo’s domain valuation service is not your regular domain valuation tool due to its hefty price point of ₦99 per report.
From the onset, Sedo has been focused on providing high-quality services for the users of their platform. They have always put their customers first and this has led to the success of the business thus becoming the leading global domain name marketplace.
Sedo has the world’s largest database of domains ever sold, so you can be rest assured that the domain valuation service provided will be worthwhile. They use a permutation of several market indicators such as the age, length of the domain, the domain extension (TLD), how memorably short the domain is, language complexity of the domain, SEO, Business, and market potential. These factors are used to determine the value of a domain or website.
The above-listed algorithms and others are used by the company to determine the value of a given domain. This platform also provides users with an easy way to sell their domains by listing them on Sedo’s site.