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Does a domain's value build over time or reset every time it changes hands?

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When a domain gets sold, does its value carry over from its past, history, usage, visibility or does it basically start fresh under a new owner?

Does ownership change the domain or just the narrative around it?
 
That's a a good question. I own a one-word .ai domain. The domain had expired when I bought it last year but it appears for the first time in the Wayback Machine on December 2021.(I'm not sure if there's a way to check when a domain was first registered.) Does that mean the domain is over four years old or did its age reset when I bought it?
 
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That's a a good question. I own a one-word .ai domain. The domain had expired when I bought it last year but it appears for the first time in the Wayback Machine on December 2021.(I'm not sure if there's a way to check when a domain was first registered.) Does that mean the domain is over four years old or did its age reset when I bought it?
If it expired and was deleted from the registry before you registered it, then the registration age effectively restarted. From the registry’s perspective it’s a new domain again.

But the interesting part is that market perception doesn’t always reset with the registry record. If the name itself is strong, buyers usually care more about the quality of the string.
 
If it expired and was deleted from the registry before you registered it, then the registration age effectively restarted. From the registry’s perspective it’s a new domain again.

But the interesting part is that market perception doesn’t always reset with the registry record. If the name itself is strong, buyers usually care more about the quality of the string.
Thanks!
 
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