closed KilleenHomes.com and "City"Homes.com domains generally

[redomainer]

I've been buying "City"Homes.com names (KilleenHomes.com, NampaHomes.com, etc-these are not for sale).

I've been trying to develop some type of metric to use when I purchase these domains. The best I've come up with is to work off a per person formula (say "x" cents per person living in the city/population). I also take into account a few other things (part of the country, free-standing v. suburb, growth, etc.).

I'd like input as to how much you think "City"Homes.com names are worth in terms of cents per person living in the city. For example: Killeen, TX has a population of 102,000. How much is the domain KilleenHomes.com worth?

Does it make sense to use the per person metric or should I use something else? Any thoughts?

Bill

 

[Dale Hubbard]

Population is the metric I would choose.

 

[DomainMagnate]

Population and depends on the country too.

I got www.jakartahomes.com, check out the site

~MG

 

[redomainer]

Thanks guys for the posts. Any opinions as to how many cents per person US "City"Homes.com domains should be worth?

 

[Gerry]

I've been buying "City"Homes.com names (KilleenHomes.com, NampaHomes.com, etc-these are not for sale).

I've been trying to develop some type of metric to use when I purchase these domains. The best I've come up with is to work off a per person formula (say "x" cents per person living in the city/population). I also take into account a few other things (part of the country, free-standing v. suburb, growth, etc.).

I'd like input as to how much you think "City"Homes.com names are worth in terms of cents per person living in the city. For example: Killeen, TX has a population of 102,000. How much is the domain KilleenHomes.com worth?

Does it make sense to use the per person metric or should I use something else? Any thoughts?

Bill

You seriously need to research where the hot housing markets are right now and expected for the next couple of years. More importantly, you need to be doing even more research on the cold markets.

It is not going to be population based but viability based. Is and will a particular area continue to see growth? Where do people want to live? Where do people want to work? Where do people want to retire?

Several publications (and I am sure websites) will provide a look at these. Some will also clue you into where the most overpriced homes are, the most on the market, number of days on market, etc.

I would spend the time doing the needed research before spending the funds.

 

[Dale Hubbard]

Yo Doc, I agree there. But the primary metric is population and thereafter you can evaluate viability and growth potential I think as 'sub-metrics'? More jargon-coining perhaps?

 

[Gerry]

Yo Doc, I agree there. But the primary metric is population and thereafter you can evaluate viability and growth potential I think as 'sub-metrics'? More jargon-coining perhaps?

Perhaps...neat word.

Here across the pond it may be a tad different. Boom towns go bust and then something else springs up. Some markets will also be boom. Some are up and coming.

With the looming housing market crash here in the states, some folks are going to loose their shirts (and their houses).

The question is, is that a bad thing or good thing? Ice cold housing market creates a sellers' nightmare but a buyer's bonanza?

I would stay with the more populated, more affluent parts of the country like Palm Springs, etc. But rather than Killeen TX, Dallas-Fort Worth area (especially Fort Worth) is on every one's radar as one of the Top 10 places to work and live. Economy, jobs, education, outdoor life, cultural events, and other metrics seem to weigh in more than population to a degree.

So that is where I would focus my attention...on the bright prospects rather than random towns, cities, and locales simply because they are available for regging.

In reality, I have been doing this to a degree. A new keyword is "Megatropolis". So I am not just looking at the US markets but global markets. Of the Top 10, I believe 3 were in China and 3 in India. These are experts who are predicting populations in 2015.

And I can tell you this; I don't want to be in some of those places. Staggering and mind-boggling numbers.

 

[redomainer]

Thanks Doc-

I do research by looking at city-data.com which gives me growth rate, home values as they relate to other cities in the state and loads of other demographic info. I also do a Google map search. I've been a Realtor (as a side note-I've noticed many domainers don't know the word Realtor is TM and cannot be used even by agents like me) for over twelve years so I use my "gut" a lot when buying "City"Homes.com names.

Is anyone willing to give me an estimate of value for KilleenHomes.com or how much they think I should pay per person (2 cents, 5 cents, 10 cents, 20 cents?) for "City"Homes.com names?

 

[sashas]

I personally would think of it as primarily dependent on demographics of the population, rather than the number

there are many many cities in India with populations of over 500,000. But their name+homes.com wouldn't be worth even pennies, because these cities have such low internet penetration.

A much smaller, but richer city in the US could be more lucrative. Palm Springs has a population of just over 40,000. But PalmSpringsHomes.com could be worth a lot lot more than say, JabalpurHomes.com (Jabalpur is a town in India).

Then of course, there are the big names...NewYorkHomes.com will always be worth a few very pretty pennies, no matter the state of the housing market

 

[Gerry]

Thanks Doc-

I do research by looking at city-data.com which gives me growth rate, home values as they relate to other cities in the state and loads of other

Not exactly what I am talking about.

Look at financial forecasts and the like of Wall Street Journal, Forbes, US News and World Report.

A wealth of information to be found...ie, if a certain university is ranked in the top 100, there is a good chance the community it is in will prosper and is doing well.

Doubtful city-data.com would have the data or research done by Forbes staff to rank Ft Worth Texas in the top 10 in the country.

As for Killeen, without knowing a thing about it other than a town in Texas, I am not sure an appraisal is even worth giving.

And a price per person? Never heard of such an evaluation method. Enduser and what someone is willing to pay for it is the value.

 

[sashas]

if a certain university is ranked in the top 100, there is a good chance the community it is in will prosper and is doing well.

I wouldn't bet on that I live in Buffalo, where University of Buffalo (ranked mostly among the top 100-120) is expanding like mad (I go there). And trust me, there is no city more sleepy than Buffalo in the entire NY state.