How can I determine the value of my website?
Of course, as they say, it's worth whatever a buyer is willing to pay for it.
I've got a classifieds website that receives hundreds of unique visitors per day. The site sometimes gets ten to twenty new ads posted in a day from a variety of site members. The site has nearing 2000 registered members. It's classifieds for a specific market/niche that is rapidly growing and evolving, and I say that seriously not just in a touting way. So far I've only monetized with adsense and the earnings are ok but not super duper.
And the domain is sweet, two words, alliterated, 6 letters altogether, and perfect for the niche yet general enough that the niche could still be broadened.
I posted a classified ad on my website saying the site was for sale and I've gotten about 7 interested persons responding.
They all want me to give a number but I really have no idea what kind of number is suitable. I'm thinking six figures. But is seven figures out of question?