GoDaddy Auctions is set to reintroduce an updated valuation appraisal tool for its expiring domain name inventory. If you visit GoDaddy Auctions later on this evening, you will be able to see the “Valuation” column will be populated with a valuation range. Previously, the Valuation column was essentially useless because it was based on a parked earnings algorithm that didn’t take the intrinsic value of the domain name into account. In fact, I described GoDaddy valuations as “laughable” in an article I wrote last year.
According to GoDaddy Vice President Paul Nicks, the new and updated valuation tool’s algorithm uses the (presumably) massive database of Afternic sales to determine the retail price range of the domain names for sale in GoDaddy’s expiring domain name auctions. Essentially, the valuation tool is predicting what the domain names would sell for at retail prices if they were listed for sale on Afternic.
The Valuation column will offer a valuation price range rather than a single number. Domain names that the tool appraises at less than $1,000 will be listed as under $1,000 rather than a more specific range. Additionally, domain names the tool appraises at $25,000 or more are in the $25,000+ category rather than having a more specific price range.
One added benefit of the tool for domain investors
GoDaddy has acquired more two letter .com domain names. 
As a Rook Media parking customer, I received an email from 
