How much do you think a major city real estate.com would be worth? I see a search volume for seattlerealestate.com of 110,000/mo at $4.68/click.
Domain worth. I have no idea how to appraise a domain. I'm thinking about buying a domain, and I suspect that the advertising value would play some part in its value.
Advertising value may play an important role. BTW, please do consider the age of the domain as well as the kind of traffic it is receiving. If it gets more organic traffic, you can bid high...
Not significant traffic. I think it is being improperly used. Of course, same has been said about business.com....