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I value my sites at 3 yrs worth of profit. Most of them have been running and growing for over 5 yrs so anything less than that wouldn't be worth it.
I know owners who've stopped updating sites for years and still get a monthly return (although diminishing) for each month for all those years. One enterprising mate from the UK, didn't update for a year - when it came up to being 12 months old he simply changed the year on the updates and not the month so it looked like it was new updates!
seanchai
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