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ValuationPricingSaaS

How to Value Your Micro-SaaS or Side Project (Pricing Guide)

VibePath Team8 min read

How Much is Your Side Project Worth?

Pricing a side project can feel like guesswork. Too high and you'll scare off buyers. Too low and you're leaving money on the table.

This guide gives you concrete formulas and examples for valuing your project.

The Two Types of Projects

Revenue-Generating Projects:

These have paying customers and monthly recurring revenue (MRR). They're valued using revenue multiples.

Non-Revenue Projects:

These include starter kits, templates, and tools without customers. They're valued based on development time and included assets.

Valuing Revenue-Generating Projects

The Standard Formula:

```

Valuation = Monthly Net Profit × Multiple (12-36x)

```

Choosing Your Multiple:

  • **12-18x**: Declining revenue, high churn, old tech stack
  • **18-24x**: Stable revenue, moderate growth
  • **24-36x**: Growing revenue, low churn, modern stack
  • Example:

  • Monthly revenue: $500
  • Monthly costs: $50
  • Net profit: $450
  • Growth: Stable
  • **Valuation: $450 × 20 = $9,000**
  • Valuing Non-Revenue Projects

    The Development Time Method:

    ```

    Valuation = Hours Invested × Hourly Rate × Discount Factor

    ```

    Hourly Rate Guidelines:

  • Junior developer code: $50-75/hour
  • Senior developer code: $100-150/hour
  • Specialized/niche expertise: $150-300/hour
  • Discount Factor:

    Apply 30-60% discount because buyers take on risk.

    Example:

  • Development time: 100 hours
  • Quality: Senior-level code
  • Hourly rate: $125
  • Discount: 50%
  • **Valuation: 100 × $125 × 0.5 = $6,250**
  • What Increases Value

    Technical Factors:

  • Clean, documented code (+20-30%)
  • Tests included (+10-20%)
  • Modern tech stack (+10-15%)
  • Mobile responsive (+10-15%)
  • Business Factors:

  • Existing users/waitlist (+20-50%)
  • SEO rankings (+10-30%)
  • Email list included (+10-20%)
  • Domain included (+5-15%)
  • What Decreases Value

  • Technical debt (-20-40%)
  • Outdated dependencies (-10-20%)
  • No documentation (-20-30%)
  • Security issues (-30-50%)
  • Seller unresponsiveness (-20-30%)
  • VibePath Price Ranges

    Based on our marketplace data:

  • **$50-200**: Templates, simple scripts, browser extensions
  • **$200-500**: Starter kits, landing pages with components
  • **$500-2,000**: Mini SaaS, tools with users, mobile apps
  • **$2,000-5,000**: Revenue-generating projects, established tools
  • The Bottom Line

    Most side projects sell for less than their creators expect. Be realistic, document everything, and remember: a sold project is better than a rotting side project on your hard drive.

    Ready to buy or sell?

    Browse projects or join the waitlist to start selling