Domain name Appraisal

Hi Guys,
I am a newbie in domain name stuff. I am going to buy a domain name and i have used a domain name appraisal service to check the appraisal value of the domain and it is about 680 dollars. The domain name consist of three easy to remember words having 60000 searches monthly. is it worth to get this one?

Is the search global or local? Makes a big difference whether the traffic is from your country or the whole world.

That said, is your target something that will sell in more than a couple of countries? Are you going to target just English speaking visitors or other languages?

I think your at the very early stages of the vetting process. You really need to look at all angles of this.

Global searches are 60000 while the local searches are 18000 and i will target english language only. Another thing is that the domain name is for a blog intended for worldwide users.
does that make sense now?

If its just for yet another MNS then don't buy and move on to another one. If its for your business then you can get it keeping in mind your budget and possible future outcomes.

Was it an automated domain appraisal? Because they are not that reliable.