Zillow estimated that the White House — if it was put on the market as a residence — would be valued at about $308 million. ...Just one question: What the heck did they use as "comparable sales"?
The Zestimate took into account 1600 Pennsylvania Avenue’s physical attributes, recent comparable sales and local market trends. The 55,000-square-foot White House has 132 rooms, 35 bathrooms, 16 bedrooms, 3 kitchens, and 18 acres of land in downtown Washington, the Web site said.
“Zillow’s statisticians deemed the White House the most historic home in America and applied a maximum historical premium to their models to determine a Zestimate value today of $308,058,000,” the Web site said.
Sunday, January 11, 2009
Zillow: White House worth $308 million
Now here's a house worth every penny: