The White House is the Most Expensive Residence in the U.S.
How much is the White House worth?
Today on Inauguration Day, we take a look at the most expensive residence in the U.S.- the White House.
While it will never be on the market, the property where the President of the United States calls home is worth just under $300 million, according to real estate site Zillow.
Using their proprietary Zestimate® algorithm, which calculates a home’s estimated worth based in part on public data and recent sales, the mansion that sits at 1600 Pennsylvania Ave is valued at $294.9 million.
During President Barack Obama’s first term, the value of the White House has slowly risen by 7%. When the first family moved in back in January of 2009, its value was estimated at $275.6 million. Reflective of the rest of the country, the value peaked in summer of 2006, at $299.9 million.