What It Would Cost You To Buy The White House
Say you wanted to buy the White House — just how much money might you need? According to the latest estimate, you’d need $284.9 million dollars. That’s up nearly $5 million more than it was worth four years ago.
But if you buy the White House, what are you getting, exactly?
Well, aside from some of the most desirable real estate in the country, you’re also getting 11 bedrooms, 35 bathrooms, and lots and lots of office space. Plus, the house sits on 18 acres of (very, very, well-protected) grounds. The presidential home was originally located in Philadelphia, Pennsylvania, before the capital was moved to D.C. Ground broke on the White House in 1792, but it wasn’t actually ready to be occupied until 1800, when then-president John Adams moved in.
Surprisingly, the White House actually isn’t worth as much as it used to be. In 2006, during George W. Bush’s term and at the height of the real estate bubble, the house was estimated to be worth $299.9 million. [MSN]