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The White House Listed On Real Estate Website
Forget visiting the White House, if you have $10 million you can own it. At least that is the price for the president's home on the real estate website Redfin. From the article: "Obviously this is an error. It looks like Redfin software pulled an example listing from the website Owners.com by mistake. That example listing was the White House. We have e-mailed Redfin for comment." I know it's historic but it still looks a bit on the high side according to the comparables in the area.
Is the White House for sale? No, but you can certainly *rent* it for four years at a time, if the price is right.
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If so, I don't want it even if they give me a billion to own it! ;-)
I think the price is a little high. You can buy a senate office for a lot less than that.
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It might be 'to' pricey, but you can buy 'to' of them if you want 'to'.
I didn't think things had gotten so rough for Halliburton that they would need to start selling some of their properties...
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Then you haven't been paying very close attention...
Well, property values have gone right down ever since those colored people moved into the area.
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Per the District of Columbia Assessor, the property is assessed at $995 million -- $963m for the 18 acres of land and $31.1m for the building.
This isn't news really, I mean we all know that the white house has been for sale to the highest bidders for that last few administrations.
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It's pretty tough to come up with an accurate number for a building that complicated without a decent amount of work, but we can ballpark some numbers just to give us something to think about. According to whitehousehistory.org, there's about 55,000 sq. ft. worth of space in the building. The typical american stick-frame house usually runs somewhere between $100 to $200 per square foot, depending on the design/finishes/etc. If we split that, and go with $150 per sq. ft., we're already up to $8.25 million. I think once you add on the fact that it's not 2x4 wood framing (there's actually a steel frame that replaced the original heavy timber framing), and that you've got stone facade rather than vinyl siding, probably some very nice finishes, plus the fact that a bunch of people work there all day, plus all the security stuff, plus facilities for tours coming through, etc...you'd probably be looking at at least three or four times that. Buildings are expensive.
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This isn't news really, I mean we all know that the white house has been for sale to the highest bidders for that last few administrations.
The White House... and every other government center of power... has been for sale on and off since they all came to exist. That's the rotten nature of politics. The more a politician claims to be cleaner than his opponents, the more skeletons he has in his closet.
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