Yes sir, even the White House it not immune to the Financial Crisis and loss of value. According to Zillow and their Zestimate, the white house is down about $42 million since its peak in January 2008. I thought this was interesting, funny and ridiculous. After all, who would pay $291 million for the white house??? No one? Therefore how can that be the value or zestimate? I was turned onto this information by the guys at Think Big Work Small, Frank and Brian, they put on a great show. If you have not seen it, http://www.thinkbigworksmall.com/mypage/player/tbws/22296/1457274 there you go!
A little more information about the White House, did you know:
1600 Pennsylvania Ave NW Washington DC 20006
16 beds, 35.0 baths, 55,000 sq ft
A Zestimate home valuation is Zillow’s estimated market value. It is not an appraisal. Use it as a starting point to determine a home’s value.
480-652-2004