How Much is the White House Worth?

Zillow has published one of its Zestimates, claiming that the White House, a 16-bedroom, 35-bathroom single-family home located at 1600 Pennsylvania Avenue would be worth about $319 million on the open market.

The White House isn’t for sale, but Matthew Yglesias did a bit of research and found the price at odds:

This turns out to be rather substantially at odds with the Washington, D.C., Office of Tax and Revenue’s take on the matter. Assessor Folu Addy’s take on the property is that it’s a commercial building worth almost $1 billion. The difference seems to largely come down a different assessment of the land involved. Washington views parcel 0187S 0800 as a quite expansive area whose land alone is worth $963,825,340. The physical structures are valued at a mere $31,174,660.

Hmm.

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