I just read an article about the White House and what they estimated it is worth, and I thought I would pass it along to you.
This report comes from zillow.com.
"Zillow publishes free data and Zestimate values for 84 million homes across the country - that's more than 90 percent of U.S. homes. We thought it would be fitting to provide a Zestimate value for the most famous U.S. home of all as president-elect Obama and his family prepare to move in," said Stan Humphries, Zillow's vice president of data and analytice. "Obviously the White House will never be for sale, but given the immense amount of public data on this home, we thought it would be fun to crunch the numbers and say, 'what if.'
Ok. first things first. The Zillow statisticians had to look at the physical aspects of the White House to get started. Here's the stats:
The White House sits on 18 Acres of land and has 55,000 square feet of living space, with 132 total rooms, and of those rooms; 35 are bathrooms, 16 are bedrooms, and 3 kitchens.
They came to the amount of $308,058,000
O.k. so now you can begin to get the scope of how big this house really is!
Well the zillow team didn't stop their here's what it would cost to own that house:
They ran the numbers, and if someone was to take out a standard 30-year, fixed-rate mortgage on the White House with a 20% down payment, and a 6% interest rate, their monthly payment (including principle and interest) would be $1.48 million a month.
Just pocket change!
This report comes from zillow.com.
"Zillow publishes free data and Zestimate values for 84 million homes across the country - that's more than 90 percent of U.S. homes. We thought it would be fitting to provide a Zestimate value for the most famous U.S. home of all as president-elect Obama and his family prepare to move in," said Stan Humphries, Zillow's vice president of data and analytice. "Obviously the White House will never be for sale, but given the immense amount of public data on this home, we thought it would be fun to crunch the numbers and say, 'what if.'
Ok. first things first. The Zillow statisticians had to look at the physical aspects of the White House to get started. Here's the stats:
The White House sits on 18 Acres of land and has 55,000 square feet of living space, with 132 total rooms, and of those rooms; 35 are bathrooms, 16 are bedrooms, and 3 kitchens.
They came to the amount of $308,058,000
O.k. so now you can begin to get the scope of how big this house really is!
Well the zillow team didn't stop their here's what it would cost to own that house:
They ran the numbers, and if someone was to take out a standard 30-year, fixed-rate mortgage on the White House with a 20% down payment, and a 6% interest rate, their monthly payment (including principle and interest) would be $1.48 million a month.
Just pocket change!
Posts
No comments:
Post a Comment