It’s the most prestigious address in the country, but even The White House isn’t immune to the downturn in property values.
According to Zillow, the house at 1600 Pennsylvania Ave. is valued at $292.5 million, as of Jan. 18. That’s down from its estimated value of $308.1 on Jan. 8, 2009, and $331.8 million on Jan. 8, 2008.
The 55,000-square-foot, 132-room house features 16 bedrooms and 35 bathrooms. Of course, there’s always the underground bunker, no doubt a major selling point these days.
“Built in 1792, this magnificent 132-room mansion is the rarest of homes in the U.S. since it is not only the residence of the U.S. president and his family, but it also has two wings with offices for the president, the First Lady, top staff and aides,” Zillow notes in its description of the home.
The house, designed by an Irish architect, is visited by hundreds of thousands of guests each year.
