--- title: Here's How Much the White House Would Cost if It Ever Went up for Sale description: Realtors and Zillow crunch the numbers and offer their best estimates for how much the White House would cost if it ever went on the market. authors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Housing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2016-08-19T20:09:37.000Z' modified: '2024-05-08T04:03:11.000Z' section: Housing tags: - for sale - home prices - pubdesk - White House word_count: 331 canonical: https://money.com/how-much-would-the-white-house-would-cost-on-sale/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![White house](https://img.money.com/2016/08/whitehousevalue-re-97765250.jpg) *Sorry, the White House is not for sale. But how much would it cost if it went on the market?* President Barack Obama and his family will be moving out of the White House in a few months. But as far as we know, they aren't looking to sell. Of course, it's not in any president's power to actually sell the White House, and it's unimaginable that the historic home will ever be sold. But what if it did? How much would 1600 Pennsylvania Avenue fetch on the market? [*Barrons*](http://www.barrons.com/articles/how-much-is-the-white-house-worth-1471060823) wanted to find out, and Ann Gray, of the Los Angeles–based Gray Real Estate Advisors, estimates that $90 million would be a fair price for the president's residence. The ballpark figure came after the realtor incorporated factors such as the cost of construction ($232,000 in the 1790s, or about $100 million today), potential rental operating income from the home's 16 bedrooms ($5 million a year), and the market price for comparable properties (Donald Trump's 17-acre Mar-a-Lago Club in Palm Beach is valued at $100 million). Some real-estate pros think $90 million underestimates the White House's real value. “I think $90 million seems on the low side,” Florida Realtor Cara Ameer explained on [Realtor.com](http://www.realtor.com/news/trends/how-much-is-the-white-house-worth/), after researching her own set of comparable properties, including the Hugh Hefner's Playboy Mansion, which was originally listed for $200 million and sold for $100 million. “If you look at several significant properties that have been on the market across the country, you can get an idea of value \[for the White House\] that is north of $100 million.” Everyone agrees that if all of the artwork, historic artifacts, and American memorabilia were included in the sale, the asking price would soar—to upwards of $250 million, according to Gray. ***Read Next:* [Here’s Where the Obamas Are Moving After the President Leaves Office](https://money.com/%e2%80%aa%e2%80%aabarack-obama%e2%80%ac-%e2%80%aawashington-dc-white-house/)** According to [Zillow](http://www.zillow.com/homedetails/1600-Pennsylvania-Ave-NW-Washington-DC-20006/84074482_zpid/), even that's a huge underestimate. The website, which gives estimates for real estate all over the country, says that 1600 Pennsylvania Avenue in Washington, D.C., is worth roughly $389 million. 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