If the White House were for sale, it would bring $106 million in today's hot real estate market, according to a national survey by HouseValues.com.

Real estate agents were asked to estimate what the White House's listing price would be if it were for sale in today's market.

To qualify for a jumbo 30-year, fixed-rate loan at 7.5 percent, and assuming 10 percent down, the new owners of the 132-room house at 1600 Pennsylvania Avenue would need to pull down an annual salary of at least $18 million.

"We've provided home evaluations for just about every size, color and style of property imaginable," said Ian Morris, HouseValues president and CEO. "However, we don't see a lot of homes with their own dentist office, movie theater, running track and bowling lane," Morris said.

Susan Zagorsky, a Re/Max agent from San Diego, said there were a number of things she considered before coming up with her estimated asking price, including:
- Anyone can visit for free, so privacy is somewhat restricted.
- The West Wing was added on.
- Contrary to popular belief, George Washington never lived in the White House.

Today, the average price of a home in America is $223,000. A $667,000 monthly mortgage payment would be needed to buy the White House.

Categorie(s)/Catégorie(s): Lifestyles

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