BUSINESS
03/22/2010 05:12 am ET | Updated May 25, 2011

White House Worth 5.1 Percent Less Than When Obama Took Office: Zillow

We first gave the White House a Zestimate in January 2009 as the Obama family was preparing to take residence. At that time, we estimated it was worth $308 million, based on the home's physical attributes (132 rooms! 55,000 square feet!), historical value and housing performance in the local Washington, DC market.

Today, as President Obama prepares to mark his first anniversary in office, our estimates put White House at a bit less: $292.5 million, a drop of $15.6 million, or 5.1 percent from last January.

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