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The price to pay for the White House

It’s not on the market, but if it was, here’s what it would cost

If the White House was on the market — with its 132 rooms, 18 acres, and some 750 artifacts included — it would cost $250 million, according to the Royal Institution of Chartered Surveyors of London (RICS).

The Los Angeles Times reported that Prisant and Ann Gray, a real estate consultant from Los Angeles, evaluated the price of the iconic building by valuing the china, artwork, and other contents in the White House as well as by comparing it with the construction costs of the nearby Smithsonian Institution’s National Museum of African American History & Culture.

Excluding the china, artwork, and contents, the price for the White House and its land, alone, would be $90 million, according to Gray. The Los Angeles Times further reported:

"[Gray] put the value of the 18 acres the residence rests on at zero because the property, technically owned by the Interior Department, has no zoning. It has so many rules and regulations governing it, and so little vacant land nearby to compare it with, that it is difficult to measure."

To see other factors that Gray considered when pricing the White House, check out The Los Angeles Time’s article here.