Newspaper article Sarasota Herald Tribune

Talk about a Payment: $1.6 Million per Month | White House Worth $400 Million | White House Worth $400 Million

Newspaper article Sarasota Herald Tribune

Talk about a Payment: $1.6 Million per Month | White House Worth $400 Million | White House Worth $400 Million

Article excerpt

MOST VALUABLE RESIDENCE

Find yourself complaining about your mortgage payment?

What if it were $1.6 million per month?

President-elect Donald Trump, no stranger to pricey real estate, is about to move into the most valuable home in the country.

The White House is valued at $397.9 million, the most valuable home on the Zillow real estate marketplace.

The White House has increased 15 percent in value since President Obama and his family took residence in 2009, Zillow said Tuesday. The value, now at its peak, should appreciate 3 percent over the next year, tracking home-value

growth forecast throughout Washington, D.C.

Home values across the country have appreciated 6.5 percent over the past year and 9 percent since Obama's inauguration.

Zillow uses a proprietary algorithm to value more than 100 million U. …

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