“There goes the neighborhood!” was often mouthed by racists whenever a black family moved into a white neighborhood. So it is remarkable to see how far blacks have come since then, and it’s also funny to note that the value of the White House has risen 7 percent since President Obama took office.
The White House is currently valued at $294.9 million, up 7 percent since president Obama took office in January 2009, according to website zillow.com. In all fairness, the values of homes in Washington D.C. are up by over 13 percent, so its no surprise that the value of the White House would rise as well.
Zillow uses the cost of recent home sales as well as other date to calculate the value of homes.