On the front page of today's Burlington Free Press was an article about the Obamas first visit as a family to their soon-to-be new home, the White House. While President George Bush and the President-elect talked politics, specifically the economy and foreign policy, Laura Bush gave Michelle Obama a grand tour of the historic residence and talked about raising children in the White House. The Obamas got a sneek peek at the Lincoln Bedroom, the president's office in the residence and of course, the Oval Office. This article got us thinking about the property value of the White House...so for fun, we attempted to figure out the value. Of course not having access to the MLS system in Washington, D.C., calculating a full market analysis would be impossible! So instead, we used a handy tool on Realtor.com's home page called "What's Your Home Worth?" After typing in the infamous address, results were less than helpful as there was no market data available for that or any home on Pennsylvania Avenue! So then it got us thinking about the Obamas home in Chicago, it's value, and of course who might they hire as a Realtor! We Googled (this should be a legit verb now) for the Obamas address and plugged it into the home value tool. The data that came up, included neighboring homes on the market as well as recent sales. Homes on the Obama's Greenwood Avenue were selling in the $800,000 range. Do you think they'll need a referral to a Coldwell Banker agent in Chicago? Fun and interesting stuff! :)
Do you think the Obamas will need a Realtor?
- By Geri Reilly