The construction of the White House started in 1792 and the total cost was $232,372. According to Zillow.com even with todays declining market, the White House would sell today for $308,058,000. Now that’s a great profit……in 219 years George Washington would have a $307,825,628 profit . Now that was a great investment!
The White House has approximately 200 people work in the home each day and over 6,000 visitors a day walking thru making it the most popular home around. The 6 levels, 132 rooms, 32 bathrooms, 412 doors, 147 windows, 28 fireplaces, 7 staircases and 3 elevators accommodates all the people who live in, work in and visit. The home also has an indoor tennis court, a swimming pool, movie theater, running track, billiard room and a bowling lane.
Having a home that is 55,000 square feet on 18 acres of land would not be cheap to buy, and the cost to maintain the home would break the bank. The annual budget for “the care, maintenance, repair and alteration, refurnishing, improvement, heating, and lighting, including electric power and fixtures, of the Executive Residence at the White House and official entertainment expenses of the President,” runs about $9,260,000 or about $25,370 a day. The cost of lawn and garden care around the White House is included in the $5,427,000 a year spent to maintain the grounds of all the Capitol-area federal buildings. In order to paint the entire outside surface of the White House, it would require over 570 gallons of paint.
George Washington never actually lived in the White House, though he oversaw its construction. The first President to occupy the White House was President John Adams in 1800. At various times in history, the White House has been known as the “President’s Palace,” the “President’s House,” and the “Executive Mansion.”President Theodore Roosevelt officially gave the White House its current name in 1901.