I think the appraisal for the entire White House package should come it at $3.21 Billion. However as the listing agent, I would offer this special property at auction to realize absolute top dollar.

Gee Al...to coin Austin Powers....One Trillion Dollars....ha ha ha ha ha...(ok...I may be willing to overprice...you've got a large population to please...lol)

First question....Does it come with the current occupants?  This could dramatically affect the value.

The City of Chicago just sold 99 year leases on two expressways and several other cities and states have recently sold or long-term leased income producing assets.  So its not beyond vision that when the national debt becomes absolutely unmanageable (no other country will take our iou's anymore) the federal gov't might lease or sell physical assets.

I don't know what it will sell for, but Al Gore can make the movie and win an oscar for it, whether the building actually sells or not...

I'm going to turn the listing down because I don't trust the government to pay me! LOL

NOT SO SENILE

One sunny day in 2008, an old man approached the White  House from across

Pennsylvania Avenue, where he'd been sitting on a park bench.

He spoke to the Marine standing guard and said, "I would like  to go in and

meet with President Hillary Clinton."

The Marine replied, "Sir, Mrs. Clinton is not President and  doesn't reside

here."

The old man said, "Okay," and walked away.

The following day, the same man approached the White House  and said to the

same Marine, "I would like to go in and meet  with President Hillary

Clinton".

The Marine again told the man, "Sir, as I said yesterday, Mrs.  Clinton is

not President and doesn't reside here."

The man thanked him and again walked away . . .

The third day, the same man approached the White House and  spoke to the

very same Marine, saying "I would like to go in and  meet with President

Hillary Clinton."

The Marine, understandably agitated at this point, looked at  the man and

said, "Sir, this is the third day in a row you have  been here asking to

speak to Mrs. Clinton. I've told you already  several times that Mrs.

Clinton is not the President and doesn't  reside here. Don't you

understand?"

The old man answered, "Oh, I understand you fine, I just love  hearing your

answer!"

The Marine snapped to attention, saluted, and said,

I'll see you tomorrow."

I would not say I would not take the listing if I was licensed in that area, however, my questions would be, how to get comps on the White House.