Santa's house has soared 12% in value over the past year, Zillow says | CNN Business

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Santa's house has soared 12% in value over the past year, Zillow says | CNN Business
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Zillow said Kris Kringle’s 3-bedroom, 2-bathroom North Pole property is now worth $1,154,137 — an increase of 12% over the past year.

Even Santa’s fictional house is going up in price. The home has soared in 77% in value compared to when Zillow first “listed” it six years ago, with its initial Zestimate coming in at just over $650,000. St. Nick’s home, which Zillow says sits on 25 acres of property, was constructed in the 1800s is “steeped in Old World charm but thanks to a recent renovation, offers modern-day amenities.

In addition to the bedrooms, there’s also a quiet study that has an “impressive writing desk is flanked by the same sewing table he used to make the original Teddy bear,” the listing reads. No need to worry about the elves, either: They have their own “private accommodations” elsewhere on the property. Other features of this made up property include a tiny farmouse for dinner parties and a rustic mini cabin that is “made of hand hewn logs and brimming with personality.

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