American schoolchildren have all heard the story: The first American flag was made by Betsy Ross. It's not true, but it's a great story. This house is still worth a visit as an example of Colonial living conditions. Betsy Ross mainly used this colonial abode to rent rooms to travelers and wayfarers. According to the Philadelphia Historic Society, more people visit the Ross house than any other historical attraction. The house is located in Old City adjacent to many shopping and eating destinations.