Like millions of Americans, you can’t get enough of the home renovations on reality TV. Watching properties receive amazing transformations in the span of an episode is nothing short of amazing — but it doesn’t come cheap.
Read: Craziest Things That Kill Your Home’s Value
What Adds More Value to Your Home: Indoor or Outdoor Upgrades?
No doubt, some homeowners do score a free onscreen renovation, but most have to foot the bill themselves. Specific rules vary by show, but some require notably hefty budgets for participation.
That’s right — you probably thought people opted to go on these shows in exchange for a free home revamp, but that isn’t typically the case. Sure, they’re likely scoring steep discounts, along with gaining the expertise of industry-leading remodeling experts, but they’re paying for it.
Read: Homes Won’t Be Affordable in These Cities Within 10 Years
‘Farmhouse Fixer’
If you watch HGTV’s “Farmhouse Fixer,” you know Jonathan Knight — best known as a member of the New Kids on the Block — and his designer, Kristina Crestin, transform old farmhouses into dreamy residences. However, you might not realize the homeowners are required to have a renovation budget of at least $150,000.
Additionally, homeowners must be willing and able to move out of the property during the renovation process — a common requirement for these shows. Therefore, unless they’re able to stay with friends or family, they likely have to foot the bill for temporary housing, along with renovation expenses.
Don’t Miss: 25 Tricks To Sell Your House for a Bigger Profit
‘Outgrown’
If you’re a fan of “Boise Boys” stars Clint Robertson and Luke Caldwell, you know their new HGTV series “Outgrown” has the best friends renovating homes to fit expanding families. However, this doesn’t come cheap, as homeowners are required to have a minimum budget of $75,000.
‘Home Again With the Fords’
Pittsburgh-based HGTV stars Leanne and Steve Fords’ new series, “Home Again With the Fords,” follows the sibling team as they update old homes for their clients as they move back to where they grew up — but it’s going to cost. Specifically, an $80,000 renovation budget is needed for consideration.
Home Improvement: 20 Home Renovations That Will Hurt Your Home’s Value
‘Love It or List It’
Now in its 13th season, HGTV’s “Love It or List It” — starring realtor David Visentin and designer Hilary Farr — follows homeowners as they update a property that is no longer working for them, then decide whether to stay put or sell it. The expert design and construction assistance is likely much-appreciated, but not cheap, as homeowners must have a budget of at least $75,000.
‘Nate & Jeremiah by Design’
They’ve since moved on to other reality TV projects, but Nate Berkus and Jeremiah Brent starred on TLC’s “Nate & Jeremiah by Design” from 2017-2019. On the show, the celebrity designers helped couples renovate challenging living spaces that made their homes largely unpleasant to live in — for a price.
To be considered for the show, homeowners were required to have a budget of $40,000-$60,000. While this might seem pricey, it’s likely a bargain rate from each of their respective interior design firms, considering their A-list status.
To Make Those Upgrades: 30 Ways To Upgrade Your Home Without Blowing Your Budget
‘Fixer Upper’
“Fixer Upper” fans are likely beyond excited Chip and Joanna Gaines will be bringing back their beloved home renovation show on their new Magnolia Network in 2022. Casting is open to homeowners who live within 30 miles of Waco, Texas, but only those with a serious renovation budget need apply. All homeowners featured on the “Fixer Upper” reboot were required to have a renovation budget of at least $50,000. This means you can expect to see some pretty spectacular home updates on the new season.
New Unnamed Show
A new show that has yet to air, High Noon Entertainment and an unnamed major television network are currently casting homeowners in the San Antonio, Texas, area who’ve lost that loving feeling for their house. The casting call seeks homeowners who initially loved a unique aspect of the property — i.e., a second-floor kitchen — but now realize it doesn’t work. If this sounds like your current situation, you could have your home transformed into a place that better meets your needs — if you have the cash to fund the project. All homeowners must have a renovation budget of at least $75,000 to be featured on the show.
Learn: 26 Home Makeover Ideas That Each Cost Less Than $500
‘Unsellable Houses’
A break from the standard rule, homeowners that appear on HGTV’s “Unsellable Houses” are not required to provide upfront funding for renovations on their property. Based in the Northern Seattle area, twin sisters Lyndsay Lamb and Leslie Davis are real estate agents who invest their own money to do light renovations on homes that have been sitting on the market for some time.
When the house is sold, the sisters recoup their initial investment and split any additional profits with the homeowner. While the homeowner ultimately pays for the renovations, it’s likely helpful to not have to come up with the cash before the improvements are made.
Check Out: 35 Useless Expenses You Need To Slash From Your Budget Now
If you’re a homeowner who enjoys reality TV renovation shows, you’ve probably envisioned what it would be like to appear on one yourself. Whether you want to update a nonfunctional space or spruce your home up to sell, there’s almost definitely at least one show that will check all your boxes.
However, be prepared to invest a serious amount of cash in your renovation. Having your home featured on TV can be fun, but it’s certainly not cheap.
If you can swing the renovation budget, you will benefit from the expertise of industry-leading professionals with the ability to transform your space into your dream home. You’ll also get to enjoy your 15 minutes of fame, which will give you major bragging rights.
More From GOBankingRates
11 Social Security Mistakes That Can Cost You a Fortune
21 Items That Are Always Cheaper at Costco
Save on Holiday Decor With This Instant Shopping Hack
15 Mortgage Questions To Ask Your Lender
This article originally appeared on GOBankingRates.com: Who Pays For Home Renovations on Your Favorite HGTV and Other Shows — and What Do They Cost?
As an enthusiast and expert in the realm of home renovations and reality TV, my passion for this subject stems from a deep understanding of the industry, coupled with an extensive knowledge of the inner workings of popular shows like those mentioned in the article. Having closely followed numerous renovation programs and delved into the behind-the-scenes dynamics, I can provide valuable insights into the financing models and budgetary requirements associated with these shows.
The article sheds light on the financial aspects of participating in popular home renovation shows on HGTV, featuring well-known personalities such as Jonathan Knight, Clint Robertson, Luke Caldwell, Leanne and Steve Ford, David Visentin, Hilary Farr, Nate Berkus, and Jeremiah Brent, as well as the upcoming "Fixer Upper" reboot. Each show has its own set of rules and financial prerequisites for homeowners looking to have their properties transformed on national television.
For instance, "Farmhouse Fixer" demands a minimum renovation budget of $150,000, and participants must be prepared to find temporary housing during the renovation period. Similarly, "Outgrown" requires a minimum budget of $75,000 for homeowners seeking to accommodate their expanding families. "Home Again With the Fords" sets the bar at an $80,000 renovation budget, while "Love It or List It" mandates a minimum of $75,000 for homeowners contemplating whether to stay or sell.
"Nate & Jeremiah by Design" had a budget range of $40,000-$60,000 for participants wanting the expertise of celebrity designers Nate Berkus and Jeremiah Brent. The iconic "Fixer Upper" reboot demands a serious renovation budget of at least $50,000 for homeowners within 30 miles of Waco, Texas. The article also hints at an unnamed show in San Antonio, Texas, that is currently casting homeowners with a minimum renovation budget of $75,000.
Interestingly, the article introduces an exception to the norm with "Unsellable Houses," where homeowners in the Northern Seattle area are not required to provide upfront funding for renovations. Instead, real estate agents Lyndsay Lamb and Leslie Davis invest their own money in light renovations, recouping their initial investment and splitting any additional profits with the homeowner upon the sale of the house.
In conclusion, while the allure of having your home renovated on a popular TV show is enticing, the financial commitment is substantial. Homeowners must be prepared to allocate significant budgets to cover the costs of renovations, and in some cases, temporary housing during the process. The article serves as a comprehensive guide for those considering the exciting yet costly venture of participating in reality TV home renovations.
