If the winner chooses this option, they receive the associated prizes like the vehicles, cash, and furnishings, but HGTV retains the rights to the house. Usually, they sell the home to a private bidder..
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Is there a cash option for the HGTV Dream Home?
Cash Option: In lieu of taking title to the HGTV Dream Home 2022 (and the contents of the HGTV Dream Home 2022), the Grand Prize Winner will have the option of receiving $750,000 in cash. Total ARV of the Grand Prize is $1,111,370 if Grand Prize Winner selects the Cash Option in lieu.
Has the HGTV winner been notified 2021?
Jeff, who lives outside of Austin with his girlfriend Jody, was happily shocked when designer Brian Patrick Flynn informed him that he was the lucky winner of the brand new, fully furnished home, along with $250,000 cash from Rocket Mortgage® and a 2021 motorhome from Camping World.
Where is the 2022 Smart Home located?
Charter Building Group is proud to introduce the HGTV® Smart Home 2022, located in the community of River Bluffs in Castle Hayne, North Carolina.
Do you have to pay taxes if you win the HGTV Dream Home?
If you’re lucky enough to win an HGTV Dream Home, you’ll be responsible for federal income taxes on the value of the property or improvements, plus state income tax, depending on your state of residence.
Who won the last HGTV Dream Home?
HGTV recently announced that the winner of the Scandinavian-style Mad River Valley home was Karey Wolstenholm of Overland Park, Kansas. She was chosen from more than 142 million entries, which HGTV said was the highest in the sweepstakes’ history.
Who built the HGTV Smart Home 2022?
The 3,000 square-foot home was designed by Tiffany Brooks for the eighth year in a row and was constructed by local builder Charter Building Group. Equipped with high-tech interiors, the two-story cottage is at once modern and charming.
Where is the 2023 HGTV Dream Home located?
“The backyard is an entertainer’s dream with a beautiful pool and pergola, a fire pit, as well as a back deck with multiple seating areas and an outdoor kitchen,” HGTV said in its news release about the house, located along the Cape Fear River in the Castle Hayne area.
What does Ben and Erin Napier make per episode? How much do the Napiers make per episode? Ans. According to Business Insider, Fixer Upper hosts Chip and Joanna make roughly $30,000 per episode.
Has anyone kept their HGTV Dream Home?
And, it seems the winners don’t even get to enjoy their dream digs for very long. Country Living reported that by 2018, with over 20 HGTV Dream Home winners crowned, only 28% of the winners actually lived in the home for over a year.
Who won the HGTV Smart Home 2021?
Meet the lucky winner of HGTV Smart Home 2021 in Naples, FL. Congratulations to Becky Dolan of Seattle, WA; she is the winner of the HGTV® Smart Home 2021 sweepstakes, a grand prize package valued at over $1.1 million dollars.
Where is the HGTV Smart Home 2022?
See every stunning space from HGTV Smart Home 2022, a grand waterside escape packed with high-tech design and located in Wilmington, North Carolina.
Is Hometown staged?
Anything custom-made for a home is given to the family, but most of the staged items are taken back unless homeowners are willing to pay an extra fee. It may seem deceptive. But HGTV fans should know by now not to believe everything they see on renovation shows.
Can you hire Ben and Erin Napier?
Erin and Ben Napier’s Store, Laurel Mercantile, Is Currently Hiring — Here’s How to Apply. Working with the Napiers sounds like a dream!
What religion is Ben and Erin? As they navigate their lives in the spotlight, one thing they will always keep at the forefront of everything they do is their Christian faith. Ben, the son of two Methodist ministers, grew up in a religious household. After meeting Erin and tying the knot in 2008, the couple moved in together in Laurel, Mississippi.
Has the HGTV Smart Home Winner been chosen? Meet the lucky winner of HGTV Smart Home 2021 in Naples, FL. Congratulations to Becky Dolan of Seattle, WA; she is the winner of the HGTV® Smart Home 2021 sweepstakes, a grand prize package valued at over $1.1 million dollars. “We’re still catching up to the reality of it,” said Becky.
Does the HGTV home come furnished?
Do homeowners on HGTV shows get to keep the furniture? Speaking of inside the home, many viewers swoon over the final layouts. But here’s the kicker: More often than not, the homes are staged, meaning the homeowners don’t get to keep the furniture and decor that’s shown on TV.
Where is the 2022 HGTV Smart home located?
See every stunning space from HGTV Smart Home 2022, a grand waterside escape packed with high-tech design and located in Wilmington, North Carolina.
Who won the Dream home HGTV 2021?
Last month, HGTV announced that Jeff Yanes of Kyle, Texas was the winner of the 2021 Dream Home Sweepstakes.
Who won the HGTV Dream Home Giveaway 2021?
This year’s HGTV Dream Home in Warren has an official owner. HGTV recently announced that the winner of the Scandinavian-style Mad River Valley home was Karey Wolstenholm of Overland Park, Kansas. She was chosen from more than 142 million entries, which HGTV said was the highest in the sweepstakes’ history.
How many bedrooms does the HGTV Smart Home 2022 have?
The 2022 HGTV Smart Home is a two-story modern cottage sits over 3,000 square feet. The home features three bedrooms, two-and-a-half bathrooms and a two-car garage.
How many bedrooms are in the 2022 HGTV Dream Home?
The home itself is a two-story, modern mountain cabin with three bedrooms and three-and-a-half bathrooms spread across 3,090 square feet.
How many acres is the HGTV Smart Home 2022 on?
Wilmington, NC, located on 300 miles of coastline with juxtaposing ocean-front views, boasts 4.2 million acres of wetlands and the city’s famous Riverwalk with a colorful historic district that incorporates modern design and new attractions.
How can I avoid paying taxes on prizes? 5 ways to avoid taxes on lottery winnings
- Consider lump-sum vs. annuity payments.
- Charitable donations. Donating some of the lottery money to charity will reduce your tax bill when you’re a big winner.
- Gambling losses.
- Other deductions.
- Hire a tax professional.
