This past week Drew's team won by adding $50,000. dollars worth of value compared to Jonathan's team that only added $40,000. dollars of value.
Let's take a look at Jonathan's team work first. They spent $12,163. dollars on their renovation. The kitchen needed a complete redo and it looks fabulous. All new cabinets, new 5 burner stainless steel stove top and oven, new ceiling lights, mosaic tile backsplash, an unknown countertop material that looks great, new floor tile, and some unbecoming paint color.
|Jonathan's team - Before Kitchen|
|Jonathan's team - After Kitchen|
|Jonathan's backsplash $300.00 for mosaic glass tile|
|Jonathan's Team - After Pantry and the Laundry Room was relocated|
|Jonathan's After - Bathroom|
Now onto team Drew's work. Drew's team spent $11,489. dollars and was the winner of this challenge.
Here is the renovated bathroom. The new flooring tile is stick down laminate tiles which didn't bring any value to the renovation.
Drew's team de-cluttered the master bedroom and added some new accessories.
So the point of this show is to ADD VALUE through specific renovation. However, what is questionable is whether the specific change brought about value and how much value it is estimated to have. For instance team Drew's team added stick down tile in the bathroom which was deemed to have no added value. The paint color in Jonathan's team's kitchen was deemed to be unbecoming to the majority of buyers therefore not improving the value.
Obviously the furniture and accessories are not included in the cost of renovation, nor is any value given to the cost of labor. So, we are just looking at the cost of materials, which could not have included the kitchen cabinetry, which they stated had already been ordered prior to the competition. But we are still comparing one renovation against the other. Do you think proper credit was given to the specific changes that they installed? Also the appraiser, "Mike Aubrey," commented on poor staging but they aren't selling these homes, so it didn't make any difference as to the value of the home, and what about the decorating of the spaces, why bother with this at all, except for the sake of prettiness. Did any of the participants do any decorating, or was someone outside of this show responsible for this task?
So have you renovated your home in hope of improving its value? What specific upgrades have you made that you feel are the most valuable? What did you think of this show? Will you be watching this show again?
Linking to: Savvy Southern Style
Linking to: Worthington Court
Linking to: From My Front Porch To Yours