Hgtv Dream Home Enter Again Dynetwork
In 1997, HGTV's very first Dream Home, a mannerly log firm crafted of Nordic pino and overlooking the Grand Tetons in Jackson Hole, Wyoming, launched a series of fantasy abodes, each but a little more impressive than the last.
The network has debuted a new Dream Habitation every year since, and launched two adjacent sweepstakes: Smart Home (formerly Green Home), in 2008, which showcases cutting-edge, energy efficient systems and appliances, and Urban Oasis, in 2010, for the metropolis-dwelling ready enamored with skyline views. Sister network DIY as well has the Ultimate Retreat giveaway, formerly chosen Blog Cabin.
The 2022 prize, a mod stunner overlooking the Puget Sound in Gig Harbor, Washington, comes with $250,000 in greenbacks and a new Honda Accord—a total prize value of $1.viii one thousand thousand. The period to enter the sweeps closed on Feb. sixteen. Concluding year's giveaway received more than 130 1000000 entries. (HGTV Magazine is published by Hearst, the parent visitor of State Living.)
"The view from this year'southward Dream Home is by far my favorite of any of the homes nosotros've washed," says Dream Home general managing director Ron Feinbaum, who's in charge of selecting the properties and seeing them through to completion. "I knew it was the house within 5 seconds of walking in based on the view alone."
Of the 21 people who've won Dream Homes over the years, only six, or about 28 percentage, actually lived in their home for more than than a year. The vast majority either took the cash alternative or sold the house back to the developer within a twelvemonth of winning.
"Uncle Sam makes it a piffling difficult to take ownership," says Laura Martin of Boise, Idaho, the 2022 winner of a sprawling mountain firm in Lake Tahoe. It wasn't lack of wanting the firm that made her cull the coin instead.
The Dream Home grand prize—typically $250,000 in cash, a car, and sometimes a boat, in improver to the dwelling itself, unremarkably valued at $1 meg or more than—comes with a federal income-tax bill of well-nigh $700,000, according to an assay by Vocativ, plus state income and real-estate taxes that vary by location. The cash alternative, on the other mitt, carries a federal taxation liability closer to $500,000, no real-estate revenue enhancement, and none of the maintenance, utilities, or relocation or travel costs associated with owning a second home.
David Rennie, who won the Merritt Island, Florida, Dream Domicile in 2022 but chose the lump payment, says not anybody grasps the tax burden. "People at my church withal ask me, 'Have you been to your house in Florida lately?'" he says. "I take to tell them I wasn't able to continue it. They're surprised."
Tina Carlson of Grand Oaks, California, the 1998 winner, kept her depression-country charmer in Beaufort, Due south Carolina, for seven years, the longest time of whatsoever recepient. She took out a mortgage on the home to pay the taxes and used it as a vacation and rental property before selling information technology in 2005.
The 3rd person to everwin a Dream Home, Belinda Chocolate-brown of Kingston, Tennessee, tried to hire out her Rosemary Embankment, Florida, retreat to cover the cost of taxes but concluded up owing the IRS almost $300,000. She sold it later 2 years.
Don Cruz moved his wife and son from Illinois to Tyler, Texas, afterward winning the 2005 Dream Home. Their plans to plough the estate into a bed-and-breakfast were thwarted by zoning restrictions, and they had to borrow money confronting the house to help pay for cancer treatment for Don'southward father. Three years later, the habitation was in foreclosure and Don was $430,000 in debt. Still, he continues entering the sweepstakes every year—for him, Winner's Weekend solitary is worth it.
HGTV officials told 2003 winner John Groszkiewicz the "dream" isn't really near living in the house, simply what happens after selling it. The Groszkiewicz family unit, including wife Karen and four children, visited their $1-million Mexico Beach, Florida, mansion a few times earlier selling it that September for close to $800,000. Then, they were audited by the IRS. Twice.
In December 2005, John received one letter of the alphabet from the IRS proverb they were being reaudited, followed by another stating the agency owed them xviii cents.
"Winning one of these homes is life-changing in that recipients either option up their things and move or they suddenly have a large savings business relationship," says Dream Home general manager Ron Feinbaum. "The issue depends on the individual winner but the overarching theme is that, if y'all win, it'southward life-irresolute."
Dream Dwelling house sweeps are typically open to entries for a period of seven weeks during which contestants can enter for a chance to win twice daily. Previous winners say maxing out entries was integral to their success. "I entered twice a mean solar day religiously," says 2022 Smart Home winner Stacy Bolder.
Myra Lewis, a New Orleans resident whose habitation was destroyed during Hurricane Katrina, found an accountability partner in her sister, who reminded her to enter on a daily footing. In 2010, Myra won the New Mexico Dream Business firm, a 4,208-square-foot home, plus $500,000 in cash and a brand-new GMC Terrain SUV.
Carole Simpson, a former Marine from Columbia, Tennessee, entered the sweepstakes for years before beating out more than 77 million entrants for the 2013 Dream Dwelling in Kiawah Isle, S Carolina.
A guardian affections and a positive mindset assistance too. Vicky Naggy, the hair stylist from Acme, Pennsylvania, who won in 2012 told HGTV she had entered in previous years but had a "funny feeling" she would succeed this time around, and that her luck came from her recently departed friend, Donna.
General manager Ron Feinbaum says the biggest misconception about the giveaway is that it's incommunicable to win. "We see and so many social-media posts that say, 'I'm going to enter again this year simply I'll never win,'" he explains. "And yet, existent people win it every time: teachers, retirees, firefighters, postal workers."
Once HGTV draws the lucky name, a team of producers begins planning the ultimate surprise party, working with the winner'southward friends, spouse, parents, and/or children to create a scenario where interior designer Tiffany Brooks and a crew of photographic camera operators can ambush them, usually at a restaurant or their place of employment. Final yr'south winner, Anna Spangler, for example, idea she was having an average Fri night out with her husband and friends when Brooks stormed their sip-and-paint form to inform the Kutztown, Pennsylvania, native of her $1.seven-meg prize including a waterfront dwelling house on St. Simons Island, Georgia.
"In that location's nothing more humanly emotional than when you can ambush somebody and surprise them with one of these homes," says HGTV'south Feinbaum.
David Rennie's 2022 setup was orchestrated by his two adult daughters and son-in-law. The family was at church on Palm Sunday, which also happened to coincide with a special milestone for David, who had received a life-saving kidney transplant one year earlier. The priest fabricated an excuse for the photographic camera crew'due south presence (they were filming a documentary for the diocese, he said) and invited David upward forepart for a blessing on his anniversary.
HGTV's Brooks joined them by the podium to talk about her ain kidney transplant, which she'd received from her brother more than a decade before. "I idea, That's cool, and so she started talking about the HGTV Dream Home and I realized something might be up," says David. "Merely a lot of other people in the congregation had entered too."
David's friends and family stood behind him as he received the news, afraid he might faint. "It's a surreal experience when they tell y'all yous've won this business firm, a boat, cash, and all that stuff," he says. "Information technology'southward overwhelming."
Sometimes it takes a minute for the news to prepare in. When network officials called the winner of 2017'south Ultimate Retreat—only Dream Home and Smart Home winners are told in person—he didn't believe it was real. "We had to telephone call him back a 2nd time," says Feinbaum.
From there, winners are invited to spend a couple of days getting to know their new home and town—with airfare, hotel, and restaurants all courtesy of the network, of form. Winner's Weekend, as it's called, includes an countdown tour of the firm, where the interior designer explains the thought process behind the paint choices, furniture, and other fixtures.
Dozens of representatives from sponsors likewise share in the celebration. "The homes are created with sponsor products, and so it'south a mode to show them in person how cute the house is with items they supplied, and let them feel this astonishing weekend with someone who's having a life-changing moment," says Feinbaum.
Don Cruz, the 2005 winner, told reporters the weekend was filled with unforgettable firsts, from the transportation ("I thought the first fourth dimension I'd ride in a stretch limo, I'd be six anxiety under!") to a chance meeting with land vocalizer Dwight Yoakam at one of the loftier-end restaurants they visited.
"It makes the heart grow a picayune bit bigger to meet these people and understand how thankful they are that first time they get to open the door to their new house or sit down in their new car," says Feinbaum.
"I had never personally driven a new car," says 2022 winner David Rennie. "I had bought 1 for my married woman that I would drive it occasionally, simply information technology was her day-to-day automobile. We'd never purchased a vehicle with all of the bells and whistles, just the basic model."
Trying out the business firm before making a decision, as some winners did in the early on years, is no longer an option. Feinbaum says HGTV's parent company used to contract with builders who would take on the abode'southward financial liability past allowing winners to sell information technology back to them within 12 months. "Scripps did not desire to be in real manor business," he says. Afterwards the economical downturn of 2008, notwithstanding, "it was easier and more feasible for us to [offer a cash alternative] rather than complicating things with a buyback."
Now, when winners opt for the cash, Feinbaum and his team put the house on the market. They commonly have an offering inside a month, though some houses, like the 2022 Urban Oasis in Knoxville, Tennessee, go in simply days.
Of the 4 individuals who won various HGTV home giveaways in 2017, three went with the cash. The 4th, Smart Abode winner Stacy Bolder, a teacher from Tomahawk, Wisconsin, was excited about the prospect of moving to Scottsdale, Arizona, non far from her sister and brother-in-law in Glendale, but hitting a snag when she landed a coveted acquaintance master job at her local high schoolhouse just two weeks after winning. "I had to do some soul searching," she says.
David Rennie met with a fiscal advisor after winning and says the cash alternative was a "no brainer." He and wife, Margaret, weren't prepared to leave Connecticut for Florida full-time—all of their family is in the northeast, including a daughter who was withal in college then—and keeping the habitation as a rental-belongings-slash-vacation-home wouldn't take guaranteed the income needed to cover taxes.
Merely that'southward not to say the Rennies didn't get their dream house. They used their winnings to remodel the home they already take, incorporating blueprint elements they'd seen in the HGTV model, including blue penny tile in the bathroom, a basket-weave backsplash in their completely redone kitchen, and prints of the original artwork on display in the Merritt Island domicile.
Laura Martin, the 2022 winner, says even though she didn't keep the Dream Home, HGTV gave her family "a better American dream." They purchased a new home in Idaho with the winnings ("We literally wrote a check for it"), parlayed the Yukon Denali into 2 smaller vehicles, and spent a vacation in Belize, where they bought property and plan to build a winter home someday.
There'southward also a vicarious thrill for people shut to the winners. "My husband and I joke that the whole scenario was the about fun for our friends," says Laura. "Everyone has new lease on life and a conventionalities in space possibilities because they know someone information technology happened to. I get contacted by at least 30 people every year when the sweepstakes is happening who say, I'm entering considering of yous!"
Stacy, who initially kept her Smart Habitation, enjoyed one vacation there with family earlier deciding the job offer back in Wisconsin was besides adept to pass up. "I thought it would be overnice to proceed home, that possibly my sister and her husband could live there and rent it from us," she says, "simply financially that was not the best thing for u.s.a. either." By Christmas, she had sold the firm, furniture and all.
She did, however, keep the automobile, a make-new Mercedes-Benz SUV, but fifty-fifty that posed somewhat of a problem. "I felt self-conscious almost driving it in Tomahawk. I went round and round with my friends and they're like, Continue the machine, you lot demand to proceed the auto!" says Stacy. "I'm really into cars but I never thought in a million years I would even examination drive car similar that."
The sale of the house allowed Stacy and her husband to buy a new home in Wisconsin, pay off their debts, invest coin in a retirement account, and contribute to college funds for their two boys, one of whom was already attention. "When I won I knew, regardless of whether I kept the house or not, I was so grateful because this is a life-changing consequence for myself and family," she says. "Being a teacher, I wasn't raking in the dough. To exist in position where retirement, at some indicate, actually looks feasible is incredible."
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Source: https://www.countryliving.com/real-estate/a16751880/hgtv-dream-home-winners/
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