TV Review: My House is Worth What?
Home values change about as often as the tide, depending on the current real estate market, the area that you live in, and what the economy is doing. Sometimes the value of your home can be more than what you expected, and other times it can be less, which is underwhelming and disappointing. But there are always ways in which you can increase the value of your home. By upgrading your kitchen, or adding an extra bathroom or guest bedroom, you can add thousands of dollars onto your home’s value.
The big risk in all of this is whether or not the investments you make in these renovation projects will end up being worth it. Will the money you put in to a new kitchen end up netting you a profit in the end when it comes time to sell your house? It’s a question that every homeowner asks at some point, and sometimes, in a struggling economy and real estate market, it’s a risk that isn’t worth taking.
It’s a high stakes game, and one of the true gambles of homeownership, one that is portrayed well in HGTV’s My House is Worth What? a show that deftly displays the strategizing that goes on behind the scenes as three different homeowners attempt to maximize their home’s value through different projects and renovations.
At the end of each episode, when the curtain goes up on the three homes and a professional assessment and appraisal is done on each one, the estimated values of the homes are revealed to the homeowners. Sometimes the values come as a shock, although it might be a pleasant surprise, or a disappointing one, depending on how much money they spent on the renovations. In the end though, the show is a solid representation of how important home value is, and what you can do to increase yours.