Does anyone actually keep the HGTV Dream Home?
According to HGTV, only one of the first 10 Dream House winners has been able to hang on to their winnings. Just six of the first 21 winners actually lived in their new digs for more than a year. The longest “survivor,” the 1998 winner, kept her dream home in Florida for eight years before selling it.
Can you take cash instead of HGTV dream home?
Other Ideas for Handling the Dream Home Taxes In the past years, HGTV has often offered Dream Home winners two options: Take possession of the house or accept a large cash prize along with the other perks of winning (usually a vehicle, cash, furnishings, and artwork).
Who won the HGTV Dream Home Giveaway for 2021?
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 in Naples is the HGTV Smart Home 2021 address?
That’s because it’s in Naples — or at least close to it. HGTV officially announced the location of the home to the media Thursday. The ranch-style home is in a private-cul-de-sac next to the Eagle Lakes Golf Club, which sits out east where U.S. 41 turns into a two-lane road, minutes from Marco Island.
What is the cash option for the HGTV Dream Home?
According to HGTV, the grand prize includes the fully furnished house, plus $50,000 cash, valued at a total of about $684,000.
What really happens when you win the HGTV Dream Home?
Each year’s HGTV Dream Home Sweepstakes winner receives the home itself, all of the artwork and furnishings inside the home, a big cash prize, and a new vehicle. Sometimes, additional prizes, like a doggie dream homefor pets or a new boat for waterfront properties, are also included.
Do HGTV homes 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.
How much taxes would you pay if you won the HGTV Dream Home?
Santo said the winner also has to pay income tax. According to HGTV, the grand prize includes the fully furnished house, plus $50,000 cash, valued at a total of about $684,000. Santo says the winner will be taxed at the top federal rate of 37 percent. Add on state taxes, and they’ll owe between $238,000 – $266,000.
How is the HGTV Smart Home winner chosen?
How the Grand Prize Winner will be Determined: One (1) potential grand prize winner (the “Grand Prize Winner”) will be chosen by Sponsor in a random drawing from among all eligible entries received during the entire Sweepstakes Period on or about June 16, 2021 (the “Grand Prize Drawing”) by Ritway, Inc., an independent …
How much is the HGTV Smart Home 2021 worth?
HGTV® Smart Home 2021, a grand-prize package valued at over $1.1 million!
Where is the next HGTV Dream Home 2021?
Portsmouth, Rhode Island
About the Home HGTV Dream Home 2021 is a breathtaking waterfront escape located in Portsmouth, Rhode Island, just 10 miles from downtown Newport, an idyllic seaside town known for its glamorous residents, rich history and grand mansions from America’s gilded age.
How much are the taxes on the HGTV Dream Home 2021?
Who is the designer of HGTV Dream Home?
Get to know the first floor of HGTV Dream Home 2021, a collection of stunning gathering spaces and a bedroom suite. Designer Brian Patrick Flynn gives a personal tour of the open-concept kitchen and dining room at HGTV Dream Home 2021. Get to know the kitchen at HGTV Dream Home 2021 and discover the beautiful design details.
Where is the HGTV Dream Home in Rhode Island?
See every stunning space from HGTV Dream Home 2021, a grand coastal escape packed with high-end design and located in Newport, Rhode Island. Classic cedar shake with white accents and black windows combine to create a neutral color palette that feels right at home in coastal New England.
Where is the screened porch on HGTV Dream Home 2020?
The home’s Lowcountry location of calm and rolling marshland feels relaxed and inviting. The screened porch at HGTV Dream Home 2020 provides ample seating for a crowd and starting the day with a breakfast alfresco. The screened porch looks out on the view of the marsh and coastline.