The Home and Garden Television Network (HGTV) has developed a large and loyal following of viewers who are fascinated with the amenities of the perfect home. With shows that show how to flip a home and make a profit in just 30 minutes to shows that help potential home buyers to price out their dream homes, HGTV has become the go-to network for millions of people.
The most ardent fans of HGTV consider the network to be a valuable resource when it comes to home buying. But to real estate experts, the information HGTV has to offer is more like the drug meth. The network creates unrealistic expectations and habitually pushes home buyers away from the really important aspect of buying a home.
The Glitz Of Home Buying
The average HGTV home buying show focuses on the glitz and glamour of buying a home. In much the same way that meth clouds a user’s ability to make good decisions, HGTV is constantly presenting glamour as substance when it comes to home buying, and that is causing home buyers to make a lot of mistakes.
The Real Substance Of Buying A Home
HGTV spends hours a day emphasizing the sizzle of a newly remodeled bathroom or the sparkle of a new kitchen appliances, but it routinely ignores the real substance of any real estate deal. For example, topics such as the value of the land, the condition of the roof, and the condition of the home’s foundation are rarely discussed on HGTV shows. In most cases, these topics are glossed over as unimportant or, even worse, they are not discussed at all.
Putting Value On The Wrong Things
Over time, there is only one part of your home that is almost guaranteed to appreciate in value; your land. Those glamorous bathroom remodeling projects might add a few dollars in value immediately after they are completed, but they will eventually lose their luster and depreciate in value along with the rest of your home.
HGTV causes buyers to take the focus off of important home buying topics such as proper zoning and neighborhood commercial development, and puts the focus on all of the elements of the home that will eventually lose value. While that bathroom might look great, the industrial facility planning on being built just a mile down the road is going to cause the bathroom and the whole home to depreciate that much faster.
What Can Be Done?
Chronic HGTV watchers should always have an experienced real estate agent with them when looking at homes they would like to buy. A good agent is going to keep the buyer focused on the substantial items and move the focus away from the glitz and glamour. The family members of HGTV watchers should also do what they can to make sure that their television-addicted loved ones do not go out looking for a new home on their own.
Television shows survive on selling people luxury and glamour. But when you watch too much HGTV, you start to believe that a home’s value is tied to its level of luxury and glamour. If you do not turn to real experts in the field of residential real estate when looking to buy a home, then your HGTV meth habit could wind up causing you to make a terrible investment.