“Instant Dream Home” is a fascinating program featured on Netflix. This show focuses on renovating contestant homes within 12 hours. During the remodeling, the production team provides all home appliances, furniture, DIY walls, equipment, and other items. Owners aren’t allowed to monitor renovation working on their homes. When they came to see the final result, they were shocked.
Now, the question is, Who pays for the renovations on instant dream homes? Show Producer. Indeed, homeowners won’t typically pay any change for their home innovation. Instead, the show makers recognized it as part of the production and paid it to the owners.
However, there are many more things than just paying for your home. Many ask if this show is fake or real and how they manage all funding. This guide explains in detail Who pays for the renovations on instant dream homes and how to apply.
What is an Instant Dream Home?
“Instant Dream Home” is a famous Netflix show that has recently gained more popularity. This show has innovative ideas where designers and constructors renovate contestant homes within 12 hours. The program started on 10th August 2022, with Tony Award nominee Danielle Brooks.
The team of Instant Dream Homes first clears up constant homes and keeps them far from renovation. When they called to see their newly developed furnished home, owners were shocked. This show is live telecast on Netflix and there is a live audience witnessing the renovation. Any US resident can apply for the show and renovate their home in 12 hours.
Instant dream home productions include a cast who previously worked with popular TV shows. The most popular are “Orange is the New Black,” “Hollywood Styling, America’s Next Top Model,” etc.
The program mainly focused on 12 hours of home renovation that were pre-planned three months earlier. Indeed, Netflix’s Instant Dream Home is a fascinating program for those looking for home remodeling.
Is Instant Dream Home Show Real or Fake?
“Instant dream home” is promoted as an unscripted program that looks genuine and authentic. However, the renovation and design are planned three months before the shooting day. On the day of dream home renovations, host Danielle Brooks commands his crew, interacts with owners, and consults with specialists. So certain parts of the project are scripted, like shooting of the design, shooting of the design, furnishing touches etc. Still, the show is genuine and doesn’t look scripted.
Who Pays for the Renovation of an Instant Dream Home?
In simple terms, the production company pays for the renovation in instant dream home. The show has multiple earring sources to fund the show. Below we break down their finances and discuss how they earn and invest in your home renovation.
1. Funding from Production Company Budget
Netflix show, “Instant Dream Home,” produced by Critical Content, a famous production company specializing in making TV reality shows. They paid for all renovation tasks hosted on the show. The producer funded an estimated $500,000 and $1 million per episode. This fund covers material costs, labor charges, and other associated expenses for building instant dream homes within 12 hours. This show also receives donations and sponsorship earnings that cover the funding.
However, the total funding can vary based on priorities, timeframe, and owner’s property. After hours of discussion, the production company divided the funds into the following express
- Materials: Here, the production team includes every home improvement tool and appliances like lumber, drywall, furniture, and others.
- Labor: After gathering all materials, the show hires local and contact professionals to complete the home renovation in 12 hours.
- Permits and fees: The show must obtain the necessary licenses and costs from the city or county to renovate the homes. Producers also include city permits and licenses that require them to renovate homes.
- Insurance: The show needs insurance in case of any accidents or damage during the renovations. Insurance coverage also includes their expenses if any accident happens during renovation.
- Other expenses: The show covers other things like transportation, food, etc.
2. Sponsorships and Product Placements
Unlike other TV shows, “instant dream home” production generates revenue from sponsorship and product placements. Many US home improvement companies and DIY tool providers tie up with these shows. Companies provide sponsorship deals, raw materials, labor, tools, and other items to build instant dream homes. As a result, the brand gets exposure from the show on national television. Below are the popular US companies that mostly sponsor the show.
- Lowe’s: This company is the official home improvement sponsor for the show. Casts often shop at Lowe’s for materials and supplies in many episodes.
- Home Depot: Another official sponsor for the show is Home Depot. They also provide materials and supplies for the instant dream home renovation.
- Wayfair: For furniture and home appliances, the official sponsor is Wayfair.
- Ashley HomeStore: Another sponsoring company that shows cast visits in specific episodes.
3. Homeowners’ Contribution if Chosen
Netflix’s “instant dream home” renovation is a genuine show that covers the majority of expenses for the project. Still, in some cases, owners may need to pay a certain amount depending on the contract, project type, and producer’s demand. Owens can choose their finance from personal savings, equity loans, and other options.
However, the owner’s investment is considerable because the production company already pays for materials, labor, and other costs.
Sometimes, you may ask to donate to the show’s charity partner, Habitat. This is a nonprofit organization that builds new homes for low-income families.
Talking about other homeowners’ contributions, participants should follow certain things before preparing for the show.
- First, owners should clear all their personal belongings from their homes.
- They should be available for 12 hours until the construction is complete.
- The show’s designer and constructor made their judgments during the renovation, so owners should be flexible with their work.
- If you’re participating in the show, you should prepare for live audience noise.
- The production company takes the rights for all footage of your home renovation, so you have no control over how you shoot and where the footage is used.
4. Donation by Community Involvement
In some cases, instant dream home renovation also involves local community support. It means your nearby constructors or businesses donate materials, labor, and other expenses for the show. It helps providers to showcase their skills and collaborate with national TV shows to reduce renovation costs.
Now, if you asked, who pays for the renovations on instant dream homes? It depends on factors like production budget, owners agreement, collaboration, contribution, and sponsorships. So, the show budget is prepared by a mix of funding sources to renovate your home.
5. Involving Some Tax Implication
Tax implication is expected when you renovate your home with the help of the show. It considers the value of your property increased after the construction. So, owners should pay capital gain tax when they sell the property. That’s why consulting with a tax professional before applying for the show is essential.
However, you can claim a tax deduction for paying a donation to Habitat. The recovery amount depends on your income and the amount of the donation.
How Do I Apply for an Instant Dream Home?
You can easily apply for the Netflix “instant dream home” show by visiting the official casting website. You can start filling in the details by clicking the ” CLICK HERE TO APPLY” button.
After hitting the button, you will be redirected to the application page. Now, there are a few conditions that apply to participants.
- Owners should live and work in the United States.
- Applicants must be 18 years old and reside in the Greater Atlanta region.
- After approval, casting experts inspect your background and check your mental health.
- You will be asked to sign publishing and release agreements.
After inspecting your application and background, the casting director will shortlist the homeowners.
FAQs
How Legit is an Instant Dream Home?
Some people claim the instant dream home show is fake. Indeed the home renovation is completed within 12 hours but it plans, permits, and designs three months early.
What Happens to Peoples Stuff in Instant Dream Home?
In the first steps, crews remove personal stuff or your personal belongings from the home. Most owners don’t know about the remodeling so the crew members remove items and keep them safe.
Why Don’t They Do Bathrooms on Instant Dream Home?
Show cast only design rooms that owners tell are important for them. Besides, there is a limited 12 hours time frame that won’t be sufficient to complete all rooms.
Do the People on Instant Dream Home Have to Pay?
Homeowners won’t pay for their instant dream home construction. The production company mostly carries all expenses including labor, material and others.
Conclusion
Instant Dream Home is a genuine Netflix show that completes a house within 12 hours. However, the design, permit, and strategies were planned three months earlier. US owners can apply for the show and save their home renovation costs easily. Still, consulting with tax experts and other individuals is essential before participating.
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