MovieChat Forums > Love It or List It (2011) Discussion > The "Increased Value"

The "Increased Value"

posted 7 years ago by moeswig78
3 replies | jump to latest

Something that annoys me about this show is the funny math they do at the end of each episode. The disembodied female voice will say something like, "John and Jane's home was originally valued at $500,000. After the renovation cost of $100,000, their home is now valued at $615,000. That increases the value of their home by $115,000."

Well, technically, yes. But they spent $100K to get there, so it's really only a $15K increase for the homeowners. Which is fine, but it's just not that impressive for all the headaches involved in a reno. I guess that's a quibble compared to some other complaints people have (I'm thinking of the pending lawsuit against the production company).

[–] cherylelliotcrna 7 years ago

I've noticed that as well.

[–] wannabertist 7 years ago

I was just coming on here to post the same thing. It might be the new value but it's not equity to the homeowner.

[–] virnman-549-227337 7 years ago

There's nothing funny about the math. Sometimes you get a dollar for dollar reno value, sometimes you get more value than you spent. Obviously if the reno goes poorly or there are major issues, you might end up with less than you spent. This show will always guve you at least a dollar for dollar reno value.