Construction vs. Cosmetics
One of the things that has surprised me on this show is the relative cost of what seems to be substantial construction compared to the cost of superficial decoration that, in the end, adds nothing to the value of the house.
Very often, Jonathan finds some major structural problem, like a floor on the verge of the collapse, and presents it to the owners in very grave tones. Given the build-up, you expect him to say that it's going to cost thousands of dollars and greatly reduce the scope of the "reno." But, no. After looking suitably serious and sorry, he says, "this will cost [dramatic pause] $1,500." $1,500! That's nothing! The granite countertops for the kitchen cost four times that much.
I've never done a renovation. How realistic is this?
Also, if it's accurate, it shows how inflated the cost of renovations are by stuff like unnecessarily high-end appliances (why would an ordinary family "need" a chef's kitchen?) and granite countertops (which will look dated in a few years when the next fad comes along). These things do not add long-term value to the house because, no matter great the appliances are now, they age like any other appliances, and the fashion in kitchen and bathroom finishings comes and goes.
Don't misunderstand - I love seeing the final outcome of PB renovations. I think the designers generally do a good job - especially on the kitchens - but often the owners spend an awful lot of money for stuff that will not yield a long-term return.
(Mind you, I totally covet quartz - so much nicer than granite, IMO - countertops, Viking stoves, and French door, bottom freezer refrigerators myself, so I'm not criticizing anybody.)