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HGTV Urban Oasis Bungalow Giveaway 9/24/15 2PPD21+

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Enter the HGTV Urban Oasis Giveaway for your chance to #win a bungalow dressed with furnishings from Overstock.com and located in one of the hottest neighborhoods in Asheville, NC, plus a 2016 Acura TLX and $50,000 provided by national mortgage lender Quicken Loans. The grand-prize package is valued at over $500,000.

Sweepstakes Rating: Okay

Eligibility: US, DC, 21 and older

Entry Dates: August 6, 2015 and ends on September 24, 2015 at 5 p.m. ET

#1 Website Entry Form | #2 Website Entry Form | Official Rules

Mail-in Entry: hand print your name, complete address, phone number (including area code) and date of birth either on a postcard or on a separate piece of paper no larger than 8-1/2 x 11 inches, and mailing the postcard or paper in an envelope with the proper postage affixed to:

HGTV Urban Oasis Giveaway 2015
PO Box 52612
Knoxville, TN 37950

Mail-in entries must be postmarked by September 24, 2015 and received by October 1, 2015. Limit one entry per stamped envelope.

Entry Limit: two entries per person per day (one per entry link), mail-in may enter as often as you wish.

One (1) Grand Prize: the home located in Asheville, North Carolina that is featured in the “HGTV Urban Oasis” special (including home furnishings, fixtures, artwork, and merchandise) ARV: $490,395, plus $50,000 awarded in the form of a check or electronic funds transfer courtesy of Quicken Loans; and a 2016 Acura TLX SHAWD Advance automobile MSRP: $45,720. Total ARV of Grand Prize is $586,115

Random Drawing: on or about October 6, 2015
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Disclosure: this listing may contain affiliate, referral or tracking links. Read about our policies for more details.

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Comments

  1. Jeanette says:

    Looking at the Official Rules, is it true that HGTV is NOT offering a cash alternative this time around? Thanks for clarifying this for me.

    • It does not appear that there is a cash alternative for the entire prize. They are giving $50,000 cash as part of the prize though

      • Jeanette says:

        Yes, but would have to accept the entire prize package, no matter what. Have to admit I fear the taxes and fees and the need to have to try and sell something well out of our area. Always had entered HGTV giveaways because of the cash alternatives. Oh well, thanks for responding.

  2. They’ve dropped the cash option, which makes these prizes fairly unrealistic. You’d have to sell or do a loan just to pay the taxes.

    • Jeanette says:

      Yes, very disappointing. I’d be curious to find out if the number of entries goes (way) down because of this.

      • They have multi millions of entries, I’m guessing they will still have similar. I will still enter this but yes, the Cash option would of made the win easier. I’m guessing they kept getting stuck with the houses.

  3. Sell the car for $35k or more + you have the $50k cash. Take possession of the house and put on the market & hope it sells before the taxes are due, I would think you could walk away with a few hundred thousand after taxes.

  4. curmudgeon2 says:

    $290,000 (cost) + $50,000 + 2016 Acura $45,720 = $385,720 + $104,675 improvements = $490,395. The car, cash and furniture muddy the tax waters, as each is taxed differently. If you sell, the furniture isn’t Real Estate so it has no value as far as a lender is concerned, nor will it be included in the Real Estate Appraisal valuation. Buyer needs to come up with 20% down + the value of the furniture, or you keep the furniture & sell it. House is located at – 17 Russell St, Asheville, NC Google it & you’ll find what HGTV paid for it & that “The average list price for West Asheville Estates is $249,700.” $290,000 (cost) + $104,675 improvement (including furniture) = $394,675. I couldn’t find anything of comparable sq. footage for sale in West Asheville Estates for anywhere near $394,675. The value of the furniture is unknown, but the house is possibly overbuilt for the area.

    • Now they say the total pkg is worth $585k – you are right– the comps in the area would drag the sale price down – the house would not sell for more than $360 if that. So there is $100k imbalance in the tax issue. Then fees for realtor, and all the other fees and taxes. Once again the working class or even middle income person is left out. Too bad.

  5. garey waters says:

    iam from asheville and i need a home for my family.

  6. Always have loved what you have done with the sweepstake homes, but be realistic and understand the taxes would be more than the average American can afford. Don’t you want this to be a success story?

  7. It really would be impossible to live in the house. Why not give a reasonable car,a home the average person can afford and make some one happy. This truly is the impossible dream. How about a tiny house in a tax free state and a Ford or Chevy..I for one am up for that..

  8. It would be impossible for most people to accept the prize. Such a shame, I was entering everyday until I found out it has no “cash option”. the home alone taxes are $168,687, let alone the car and who knows what’s hidden. sad……..

  9. Seriously, so many complaints from people who haven’t won anything. So negative. Here’s an idea, don’t enter!

  10. Marianne Bailey says:

    Here is an idea! Whomever wins the Urban Oasis and don’t appreciate what you receive, give it to a person whom lost all of their belongings in the flood in Columbia. This could be written off as a charity and be given a big tax gain on income tax by IRS.

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