In HGTV's $250,000 Challenge, five families living in the same neighborhood share a dream: to improve their homes and win $250,000. The families compete in weekly home improvement and design challenges, each based on one of HGTV's most popular shows.

A panel of judges including HGTV hosts and designers sends the families who did the best work on to the next challenge and toward the ultimate goal of earning a newly renovated home and a $250,000 cash prize.