Does an HGTV remodel effect a neighborhoods property value?

[Jared Cauffield]

I am curious to know if anyone here has owned a home in a neighborhood where there was an HGTV home remodel show shot.  If so, did you see an increase in the value of your home and/or others in that neighborhood?

I have an "inside sources" telling me that there is a property currently being rehabbed for an HGTV show in the same neighborhood I have a flip project.  They told me that they believe it will affect the market and cause home values to rise. Do you think this is true?

[Jaron Walling]