Squidward is about to watch House Fancy, a program showcasing fancy homes, and as host Nicholas Withers introduces the episode's first guest, Squidward gets a phone call from Squilliam revealing that the guest is none other than himself. Squidward watches in anger as Squilliam shows off the various features of his house, which is several stories high, and includes an elevator with a built-in hot tub, decorated toilets with gold toilet paper holders, a garden on the rooftop, and a 160 foot sculpture of his unibrow made of gilded doorknobs. In a fit of blind jealousy, Squidward calls Nicholas and tells him that he has a much fancier home than Squilliam. Squidward realizes what he has just done and desperately tries to make his house fancier, but with no success. SpongeBob appears and offers to help him, with disastrous results (one of them involving Squidward's toenail being ripped out from moving a sofa). Soon, Squidward hears the doorbell ring, and tells SpongeBob to clean up the mess with a vacuum. However, he ends up sucking up everything in the house, causing the vacuum to explode and destroying the house. However, when Nicholas Whithers sees Squidward's destroyed house, he views it as a work of abstract art, and proclaims that his house is better than Squilliam's. The end leads to Squilliam crying because he has lost and Squidward happy with the help of SpongeBob.
Squilliam displays his "rooftop garden", but his house is initially shown to have a tower instead of a flat roof.
This is the second time Squidward wins against Squilliam at the end of the episode. The first was in "Band Geeks" (Squilliam's debut). Squidward almost won against Squilliam in Squilliam Returns.
After Squidward's house is destroyed by the vacuum, for a split second you can see nothing at the house, not even SpongeBob and Squidward before the House Fancy logo comes up. However, when Nicholas Withers and Squilliam get to Squidward's house, everything is back at the house again.
Squidward says there is a stain on the rug, but the stain is actually on the floor.
Squidward said to SpongeBob that he would call the cops "again" if SpongeBob did not go away. This could possibly represent Fiasco! in which Squidward called them on SpongeBob for making a lot of noise. However, they then arrest Squidward for no reason. In this episode, Squidward probably got out of jail as the police realized that he did not do anything.
Squilliam cries after Nick claims Squidward's house is far fancier than Squilliam's house, and the sound of his crying sounds like Waluigi's from the Mario series.
Twice, Squilliam's phone rings while Nicholas Withers is talking. This action resembles it, when on TV, people use "bad words" and they censor them.