Squidward is at home about to watch House Fancy, a program showcasing fancy homes. As the host, Nicholas Withers, introduces the episode's first guest, Squidward gets a phone call from Squilliam. He reveals 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, decorative toilets with golden toilet paper holders, a garden on the rooftop, as well as a 160-foot sculpture of Squilliam's unibrow that consists 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 done and desperately tries to make his house fancier, but with no success. He spots SpongeBob outside his window, who admits he's been spying on Squidward for days. He 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 assuming that it is Nicholas, he tells SpongeBob to clean up the mess with a vacuum. It turns out that it is Patrick, who needs to use Squidward's restroom.
Once Patrick leaves, Squidward's toilet immediately dies. SpongeBob ends up sucking up everything in the house, causing the vacuum to explode and destroy the house. However, when Nicholas Withers comes over and 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 ending of the episode leads to Squilliam crying wince he has lost and Squidward is happy with the help of SpongeBob.
When Squilliam's bathroom is shown, ironically there is a magazine called "House Fancy" which appears as one of the reading materials.
Twice, Squilliam's phone rings while Nicholas Withers is talking. This action resembles when on TV, people use "bad words" and they censor them.
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 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.
During the scene where SpongeBob and Squidward try to move a sofa, there is a "jump" in the animation between Squidward screaming and then saying "Okay, it's on my foot," both during the same shot. This is either an animation error or evidence of a deleted few seconds that was poorly edited out for the final cut.
The scene where SpongeBob rips Squidward's toenail off while moving the couch has become infamous and controversial among fans due to its goriness, which many found disturbing and out-of-place.
The scene where SpongeBob rips off Squidward's toenail when moving the couch is cut in Indonesia.
Originally, Nicholas was supposed to hate Squidward's house, and still love Squilliam's. Squidward would have then angrily punched Squilliam. The scene was cut because it would make the episode pointless, and the part where Squidward punches Squilliam was deemed too violent.
This is the second time Squidward wins against Squilliam Fancyson at the end of the episode. The first was in "Band Geeks" (Squilliam's debut). Squidward almost won against Squilliam in "Squilliam Returns."
Squidward set his tea cup down to answer the phone. When he was shocked to learn that Squiliam is on House Fancy, he suddenly had the cup in his hand and dropped it on the floor.
After Squidward comments Squilliam's house saying it exactly looks like his, there is a bump on the left side of Squilliam's house, when the scene turns back to it.
In the elevator, the right image of Squilliam does not have a unibrow.
Squilliam displays his "rooftop garden," but his house is initially shown to have a tower instead of a flat roof.
Squidward says there is a stain on the rug, but the stain is actually on the wooden floor.
When Squidward's couch was whole, the paint was all over the couch. However, when the couch is split in half, some of the paint disappears.
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.
In the ending scene where Nicholas Withers visits Squidward's house, SpongeBob's house next door is missing.
Whenever Squilliam Fancyson's last name is shown throughout the episode, it is spelled as "Fancy son."