HDBaseT (HDBT) is not a Ethernet solution. It's a point to point connection using the category cabling that you have. So, if you have a spare network cable that runs from the location where your receiver is, to the TV location, you can pull that cable off the network, and use instead for point to point extension of HDMI. The statement that you must replace the HDMI cable is VERY incorrect.
That said, HDBT does introduce lag into the system which is certainly noticeable if you play games. So, be aware of that.
HDBT also does not support audio return channel (ARC), so you will need to have all of your equipment plugged into the AV receiver.
Be aware that HDBT is point to point. So, you must have a single cable between the two. It does not use your home network.
Be aware that the HDBT unit linked above from Atlona is just a RECEIVER. You need both a transmitter and a receiver for HDBT to work. So, about $500 or more for a quality set.
ARE THERE NETWORK BASED SOLUTIONS?
Yes, there are. They can be just as expensive as HDBT solutions, and they can be FAR more complex for things to work properly. I've used systems from Crestron and each transmitter/receiver was about $1,000 and I had to use a very high quality network switch for it to work. So, a $500 Cisco switch, plus several thousand dollars worth of networked HDMI transmitters/receivers for it all to work properly. It did work great, but it was a long way from budget friendly.
Be aware that 4K HDMI extenders mostly do NOT do HDR 4K/60. This is significant and worth noting as they are very deceptive in their advertising. Look for 4K/60/4:4:4 or a reference to 18Gb/s support from their extender. If they specifically say 4K/30 or a lot of 4:2:0 support, then it indicates that the unit only supports 10Gb/s HDMI. This is a HUGE problem when you have a TV which requests a 4K/60, 18Gb/s signal, and your receiver can deliver it, but the HDMI extender doesn't support it.
An example of one that doesn't support 4K/60 4:4:4:
Buy StarTech Ultra HD 4K HDMI over Cat 5e/6 HDBaseT Extender Kit (230') featuring 4K, 2K, 1080p, 3D HDMI Signal Extender, Transmit UHD 4K Video up to 115', Transmit 1080p Video up to 230', Power Both Units with 1 PSU using PoH, Cat 5e or Cat 6 Cable Supported. Review StarTech ST121
www.bhphotovideo.com
An example of one which does:
Buy Atlona 4K HDR HDMI HDBaseT Transmitter and Receiver Set with Ethernet, Control, PoE and Return Audio (330') featuring Transmit DCI/UHD 4:4:4 @ 60 Hz, 4K up to 330 ft, 1080p up to 330 ft, Supports HDR Formats and HDMI 2.0b, Data Rates up to 18 Gb/s, Connect 4K and HDR Sources and Displays...
www.bhphotovideo.com
Yeah, there's a significant price difference.
Would I try something like this?
Maybe, but it would still be a point to point connection, and I'd get it from Amazon and be darn sure I had a good return policy if it didn't work.