Fixer-Upper

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For the television episode, see Fixer Upper.

A fixer-upper is a real-estate property that will require maintenance work to redecorate, reconstruct or redesign. They are popular with buyers who wish to raise the property's potential value to get a return on investment, a practice known as flipping, or as a starter home for buyers on a budget.[1] Home-improvement television shows touting do-it-yourself renovation techniques have made fixer-uppers more popular, but during a real-estate downturn, with newer homes available at depressed prices, there is often reduced interest.[1] Inexperienced buyers frequently underestimate the amount and cost of repairs necessary to make a home livable or saleable.[1] Structural and service issues such as a home's foundation or plumbing, which may not be visible at first, can require expensive, professional contracting work.[1]

According to Jack C. Richards in his book Interchange ( Third Edition) Volume Three, the expression 'Fixer-Upper' describes a place for sale at a lower price because it needs a lot of repairs.

[edit] Film and television

Many comedy films have used fixer-upper renovations as a central part of the plot, among them:

Flipping of rundown houses has also been the subject of various reality television shows, including:

[edit] References

  1. ^ a b c d Elana Ashanti Jefferson. "Is a fixer-upper right for you?", Denver Post, March 7, 2007. Retrieved on 2008-03-05. 
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