Fixer-Upper

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.cite news
url=http://www.denverpost.com/technology/ci_5376646
title=Is a fixer-upper right for you?
author=Elana Ashanti Jefferson
date=March 7 2007
publisher=Denver Post
accessdate=2008-03-05
] 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. Inexperienced buyers frequently underestimate the amount and cost of repairs necessary to make a home livable or saleable. 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.

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.

Film and television

Many comedy films have used fixer-upper renovations as a central part of the plot, among them:
*"Mr. Blandings Builds His Dream House" (1948)
*"George Washington Slept Here" (1942)
*"The Money Pit" (1986)

Flipping of rundown houses has also been the subject of various reality television shows, including:
*"Flip This House"
*"Flip That House"
*"The Real Estate Pros"

References

*cite web
url=http://www.thisoldhouse.com/toh/article/0,,694903,00.html
title=Should You Buy That Fixer-Upper?
accessdate=2008-03-05
author=Jeffrey Rothfeder
publisher=This Old House


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Look at other dictionaries:

  • fixer-upper — UK US noun [C] US INFORMAL ► PROPERTY a house or apartment for sale that is in bad condition and needs work: »It s a fixer upper the roof leaks and the windows need replacing …   Financial and business terms

  • fixer upper — noun count AMERICAN INFORMAL something that costs less because it is in poor condition and will need to be fixed, for example a house …   Usage of the words and phrases in modern English

  • fixer-upper — [fik΄sər up′ər] n. Informal a house in poor repair but suitable for restoration, that is for sale at a bargain price …   English World dictionary

  • Fixer Upper — Infobox Television episode Title = Fixer Upper Series = The King of Queens Season = 1 Episode = 12 Writer = Tony Sheehan, David Litt Director = Rob Schiller Guests = Constance Zimmer as Jenny Production = 112 Airdate = December 21, 1998 Episode… …   Wikipedia

  • fixer-upper — noun Date: circa 1977 something (as a house or car) that needs fixing up …   New Collegiate Dictionary

  • fixer-upper — /fik seuhr up euhr/, n. Informal. 1. a person who is handy at making repairs. 2. a rundown dwelling offered at a bargain price and suitable for improvement by a new owner, often with the object of resale at a considerable profit. [fix up + ER1,… …   Universalium

  • fixer-upper — noun a) A house, property, car, or other object that needs to be fixed up or repaired, often purchased as an investment. b) A person who tinkers or fixes things up …   Wiktionary

  • fixer-upper — noun a house or other dwelling in need of repair (usually offered for sale at a low price) • Hypernyms: ↑dwelling, ↑home, ↑domicile, ↑abode, ↑habitation, ↑dwelling house …   Useful english dictionary

  • handyman's special — fixer upper. * * * …   Universalium

  • handyman's special — fixer upper. * * * handyman s special US informal : a house that is being sold at a low price because it needs many repairs • • • Main Entry: ↑handyman handyman s special see ↑handyman • • • Main Entry: ↑special …   Useful english dictionary

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