Fixer-upper

In real estate vernacular, a fixer-upper is a property that will require repair (redecoration, reconstruction, or redesign), though it usually can be lived in or used as it is.

An older house like this one, usually in need of renovation, is a typical "fixer-upper"

They are popular with buyers who wish to raise the property's potential value to get a return on their 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 which may not be visible at first (such as a home's foundation or plumbing), can require expensive, professional contracting work.

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:

gollark: I'm messing with image processing. By multiplying that mask with the (shifted) FFT of an image, I can effectively make a"low pass filter" thingy. I should probably find some actual educational material on this instead of just tweaking a badly written python program.
gollark: pls repost 849035452651536414
gollark: What? Unlikely, pyrobot.
gollark: If you *must* know, the noncognitohazard is just the inverse FFT of this thing shifted a bit.
gollark: Thus, you should observe the image.

References

  1. Elana Ashanti Jefferson (March 7, 2007). "Is a fixer-upper right for you?". The Denver Post. Retrieved June 12, 2019.

Further reading


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