the.com/fixer upper
real estate code for imagine the potential, love, plus forty thousand dollars.
means a property sold cheap because it needs significant repair or renovation before it is livable or valuable.
from american real estate slang from the mid-20th century, built on upper meaning to fix up thoroughly, gained mainstream traction as house-flipping culture and HGTV made renovation a spectator sport.
hgtv shownamed itself literally this, ran 2013 to 2018
hidden costsrenovations often exceed initial estimates by 20 to 50 percent
buyer psychologylistings use it to signal potential, not disaster
loan typeFHA 203k loans exist specifically to fund these
for instance
chip and joanna gaines — built a waco, texas empire flipping these on tv
the money pit — 1986 tom hanks film, comic worst-case fixer upper scenario
levittown originals — postwar tract homes now routinely sold as gut renovations