fixer-upper
Bargain with baggage
A fixer-upper is a house or property sold at a lower price because it needs significant repairs or renovation.
The term implies potential value for buyers willing to invest time and money in improvements: We bought a fixer-upper and spent two years remodeling it.
Sometimes used figuratively for anything requiring work to reach its potential.
Amateur home projects
- handymanVersatile home repairer
- contractorHired construction professional
- toolsDevices for doing work
- hammerTool for striking nails
drill · saw · nails · blueprint · workshop · labor · materials · timeline
Altering existing structures
- guttingRemoving internal organs
- demolitionDeliberate structural destruction
- constructionProcess of building something
- drywallGypsum-core building panels
flooring · tiling · painting · plumbing · electrical · roofing · insulation · cabinetry
Residential building
- homeOne's personal residence
- bungalowOne-story house with porch
- cottageSmall rural home
- farmhouseDwelling on agricultural land
ranch · duplex · townhouse · foreclosure · estate · dwelling · listing · realty
Impartial treatment or ownership value
- appreciationRecognition of worth
- ROIProfit-to-cost ratio
- flipQuick turning motion
- profitGain exceeding expenditure
capital · budget · appraisal · undervalued · bargain · deal · speculation · leverage
Thorough change in form
- makeoverComplete appearance overhaul
- upgradeRaise to higher standard
- before-and-afterPaired images showing change
- visionAbility to see
promise · curb-appeal · value-add · possibility · untapped · opportunity · prospect · reimagine
DIY
Amateur home projects
- handymanVersatile home repairer
- contractorHired construction professional
- toolsDevices for doing work
hammer · drill · saw · nails · blueprint · workshop · labor · materials · timeline · budget
remodeling
Altering existing structures
- guttingRemoving internal organs
- demolitionDeliberate structural destruction
- constructionProcess of building something
drywall · flooring · tiling · painting · plumbing · electrical · roofing · insulation · cabinetry · carpentry
house
Residential building
farmhouse · ranch · duplex · townhouse · foreclosure · estate · dwelling · listing · realty · hunting
equity
Impartial treatment or ownership value
- appreciationRecognition of worth
- ROIProfit-to-cost ratio
- flipQuick turning motion
profit · capital · budget · appraisal · undervalued · bargain · deal · speculation · leverage · mortgage
transformation
Thorough change in form
- makeoverComplete appearance overhaul
- upgradeRaise to higher standard
- before-and-afterPaired images showing change
vision · promise · curb-appeal · value-add · possibility · untapped · opportunity · prospect · reimagine · revitalize
repairs
Restorative maintenance work
rot · settling · leaks · surprises · overruns · permits · contingency
- Fixer-Uppershandyman special, needs work, distressed property, gut job, gut rehab
- Home Buyingmortgage, downpayment, down payment, closing, closing costs
- housing marketstarter home, first home, condo, flat, apartment
- Housing Dreamshomeownership, first home, starter home, forever home, dream house
- listing lingohandyman special, starter home, move-in ready, priced to sell, motivated seller
- property traitsspacious, cozy, rundown, dilapidated, vacant
fixer-uppermove-in ready
Prepared for immediate occupancy
mint condition · immaculate · new construction · well-maintained · updated
fixer-upperhassle-free
Without difficulty or annoyance
worry-free · turnkey · move-in ready · low-maintenance · maintenance-free