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.
[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.
[citation needed] 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: This real estate article is a stub.