It turns out to be a secret gingerbread house building contest Mr. Fischoeder and his rich, eccentric friends engage in as part of a Christmas tradition.
Meanwhile, Linda, Teddy, and the kids go caroling, but find the residents uninterested in joining or offering things like cider or hot cocoa.
The owner eventually comes out, terrifying them, but ends up being a kind man and wonderful carol singer named Oscar.
Bob apologizes to Mr. Fischoeder and tells them that he finds their traditional contest to be a sweet way to be together with chosen family during Christmas.
Bob surprises the kids with the cuddle session prize, but also invites Mr. Fischoeder and his contest friends to join them.
Club gave the episode an "A−" and wrote that "Any episode that finds Bob tangling with Mr. Fischoeder over rent is bound to have an unhappy ending, with Bob’s damned principles or love of his family keeping him from recognizing a good deal when he sees one, but thankfully the holiday spirit is enough to see this particular entry through.