Definition

Noun: A property, typically a house or other dwelling, that is in poor condition and requires significant repair, renovation, or modernization. It is often sold at a price below the market value for similar properties in good condition, reflecting the cost and effort needed for its improvement.

Usage

This term is used almost exclusively in the context of real estate to describe a property that is not move-in ready. It implies that the buyer is purchasing the property with the explicit intention of repairing and upgrading it. The term often carries a connotation of a potential investment opportunity.

Examples

• They bought a fixer-upper in the historic district and spent two years completely renovating it.
• The listing described the cottage as a charming fixer-upper perfect for a handy buyer.
• We're looking for a fixer-upper because we want to customize our home and add value through renovations.

Advanced Usage

• The term can sometimes be used metaphorically to describe any object or system that is in a state of disrepair and requires significant work to become functional or desirable.
  • That old car isn't just a project; it's a total fixer-upper.

Variants and Related Words

• Fix up (phrasal verb): To repair, renovate, or restore something.
  • They plan to fix up the old barn.
• Handyman's Special (noun, informal): A near-synonym for , emphasizing that the property is suitable for a person skilled in repairs.
• Project House (noun): Another synonym highlighting the work involved.

Synonyms

• Fix-up property
• Handyman's special
• Project house
• Renovator's delight (often used optimistically in real estate listings)

Antonyms

• Turnkey property
• Move-in ready home
• Renovated home

Noun

1. a house or other dwelling in need of repair (usually offered for sale at a low price)