If you’ve spent any time scrolling home listings, you’ve likely seen the term . These homes tend to be priced lower than move-in-ready properties because they need repairs, updates, or a full renovation. For some buyers, that lower price tag opens the door to homeownership. For others, it’s a red flag signaling time, money, and risk. So, what is a fixer-upper exactly, and how do you know if one is worth your time, money, or effort? In this post, we’ll shine some light on fixer-uppers and share buying tips from top real estate agents throughout the country. While it’s not necessarily a technical or formal real estate term, the phrase fixer-upper has come to represent a house that requires repairs, cosmetic updates, or major renovations before it can reach its full potential. These homes often: Because of these drawbacks, fixer-uppers usually list at lower prices than comparable move-in-ready homes. That lower entry point can make them appealing, but it also means extra planning, budgeting, and decision-making. “Don’t get caught chasing perfection — focus on the location and big-picture features you can’t change, and remember that cosmetic upgrades can always be done later,” advises Braden Johnson, a top agent serving the Mesa, Arizona area. “Most importantly, work with an agent who knows how to navigate negotiations and uncover opportunities in a competitive market.”What is a fixer-upper?
