FIXER UPPER Meaning and
Definition
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A "fixer upper" is a term primarily used in the real estate industry to describe a property that requires extensive renovation or repairs to make it habitable or desirable. It refers to a building or house that is in a state of disrepair, often neglected or outdated, and in need of significant improvement to enhance its value, structural integrity, functionality, or visual appeal.
The term "fixer upper" implies that the property is not move-in ready and necessitates significant investments of time, effort, and resources to restore it to a more desirable condition. This can include various repairs, renovations, or remodeling projects such as replacing outdated fixtures, repairing structural issues, fixing electrical and plumbing systems, upgrading outdated interiors, or enhancing exterior features.
The appeal of a fixer upper lies in its potential for transformation and investment opportunity. It attracts buyers or investors who are willing to take on the challenge of refurbishment, aiming to enhance the property's value and potentially resell it at a higher price, or create a personal living space tailored to their liking. Fixer uppers are often priced lower than similar properties in better condition, reflecting the additional costs and efforts required to achieve the desired outcome.
The term "fixer upper" is also used more broadly to describe any project or endeavor that requires significant effort, attention, or improvement. It signifies a situation where something is broken, outdated, or subpar, necessitating intervention, repairs, or enhancement to restore its functionality or value.
Etymology of FIXER UPPER
The term "fixer upper" is a compound word composed of "fixer" and "upper".
- "Fixer" is derived from the verb "fix", which dates back to the late 14th century, with origins in Old French and Latin. It originally meant "to set (one's eyes or mind) upon" and later developed into the more general sense of "to make firm or stable; to fasten; to attach". From there, it evolved to mean "to mend, repair, or restore", which is the sense we associate with it today. The term "fixer" as a noun was formed from the verb "fix" and is used to refer to a person who is skilled at repairing or improving things.
- "Upper" is short for "uppermost" or "upper-level".
