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The Flipper Fixer Upper

March 21, 2017

With Magnolia Silos and the new bakery complete, Chip and Joanna Gaines are ready to take on another special project. This time they're branching into (actually, returning to) the house-flipping market — updating a small Tudor in central Waco with hopes of turning a tidy profit.

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Photo: Jennifer Boomer/Verbatim Photo A. From: Fixer Upper.

Back to Beginnings

It's deja vu all over again when Chip and Joanna return (temporarily) to their former avocation as house flippers. "Before the farm, this is something Chip and I did all the time," says Joanna. "We've been doing a lot of renovations for clients lately, but I think every now and then, to change things up, a good flip house will re-energize us."

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Photo: Jennifer Boomer/Verbatim Photo A. From: Fixer Upper.

BEFORE

The Giraffe House, so nicknamed in this case by Joanna, was built in 1937. It has three bedrooms, two baths, 1800 square feet, and the list price is $79,900. Renovation would entail updating the exterior, freshening up the living and dining room, a complete update to the kitchen and master suite renovation. The estimated reno costs were $85,000, with a total investment of around $165,000.

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Photo: Jennifer Boomer/Verbatim Photo A. From: Fixer Upper.

AFTER

The overall profile of the home's exterior is retained, but the look is transformed with new stucco for the main facade, new roof, a new dormer, window trim and fresh landscaping. 

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Photo: Jennifer Boomer/Verbatim Photo A. From: Fixer Upper.

Living Room, BEFORE

The living room is in need of new paint, flooring and a fireplace overhaul.

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