Sometimes, buying a home that's brand new and glossy isn't always the best financial decision. Finding a great fixer-upper is one way a family can acquire the home of their dreams while also holding on to extra money and creative freedom. A fixer-upper is a house that requires renovation before it can be considered optimum. Sometimes a fixer-upper is quite livable while others require extensive modifications and necessities, such as the installation of a toilet or wiring. The benefit of a fixer-upper is that it will likely be much lower in price when compared to similar sized houses on the market. You may be able to get a lovely home for a steal, and being able to complete it yourself will give you a great sense of accomplishment. Finishing a fixer-upper to sell is also a great way to make a profit on an investment.