Chip and Joanna Gaines of "Fixer Upper" are known for performing makeover magic, but will the dynamic duo be responsible for million-dollar makeover magic?
One of the memorable homes featured on the show may reveal if their beloved aesthetic translates into a seven-digit sale.
The "Faceless Bunker" house from season 2 is now on the market for $1.15 million. If a fan of the popular show pays full asking price, the home will sell for quadruple Waco's median list price of $265,000.
However, this house is far larger than an average Waco home, so let's compare apples to apples.
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This four-bedroom, 3.5-bath house measures 4,113 square feet, which works out to $280 per square foot. The median price per square foot of a home in the area is currently a budget-friendly $112—way less than half of the price of this Magnolia-renovated beauty. Gaines premium pricing, anyone?
The home was last on the market in 2014 for $349,900. If the current owners paid somewhere in the neighborhood of that price, we figure they stand to almost triple their investment, minus renovation costs, of course. And what a grand renovation it was by the "Fixer Upper" crew.
Let's take a look at what Chip and Joanna did to justify the price jump.
First, they gave the place a "modern beach home" vibe, removing the brick and added new siding.
They also added a faux balcony to bring some dimension to the front of the house and installed new windows. The front door was replaced and painted, and all-new landscaping was added to create a tropical feeling for the home.
Inside, the entire layout and orientation was overhauled. A new stairwell with iron railings and steel cables was installed. French doors and windows were added, and the fireplace was simplified and refaced with black tile. Bamboo flooring was added throughout the first floor.
The kitchen was also redone and relocated to a more central area of the house. New windows, cabinets, countertops, a peninsula, shelves, and state-of-the-art appliances were added. The open area was also extended to include a dedicated homework space and a walk-in pantry.
The dining room got a new set of French doors, along with new flooring and light fixtures.
All the bedrooms and bathrooms were renovated, with the master bath being a particular highlight of their work. Chip and Jo also added a game room to the house.
There were a couple of things that Chip and Joanna didn't change, but helped to highlight: the gorgeous views of Lake Waco and the nearly 2-acre lot. Why mess with perfection?
The price of this home is ambitious. The "Plain Gray House" from season 4 was much smaller, but it landed on the market for only $260,000. The famous "barndominium" and shotgun house both had asking prices in the million-dollar range, and neither one shows any evidence of selling.