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If you haven’t heard yet, we’re partnering with @discoveryinctv to create a television network centered around the things we love most: family, community, design, food and more. To hear a little more about what’s on the horizon, check out @chipgaines update at magnolia.com/blog.
You don’t have to watch old reruns of Fixer Upper to reminisce about your favorite makeovers anymore. From the famous Faceless Bunker to the Prickly Pear House, Chip and Joanna Gaines–designed homes in Waco, Texas, are popping up for sale everywhere. The only catch? Many of them have nearly tripled in value.
The latest fixer-upper to join the ranks is the Asian Ranch from season two. The Gaines’s clients, the Reed family, first purchased the dated 1960s ranch for a mere $262,200 and put $190,000 into the renovations. Fast-forward four years and the mid-century bungalow is back on the market for a cool $739,900.
Chip and Jo made plenty of noteworthy changes to the single-story house, including creating an open-concept floor plan, ripping out the kitchen wallpaper, installing all new light fixtures, and extending the front porch. Veering from her traditional farmhouse aesthetic, Joanna opted for a touch of European-inspired elegance with high-glam chandeliers, wide-plank hardwood floors, and sweeping French doors.
And while the 4,200-square-foot abode is a far cry from its dreary beginnings, we’re not completely convinced that the modern upgrades are the only reason the home’s price tag has hit an all-time high.
Chip and Jo’s rise to reality television fame has had a huge economic impact on the local community. The couple’s Magnolia Market alone drew 1.6 million visitors in 2017, according to the Waco Tribune. For HGTV fans and design lovers alike who want a taste of their famous southern charm, the Gaines name is a major draw. It’s no wonder every diamond-in-the-rough they touched over the course of five seasons is proving to be real estate gold.
While we’re a little bitter that we missed out on their magic touch when we had the chance, we’re hoping Chip and Jo get back into the house-flipping game when they make their big return to the small screen in 2020.
See more stories like this:
Joanna Gaines Shares the #1 Decorating Mistake People Make
I Went to Waco, Texas and It Was Everything I Hoped and More
Chip and Jo’s Most Dramatic Fixer-Upper Is Now Available to Rent on Airbnb