Real estate term referring to a house so dilapidated that even fixing it UP wouldn't make it attractive.
Amelia: "I'm sending you a listing of a fixer-upper. It needs a lot of work but the price is good and so is the location."
Bob (upon receiving the listing): "You've gotta be kidding me, Amelia. Looks more like a fixer-downer to me. Take another gander."
by dan moses December 19, 2007

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from daily@urbandictionary.com. We'll never spam you.

×