5 Fixer Upper Houses For Sale Right Now: The Shocking Price Tags Of Chip And Joanna's Magnolia Homes

The allure of a Chip and Joanna Gaines renovation remains as strong as ever in the real estate market, with a select number of their iconic Fixer Upper properties hitting the market in late 2024 and early 2025. These are not just houses; they are tangible pieces of the Magnolia brand, complete with the signature shiplap, open-concept living, and farmhouse charm that launched a multi-million dollar empire. The crucial question for buyers and enthusiasts alike is: How much does that 'Joanna touch' add to the final price tag, and which of these renovated Waco gems can you actually buy right now?

The market for these celebrity-renovated homes is unique, often commanding a significant premium over comparable properties in the Waco, Texas, area. As of today, several high-profile homes from the original HGTV series have been listed, offering a rare glimpse into the appreciating value of the Magnolia legacy. However, prospective buyers should be aware that the dream of owning a Fixer Upper home often comes with strict rules, especially regarding short-term rentals, a direct response to the controversy surrounding some of the earlier listings.

The Exclusive List of Fixer Upper Homes Currently or Recently For Sale

The real estate market for homes featured on Fixer Upper is constantly fluctuating, with properties selling quickly due to the immense brand recognition of Chip and Joanna Gaines. Below is a detailed look at the most significant properties that have been listed for sale in the recent past, offering the freshest data on what it costs to buy into the Magnolia lifestyle.

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1. The Midcentury Modern 'Unstately Manor' ($550,000+)

One of the most talked-about recent listings is a stunning midcentury modern home, often referred to as the "Unstately Manor" from Season 2, Episode 7. This listing, which gained significant traction in late 2024, stands out because it deviates from the typical farmhouse aesthetic, showcasing Joanna's versatility with a sleek, contemporary design.

• Episode: Season 2, Episode 7 ("A Fixer-Upper Dilemma: Classic and Traditional vs. New and Modern").
• Style: Midcentury Modern, featuring clean lines, large windows, and a sophisticated, non-farmhouse interior.
• Recent Listing Price: Reportedly listed for around $550,000.
• Key Entities: Midcentury Modern Design, Unstately Manor, Season 2, Waco Real Estate, Contemporary Renovation.

The home's value appreciation is a testament to the Gaines' influence. While the original renovation was years ago, the lasting quality of the design ensures it remains a premium listing. The listing highlights the enduring appeal of quality, timeless design over fleeting trends.

2. The Controversial 'Barndominium' ($1.2 Million)

The "Barndominium" is arguably the most famous and most expensive home ever featured on Fixer Upper, and its listing history is a fascinating case study in the intersection of celebrity renovation and real estate investment. The sheer scale and unique nature of this property—a massive barn converted into a luxury home—set it apart.

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• Episode: Season 3, Episode 11 ("The Barndominium").
• Style: Industrial Farmhouse / Barndominium.
• Listing Price: Listed for an astonishing $1.2 million.
• The Controversy: The home was listed due to the owner's attempt to use it as a high-priced short-term rental (STR), which drew criticism from the Gaines family and highlighted the issue of commercializing the residential renovations.
• Key Entities: Barndominium, Short-Term Rental Controversy, $1.2 Million Price Tag, Industrial Farmhouse, Lacy Lakeview, Investment Property, Magnolia Brand.

The high price reflects its size—over 2,600 square feet on 16 acres—but also the "Magnolia Tax," the premium buyers are willing to pay for a piece of the show's history. The debate over its use ultimately led to stricter rules for future Fixer Upper homeowners, making this listing a pivotal moment in the show's real estate legacy.

3. The Charming 'Baker House' (Listed at $360,000)

A more approachable listing was the "Baker House," a charming 1950s bungalow that was featured in the final season of the original series. This property represents the classic, accessible Fixer Upper project: taking a modest, older home and infusing it with modern functionality and farmhouse charm.

• Episode: Season 5 ("The Baker House").
• Style: Classic Bungalow / Farmhouse Cottage.
• Listing Price: Listed for $360,000 (earlier listing was $349,000).
• Features: Updated kitchen, statement dining space, and a versatile home office complete with Joanna’s signature pony wall.
• Key Entities: Baker House, Season 5, Bungalow, Farmhouse Cottage, Patti Baker, Pony Wall, Accessible Renovation.

The Baker House demonstrates the strong return on investment (ROI) for these renovations. The home was a comfortable size for a single owner, and its quick resale at a healthy price point confirms the high demand for smaller, move-in-ready Magnolia homes.

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The 'Magnolia Tax': Understanding the Premium Value

Why do these homes sell for prices that often exceed the local market average? The answer lies in the "Magnolia Tax," a term used to describe the significant premium attached to properties renovated by Chip and Joanna Gaines. This premium is driven by several key factors that create unique topical authority in the Waco real estate market.

The Investment Value and Rental Restrictions

The desire to own a Fixer Upper home often stems from a dream of living in a beautiful, customized space, but for many, it's an investment opportunity. The success of the show has turned Waco into a major tourist destination, with the Magnolia Market at the Silos drawing millions of visitors annually. This has fueled a demand for short-term rental properties, which is where the Gaines family stepped in with new rules.

• The Rental Reality: The high-profile attempt to rent out the Barndominium and other homes led to the implementation of new covenants.
• The Rules: Many homes renovated in later seasons or sold by the Gaines' company now come with deed restrictions explicitly prohibiting or limiting short-term rentals (like Airbnb). This is to ensure the homes remain residential and to protect the integrity of the neighborhoods.
• Appreciation: Despite these restrictions, the homes continue to appreciate. The quality of the renovation, the celebrity factor, and the enduring popularity of the Magnolia style guarantee a strong resale value. Buyers are paying for a finished, professionally designed home that is instantly recognizable and highly desirable.
• Key Entities: Magnolia Tax, Return on Investment (ROI), Deed Restrictions, Short-Term Rentals (STR), Airbnb, Waco Tourism, Magnolia Market at the Silos.

What to Expect When Buying a Fixer Upper Home

If you are one of the many fans dreaming of purchasing a piece of Fixer Upper history, there are several unique considerations beyond the price tag. These homes are fully custom, meaning they come with unique design choices that may or may not suit a new owner’s taste, but they also come with a level of finish that is hard to replicate.

• The Shiplap Factor: Expect high-quality, authentic materials. Joanna’s aesthetic is defined by shiplap, reclaimed wood, natural light, and open shelving.
• High Demand: When a Fixer Upper home is listed, it often sells within days, sometimes with multiple offers. Be prepared to move quickly and offer above the asking price.
• Maintenance: While the renovations are extensive, some of the original homes are older structures (1950s bungalows, historic homes). Buyers should still conduct thorough inspections to ensure the foundation and infrastructure are sound, a common consideration for any older "fixer-upper."
• Key Entities: Shiplap, Reclaimed Wood, Open Shelving, Natural Light, Farmhouse Style, Historic Homes, Home Inspection, Multiple Offers.

Ultimately, buying a house from Fixer Upper is more than a real estate transaction; it's buying a lifestyle and a piece of television history. Whether it’s the sprawling $1.2 million Barndominium or the more modest Baker House, the enduring appeal of a Chip and Joanna Gaines renovation continues to drive the market, making these properties a highly sought-after commodity in the world of celebrity real estate.