The movie was the first remake of Mr. Blandings Builds His Dream House (1948). The second was around seven years later in 1993 with Sweden's Drömkåken (1993) whilst the third, which was the second Hollywood remake, was about twenty-one years later in 2007 with Are We Done Yet? (2007).
In the scene where the "Cheap Girls" talk with Walter on wanting to change their name to "Meryl Streep", it looks like he says "bulls**t" instead of "Meryl Streep".
Walter: [on the phone trying to locate a plumber]
Hi! We're having a little trouble with our pipes, and I was - uh, Fielding, Walter Fielding... Well, there's no reason why should have heard of me... no, that's not a Jewish name... how much do I make a year? Well, how much do you make a year? Really!... Yale, I went to Yale...