If so maybe the pipes are OK and only the fixtures need to be replaced.
Or maybe the plumbing only needs to be upgraded in areas like the kitchen or bath. Most homes built in the 1960s had 60 amp service, today's homes have 200 amp service. But, if the wiring is in conduit it may be an easy upgrade, if not you may have to open up walls and ceiling.
The house is old, and the electrical is original, so some of the outlets and switches are either temperamental or don’t work at all.
In addition, nothing’s been updated to ground-fault circuit interrupters (GFCIs), which prevent accidental electrocution.
Are there any safety concerns with these old ones or is this just something they tend to note on such surveys.
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If so, then your building is almost sure to have what is called “knob and tube” wiring or an ungrounded system. Here are the top 5 dangers of knob and tube wiring.
Knob and tube wiring was considered “state-of-the-art” back then, but now it is very dangerous, is in violation of current legal electrical codes and is not insured by most insurance companies. 1) Knob and tube wiring is two-stranded – with a hot wire and a neutral wire only – it uses no ground wire.