Just purchased a home and getting a plan to begin BRRRR method. Walking through the home I realized the number of outlets is very limited and the electrical system is very far outdated. The home has plaster walls and the elctrical is knob and tube. I need some advice on how to or wether or not one would suggest to update the outdated electrical.
My fire impression is to update electrical as I have pride in ownership and want the future SFH rental to be nice. I realized quickly that updating the electrical from Knob and Tube can very quickly become a huge job if I'm tearing down walls to the studs. I think this would be nice however also want to consider if this update is necessary. Does anyone have any experience updating an older knob and tube electical home? Is it necessary to update electrical? Is the juice worth the squeeze (Will i see a return on investment by updating electrical)?
For anyone that has rewired a home with knob and tube. How did you do this process? Did you remove all plaster walls and sheet rock the entire house or do you recommend fishing wires and cutting holes in the walls?
Thanks in advance for all your support and help.
When I price out a rehab in plan on upgrading the K&T wiring. I think it's worth it in the long run. You don't run into insurance issues, you have a much safer electrical system, and you have a system that is easily upgraded in the future.
We're only going to be drawing more and more power. I remember as a kid having a house with K&T wiring and blowing fuses from the power draw we had back then. That was the era of 2 TV's, 2 stereos, and 1 AC window unit. Nowadays you've got a LOT more draw on the systems. You also have electronics which are more sensitive to electrical issues.
If you are going down to the studs anyway, replace the wiring. You'll have the walls open so it will be easier.
@Jordan Snedaker , I would not gut a house just to rewire it. If the house is just a C-class basic housing type place, you could use surface mounted conduit to rewire.
If its a nicer B class or better house, then you can still do it without gutting the house. The first floor outlets can have new outlet wires fished up from the crawl space or basement below. The 2nd floor outlets and ceiling fixtures can be fished down from above (once you get wires up to the attic).
The hardest things to rewire without opening too many holes in walls or ceilings are the 1st floor lights on a 2 story home.
You will have some patching to do here and there, but I would not gut a house just to rewire it.