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Old 01-11-2011, 11:30 PM   #11
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its not a remodel or feature/upgrade, its about bringing your house up from sub par standards andor limiting the probability for an insurance claim/loss. kinda like replacing asbestos siding... pricey, and not dire to be done... but has absolutely nothing to do with a ROI... simply removing an inferior and documented dangerous building product to something safer and with less probability for a claim/loss. the days of the simple 4 points are numbered also. All about being libel conscience for all parties involved.

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Old 01-11-2011, 11:46 PM   #12
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I Strongly suggest you "research this issue" before you make any decisions to cut corners, or let anything slide. If not properly disclosed, or corrected correctly, this will come visit you in the future. I know of 4 homes being re-wired right now so the buyers can get insurance. Bottom line here is -- AL wiring = No insurance = No Sale. Even if it "slid through" if there was a fire from the AL wiring, read your insurance documents, chances are that you will not be covered.
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Old 01-11-2011, 11:48 PM   #13
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Quote:
Originally Posted by Realtor View Post
I Strongly suggest you "research this issue" before you make any decisions to cut corners, or let anything slide. If not properly disclosed, or corrected correctly, this will come visit you in the future. I know of 4 homes being re-wired right now so the buyers can get insurance. Bottom line here is -- AL wiring = No insurance = No Sale. Even if it "slid through" if there was a fire from the AL wiring, read your insurance documents, chances are that you will not be covered.
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Old 01-12-2011, 09:24 AM   #14
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What is that average cost of rewiring a 4 bedroom home? How is it done?
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Old 01-12-2011, 01:01 PM   #15
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5.00-5.50 per square foot. get your sq totals off of MLS or the county appraiser website, and multiply it by 5.5...... also anticipate some drywall patching here and there, esp on exterior walls. not being a smart ass, but its pretty simple... all old wire is removed, new copper Romex is installed. Several variables such as, but not limited too, load calculation, panel size, panel location, access, etc etc. but the 5.5 per square foot is the way to figure it.

oh and have a permit pulled and dont use a jack leg.
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Old 01-12-2011, 03:33 PM   #16
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I called some friends in insurance. There is only 1 company which will openly accept aluminum wiring (Tapco) and it's a policy which he does not push to his people. He could not give me a definitive on a Citizens policy that did not require a 4-point (less than 50 years old). So I don't know if the don't ask don't tell pollicy when it comes to Aluminum is such a good idea anymore.
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Old 01-12-2011, 05:50 PM   #17
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Quote:
Originally Posted by Bullshark View Post
I called some friends in insurance. There is only 1 company which will openly accept aluminum wiring (Tapco) and it's a policy which he does not push to his people. He could not give me a definitive on a Citizens policy that did not require a 4-point (less than 50 years old). So I don't know if the don't ask don't tell pollicy when it comes to Aluminum is such a good idea anymore.

Ding, Ding, Ding, your a winner!
"When in doubt, check it out" Just a little research can save alot of headaches in the end.
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