One of the things I’m encountering as a new homeowner is the extra hidden expenses beyond what can be found by the official inspection and appraisal process. Hired an electrician and found $13K worth of electrical issues to bring up to code and compliance.

no no no no no no. Don't listen to that. You could get it up to code this year and check it in two years and it will be out of code. Leave it alone. You're grandfathered into it. Plus, futzing with electric = more issues. If it works fine, just leave it.

agreed! But if you want the upgrades because you want extra circuits to rooms or 20A circuits in places that's a different thing.

Guess you gotta find out if $13K for a few extra circuits is worth it to you.

$13K can buy a lot of extension cords but also 🔥🔥🔥

I’m aware. I set up concert staging with LED walls, tons of lights and line array speakers. I doubt most people are maxing out their basement circuits to make YouTube videos 😅