This is what's troubling us the most. We want to do everything by the book. In Austin we pulled all the permits, studied the code books, and made sure we did everything to code. In the end we saved tons of money and were happy with the results. We would like to do this here, but the city is more interested in encouraging house flippers and townhouse development than potential longterm owners. It makes sense from a tax perspective. We've been at our current place since 2002 and most of the surrounding bungalows have either flipped multiple times at ever-increasing prices or been torn down and replaced with three-to-a-lot townhouses. Currently we are leaning towards pulling all the permits. We may change our mind when the rewire estimates start coming in.