Yeah, kitchens and bathrooms are an exception to some extent. Those are two rooms where modern fixtures and appliances make sense, but IMO they should be done in an appropriate style. In old homes where it looks like Home Depot just took a shit in the kitchen and bathrooms, I just have to shake my head. The look doesn't fit at all.
I disagree with you somewhat. If someone takes the time to make their plaster walls laser straight, then you're right, it probably won't make a difference. But for me, that's part of the charm of an old home, that the walls aren't perfectly straight and textured. Plaster walls are also much more durable than sheetrock, and although I've never had them, I've heard they're also good for blocking noise, and also against fire. I know some people don't care or don't notice, but I'm pretty strict with keeping things original.
Yes, you can get custom windows in the style of the original, but you will pay a fortune, and they won't have the original wavy glass, unless you pay an even larger fortune for authentic wavy window glass. Even then, it won't look exactly the same. Nothing is perfect in an old house, and anything that is perfect will stick out. You're better off dealing with the higher heating and cooling bill IMO. And, once again, storm windows in conjunction with restored original windows make a big difference. You might be surprised.
http://www.oldhouseguy.com/windows/
Personally, I think that if someone buys an old home, they should be willing to deal with the drawbacks of an old home. It's never going to be perfect, and it will never be as good as a new home in terms of performance. And it will only be original once.
Plaster itself really doesnt add character to a house unless you plan on leaving cracks or uneveness. Well done plaster and well done sheetrock should look about the same.
It really boils down to the quality of reno done and budget available. If the budget is huge you can buy modern windows that look like old windows. They will far exceede the performance of what they replace.
http://www.oldhouseguy.com/windows/
Personally, I think that if someone buys an old home, they should be willing to deal with the drawbacks of an old home. It's never going to be perfect, and it will never be as good as a new home in terms of performance. And it will only be original once.


Is it cost effective to remove it all without breaking it and then have it all dipped and chemically stripped? No, just get new trim, it's not like we're talking about fast growth southern yellow pine that looks dramatically different. Might as well rip everything out, shim/sister the studs flat, new drywall, new oak trim and restore it to it's original condition. And while the studs are exposed, put in outlets every 8 feet or 2 per wall or whatever. My house came with 1 outlet per room, retrofitting outlets sucks.
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