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That house is so gorgeous it's insane. I've dreamt of a house like that for years and years! The porch and the turret room, the giant attic, all the wood detail. Sigh. Beautiful.
That said, it definitely has potential to be a beautiful house... if you are able to sink a lot of time and money into it. I'll be rooting for you if you do end up buying it.
Q, I suspect the entire house needs to be rewired :-/ Might be more than you want to get yourself into but I'd welcome you to take a look.