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If you have an older electrical system with fraying wires and other signs of damage, removal  may be the best course of action. When asbestos begins to break down, it's more likely to become airborne, increasing the risk of health issues when it's inhaled.

However, if the system is in good condition and doesn't have visible signs of wear or damage, leaving it alone may be the safest course of action. An asbestos abatement and removal professional can help you determine the best way to proceed.

The signs of asbestos exposure are often subtle and may not appear for many years, or even decades, after initial contact. This long latency period is one of the primary dangers associated with asbestos.

When symptoms do manifest, they can include:

• Shortness of breath

• A persistent, dry cough

• Chest pain or tightness

• Fatigue

• Wheezing

• Weight loss

• Difficulty swallowing

• A dry, crackling sound from the lungs when breathing

These symptoms are non-specific and can be mistaken for other respiratory conditions, making diagnosis challenging. Prolonged exposure can lead to serious diseases as the asbestos fibers cause scarring and inflammation in the lungs. These conditions include asbestosis, lung cancer, and mesothelioma.

Due to the vague nature of early symptoms, regular medical check-ups are crucial for anyone with a known history of asbestos exposure, particularly in an occupational setting. If you suspect asbestos is present in your home, a professional inspection is recommended.

Depending on the size of your home, the inspection process could take a few hours or a few days. While inspecting your home, the asbestos specialist will take small sections of the potentially contaminated material. They will then send the sample to an accredited laboratory or the local health department for testing. 

The cost of asbestos testing depends on your location, the home's size, and the testing area's complexity. Plan to spend between $230 and $800 for testing. During testing and while handling potential asbestos, the specialist may wear protective gear, including gloves, overalls, appropriate footwear, and respiratory equipment.

Whether or not to buy a home containing asbestos is ultimately a decision for the homebuyer, and there are several things to consider. When in good condition and contained, asbestos is unlikely to present a health risk—it’s when those tiny fibers are loose and airborne that they become a problem. Consider any renovations you plan on doing to the home that could disturb existing asbestos and the cost of removal. If an inspection finds asbestos in a home on the market, you could negotiate with the seller for a lower price, though this isn’t a sure thing.