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The EPA broadly defines hazardous waste as any waste that could pose a danger to humans or the environment. More specifically, it includes any material that could combust or explode under normal temperatures and pressure, as well as materials that are toxic or corrosive. Some common household hazardous waste products include aerosol cans, paint cans, old tires, medical supplies, unused medications, fire extinguishers, cleaning solutions, and lawn care products.

It can be safe to live in a house with asbestos as long as the asbestos-containing materials are in good condition and not disturbed. Asbestos is only dangerous when it becomes airborne, which happens if the material is damaged, crumbling, or disturbed during renovation work. If you suspect asbestos is present, it's important not to disturb it and to have it professionally inspected.

If you are trying to sell a home with asbestos siding, most jurisdictions force you to disclose this in official documentation about the home. Some potential buyers may not want to purchase a home with asbestos siding, which could negatively affect their health if the siding becomes disturbed. However, as long as the siding is in good condition, some buyers may not see it as a disadvantage. You could take on the cost to replace asbestos siding if you have concerns over this material affecting your home’s resale value.

While there are some sealants designed to be spray-painted over asbestos to encapsulate it, you still want to make sure it’s a specifically designed product for this purpose—not just run-of-the-mill spray paint. Furthermore, be sure you aren’t inadvertently spraying the asbestos fibers around when you take on this project, and as always, be sure to wear the proper protective gear, including a P-100-rated respirator and a disposable body suit, so as not to inadvertently breathe in or spread asbestos fibers.