The Way They Used To Build

Well, O.K. I agree, there are a few fine old buildings out there with great woodwork, over sized framing members and great bathroom tile installed on a concrete base. But, when it comes to electrical, plumbing or heating systems, foundations, seismic stability, drywall (vs. lath and plaster), windows (which actually open and close), insulation, etc... I think you get my point. With very few exceptions, most modern construction materials, codes and practices are superior to "the way they used to do it."

Besides, I think we judge "the way they..." on the buildings still standing. And the best examples of those have new electrical, plumbing, etc. which cost a great deal more to install than a similar system in a new construction.

See: Is It Worth Remodeling