There is a house for sale with this. Hot water system but is that it?

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Yes they most likely use the wood and oil at the same time. My grandpa had a setup like that on a 8" clay lined chimney. Oil in the basement, woodstove on the first floor.

You are certainly entitled to your opinions, but it looks like a nice place to me and not a lot to fix up really. Definitely not a tear-down. But that's just based on some photos
I'm getting too old to tackle anymore major renovations. The house I bought a year ago was built in the 70's, and I just changed 3 windows out myself. I was installing some trim today. You would not believe the price of pine trim. I needed some square flat trim. It was very small stuff about 3/8x"1"x 6ft pce $16 can ea before tax. Even if your labor is "free", the materials cost a whac these days.
 
I made all of my own trim when i built my house.
I cut all my own flooring from Fir Bridge timbers from the original bridges on the Alaska Highway.
Everything that wasn't good for wide plank flooring went into a trim pile. After the trim pile it went to the kindling pile if it wasn't good enough for trim
 
I was going to say buying pre milled trim is a quick way to blow your budget on any project
Ya I know. At Home Depot I almost had a heart attack once they added 15% tax. The only reason I went ahead and didn't return them is I dry fitted them and they were perfect for the job. Very uniform and smooth ready for priming. The guy at the window store said to rip my own, as all I would find in the stores would be door stop. I didn't even consider ripping something that small from stock as with my luck it would be shaped like a banana. They must use a band saw to make the stuff I bought. I had some hardwood side trimmings from a local mill which were close, but not good enough.