We've been living in our 82-year old house for about two months, and are slowly getting through our checklist of initial projects. The home inspectors suggested that a portion of the soil line in the basement (original cast iron plumbing) should be replaced, due to it having developed "blisters" (pinhole leaks that have rusted over). One of the plumbers thought that the thing to do would be to leave it alone until it starts to visibly fail, and then replace the entire pipe (up to the second floor), and assured me that it would not be a catastrophic failure--there would only be a slow leak, since it is not a pressuized pipe. Also said that there should be many more years of life in the current pipe. We're trying to prioritize projects, is this one safe to put off? Or are we asking for it...
The answer depends on your $$$$ and your risk tolerance. Yes these are usually slow leaks and it will be costly and messy to replace it. My general rule is to replace them as they fail unless you are doing any updates/remodeling. I only want to tear out a wall once. Before I finish off a room in my old house I am sure that the walls have new wire and new pipe inside them.
Your plumber is correct. No pressure. It will just start to drip one day. If you are planning to work on the rest of the plumbing in the future wait until then. If it did start to leak use a bucket or some epoxy to plug the hole temporary.
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