I'm buying the house that I grew up in from my parents. As such, my fiancee and I are wanting to fix it up so that we can use it to sell and put a large downpayment on the home of our dreams. We know this will take us some time, but we're willing to do it anyways.

However, our house was built around 1960, and still has 2 prong outlets in every outlet (which are under the windows.) I believe that it's the original wiring, and I was wondering if there was a way for me to find out if I need to have it replaced, or if the wiring is still good. I don't want my house to burn down to the ground or anything, so if I need to rewire it, I will.
And, does anyone have any idea as to just how much it will cost to get a 2 br, 1 bath house rewired?