Electrical question

We are buying a condo in a gut renovated building with eight units in total about 1000 – 1200 sq ft. We had an inspection and the inspector said our unit does not have enough electrical feed. The inspector said it has a 3 wire, 220 volt, 70 amp service. The apartment includes all the normal wiring, ac/heating unit, washer/dryer, fridge, dishwasher, lighting, etc. He said this service was not adequate and not up to building code. Instead he suggested 220 volt, 100 amp service was required.

The sponsor says the service is at code. Our lawyer says it would have to be at code in order for the city to sign off on the permits.

Does anyone know from experience whether this is an issue we need to worry about?

As long as we can run our appliances, etc, and it is actually at code, we don’t feel like we need anything extra.

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