@elias-butterfly,
For power efficiency, the NEC standard of 5% maximum voltage drop is recommended.
From a safety perspective, because wiring connections in some homes deteriorate with time (particularly in homes that use aluminum wiring for power circuits), and do-it-yourself modifications may be less than professional, excess voltage drop is a concern because of the potential fire hazard at high resistance connections, particularly on circuits that power electric motors while occupants of the dwelling are asleep, e.g. air conditioners, refrigerators, furnace fans, exhaust fans, etc.
Some agencies arbitrarily set a maximum voltage drop criteria of 10% to be considered unacceptable and a hazard. The author believes that any voltage drop difference of >1% from an adjacent receptacle should be investigated, that any voltage drop difference of >2% from an adjacent receptacle should be considered a hazard, and that using a maximum voltage drop criteria of more than 8% (3% above the “efficiency” recommendation) is courting disaster. A 3% voltage drop (3.6 volts in a 120 volt circuit) at one connection with a 15 ampere flow develops 54 watts of heat - which can cause ignition under certain conditions.