There are perks and drawbacks to applying for a stucco finish on your Sandusky rental property. Similar to other exterior siding options, there are solid reasons to invest in stucco for a rental home. However, there are certain downsides that can make stucco less attractive preference. To figure out whether stucco siding is right for your single-family rentals, it is crucial to initially familiarize yourself with its characteristics and how much a stucco finish will cost. This information can help you make the best decision for your rental properties.
Stucco siding is well-acknowledged in the American Southwest and can be employed in various seasons and areas. This is because stucco is a cement-based plaster applied over a galvanized wire mesh called a lathe, which helps the plaster adhere to the wall surface and provide extra durability. Typically, stucco is applied in a minimum of three layers, with the last layer, known as the finish coat, incorporating color or special finishing techniques.
Pros of Stucco Siding for Your Rental
The durability and toughness of stucco not only provide benefits but also guarantee a long-lasting investment.
- Stucco is tinted, not painted, so it can withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With appropriate upkeep, stucco can last a very long time, minimizing the necessity for budgeting for its replacement anytime soon.
- Stucco offers exceptional protection against inclement weather.
- The cost of stucco itself is relatively low compared to other types of siding, making it an economical option.
Potential Drawbacks
Naturally, there are certain drawbacks to consider, alongside the advantages that stucco provides.
- Stucco requires professional installation, leading to a notable increase in cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies requiring several days to finish the job.
- Stucco can be damaged easily, requiring professional repairs.
Another consideration is whether you can afford to depreciate the cost of your stucco finish over a span of many years. As per the IRS, a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expensebut rather depreciated over time. This suggest that you can deduct the total cost of the stucco siding, but not in a single instance. Thoroughly assessing your cash flows and tax situation is crucial for making informed decisions.
If you agree that stucco is still the best option for your properties, the next task is to choose a reputable business that can complete the job with precision and at a reasonable cost.
Finding a reputable service provider can prove to be a daunting task, often requiring a significant investment of time in research. Real Property Management Clarity Team can aid you. Our Sandusky property managers can provide advice and assistance about exterior siding options. They can also recommend quality stucco professionals who are passionate about delivering superior client service. To acquire additional data, contact us online or call 567-200-2320.
Originally Published on Nov 29, 2019
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