Putting a stucco finish to your Rochester Hills rental property has both pros and cons. As with any exterior siding options, there are plenty of reasons to invest in stucco for a rental home. Yet, there are certain downsides that might make it less appealing. To figure out whether stucco siding is right for your single-family rentals, you should first comprehend what it is and how much a stucco finish will cost. You can use this data to make the best decision for your rental properties.
Stucco siding is popular in the American Southwest, but it can be used in a lot of different temperatures and places. 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 makes it stronger. Stucco is generally put on in at least three coats, with any color or special finishing techniques, which also called the finish coat.
Pros of Stucco Siding for Your Rental
The lasting qualities of stucco are not just perks; they are also guarantees of 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.
- If you take good care of it, stucco can last a very long time, so you won’t have to plan to replace it any time soon.
- Stucco provides excellent protection against inclement weather.
- The cost of stucco itself is reasonably when compared to other types of siding, making it an economical option.
Potential Drawbacks
Certainly, there are some drawbacks to consider, along with the advantages that stucco provides.
- Stucco requires professional installation, which can substantially increase the cost.
- Putting up stucco can be a time-intensive project, with most professional stucco companies needing several days to finish the job.
- Stucco can be damaged easily and requires professional repairs.
You should also think about whether you can afford to depreciate the cost of your stucco finish over time. The IRS says that a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but rather depreciated over time. This entails that you can deduct the total cost of the stucco siding, but not right away. Due to this, thoroughly assessing your cash flows and tax situation is a very important part of making decisions.
If you feel that stucco is still the best option for your properties, you need to find a good company that will do the job right and charge a fair price.
It might be hard to find a reputable service provider without putting in a lot of work. Real Property Management Silverstone may be beneficial. Our Rochester Hills property managers can give you ideas and advice about exterior siding options and can also suggest quality stucco professionals who are committed to giving you the best service possible. To find out more, contact us online or call 586-992-6419.
Originally Published on Nov 29, 2019
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