Adding a stucco finish to your Kimberly rental property gives you both benefits and drawbacks. Just like all exterior siding options, there are great reasons to invest in stucco for a rental home, but there may be a few reasons that make stucco a less tempting preference. For you to realize whether stucco siding is advantageous for your single-family rentals, it is pivotal to first determine the basics of what stucco is coupled with how much a stucco finish will cost. The statistics can then help you have the best determination for your rental assets.
Popular throughout the American Southwest, stucco siding can be used in many different climates and areas. This is because stucco is a cement-based plaster that is applied over a galvanized wire mesh called lathe, which makes the plaster adhere to the wall surface and adds strength. Stucco is usually applied in at least three coats, with the top or finish coat including any color or special finishing techniques.
While the strength and durability of stucco are one of the biggest benefits, there are many other attributes why stucco may be the right thing for you:
- Stucco is tinted, not painted, which means that it can withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With maintenance, stucco can last a very long time, which means the budget for its replacement will not be necessary anytime soon.
- Stucco produces excellent shield versus inclement weather.
- The cost of stucco itself is relatively low when equated to other types of siding, making it an economical option.
Besides the benefits that stucco has to offer, there are a few disadvantages too.
- Stucco requires professional installation which can essentially increase the cost.
- Applying stucco can be an inefficient activity, with the majority of professional stucco companies requiring several days to finalize the venture.
- Stucco can be damaged easily, requiring specialised repair.
Another dispute is whether you can manage to depreciate the expense of your stucco finish over a period of years. According to the IRS, a large improvement like adding stucco to your rental property’s exterior but fairly depreciated over time. This means that you will be able to deduct the full cost of the stucco siding, but not all at once. This crafts a careful assessment of your cash flows and tax situation an invaluable part of your decision-making process.
If you resolve that stucco is still the choice for your properties, the next route is to distinguish an excellent stucco company that will implement the assignment flawlessly and at an upright cost. It can be grueling to distinguish a credible service provider without wasting a substantial amount of time on researching, time that may be more effectually exhausted on your investing engagements.
The marvelous news is that Real Property Management Magic Valley can assist. Our Kimberly property managers can propose plans and recommendations about exterior siding options, as well as recommend quality stucco professionals wholehearted to giving the greatest customer service. To learn more, contact us today.
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