Adding a stucco finish to your Ivins rental property has ups and downs. Like all exterior siding options, there are compelling reasons to invest in stucco for a rental home, but certain downsides may make stucco a less engaging choice. To figure out whether stucco siding is right for your single-family rentals, it is vital to first realize what it is and how much a stucco finish will cost. This data can assist you in making the best decision for your rental properties.
Popular across the American Southwest, stucco siding can be utilized in many environments and regions. 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 provides strength. Stucco is typically utilized in at least three coats, with the top or finish coat including any color or special finishing techniques.
Pros of Stucco Siding for Your Rental
Stucco’s strength and sturdiness are not just benefits; they are assertions 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.
- With appropriate upkeep, stucco can last a very long time, so you will not need to budget for its replacement in the short run.
- Stucco gives great protection against inclement weather.
- The cost of stucco itself is relatively low when compared to other types of siding, making it an economical option.
Potential Drawbacks
Obviously, there are some drawbacks to consider, in addition to the advantages that stucco provides.
- Stucco requires professional installation, which can fundamentally increase the cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies demanding several days to finish the job.
- Stucco can be damaged easily, demanding professional repairs.
Another worry is whether you can afford to depreciate the cost of your stucco finish for quite a while. As per the IRS, a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but rather depreciated over time. This implies you can deduct the total cost of the stucco siding but not all of it together. This makes cautiously assessing your cash flows and tax situation a fundamental piece of your decision-making process.
Assuming you conclude that stucco is still the best option for your properties, the following step is to find a quality organization that will finish the work accurately and at a fair cost.
Finding a reputable service provider without investing a great deal of time in research can be difficult. Real Property Management Southern Utah is here to help. Our Ivins property managers can give ideas and advice about exterior siding options and recommend quality stucco professionals devoted to giving the highest customer assistance. To get more details, contact us online or call 435-673-4242.
Originally Published on Nov 29, 2019
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