Applying a stucco finish to your Augusta rental property has perks and drawbacks. Identical to all exterior siding options, there are compelling reasons to invest in stucco for a rental home, but certain downsides may make stucco a less desirable choice. To figure out whether stucco siding is right for your single-family rentals, it is imperative to first understand what it is and how much a stucco finish will cost. With all this data, you can make the best decision for your rental properties.
Established all over the American Southwest, stucco siding can be utilized in many seasons 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 adds strength. In general, stucco is applied in a minimum of three coatings, with the top or finish coat including any color or special finishing techniques.
Pros of Stucco Siding for Your Rental
Not only are stucco’s durability and strength advantageous, but they 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 adequate servicing, stucco can last a very long time, eliminating the need to allocate funds for its replacement in the near future.
- Stucco furnishes superior protection against inclement weather.
- Since the cost of stucco is relatively inexpensive in comparison with other types of siding, it is an economical option.
Potential Drawbacks
Undeniably, there are some drawbacks to consider, alongside the advantages that stucco provides.
- Stucco requires professional installation, which can result in a substantial increase in 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 issue to consider is whether you can afford to depreciate the cost of your stucco finish over multiple years. As attested by 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 means you can deduct the total cost of the stucco siding, but not in one sitting. This makes carefully assessing your cash flows and tax situation an essential part of your decision-making process.
If you decide that stucco is still the best option for your properties, the next step is to find a quality company that will do the job correctly and at a fair price.
Finding a reputable service provider can be a difficult task, particularly if one is unwilling to invest numerous hours in the investigation. Real Property Management First Choice can aid you. Our Augusta property managers can provide guidance and endorsements about exterior siding options, as well as high-quality stucco professionals who are committed to delivering outstanding client care. For extra details, contact us online or call 479-242-0791.
Originally Published on Nov 29, 2019
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