Putting a stucco finish on your Peachtree Corners rental property has both costs and benefits. As with any exterior siding options, there are several reasons to invest in stucco for a rental home. Nevertheless, there are certain downsides that might make it less interesting. To figure out whether stucco siding is right for your single-family rentals, you need to first learn what it is and how much a stucco finish will cost. You can use this information to make the best decision for your rental properties.
Stucco siding is famous in the American Southwest, but it can be utilized in a lot of different seasons and locations. 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 more sturdy. Stucco is normally applied in at least three coats, with any color or special finishing techniques, which also termed the final coat.
Pros of Stucco Siding for Your Rental
The lasting characteristics of stucco are not just benefits; they are also assurances 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 properly take care of it, stucco can last a very long time, so you won’t have to spend and replace it any time soon.
- Stucco presents excellent protection against inclement weather.
- The cost of stucco itself is reasonable when compared to other types of siding, making it an economical option.
Potential Drawbacks
Naturally, there are some drawbacks to consider, along with the advantages that stucco provides.
- Stucco requires professional installation, which can greatly 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 calls for professional repairs.
You should also consider whether you can afford to depreciate the cost of your stucco finish in due course. The IRS reveals 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 signifies that you can deduct the total cost of the stucco siding, but not immediately. Due to this, thoroughly assessing your cash flows and tax situation is an imperative part of making sound decisions.
If you think that stucco is still the best option for your properties, the next step is locating an experienced company that will carry out the job right and charge a fair price.
It can be stressful to find a reputable service provider without spending a lot of time on research. Real Property Management Greenway may be useful. Our Peachtree Corners property managers can provide you with suggestions and directions about exterior siding options and can also references for quality stucco professionals who look forward to providing you with the finest possible service. To learn more, contact us online or call 770-771-6102.
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