There are pros and cons to consider when adding a stucco finish to your Piedmont rental property. Just like any other exterior siding option, there are solid reasons to invest in stucco for a rental home, but certain downsides may make stucco a less attractive choice. To figure out whether stucco siding is right for your single-family rentals, it is essential to first learn what it is and how much a stucco finish will cost. This information can help you make the best decision for your rental properties.
Well-known in the American Southwest, stucco siding is an adaptable option that can be utilized in various climates and areas. 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. Typically, stucco is applied at least three coats, with the top or finish coat including any color or special finishing techniques.
Pros of Stucco Siding for Your Rental
The strength and durability of stucco provide a solid foundation for 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 regular upkeep, stucco can last a very long time, so you will not need to budget for its replacement anytime soon.
- Stucco provides excellent protection against inclement weather.
- The cost of stucco itself is quite reasonable compared to other types of siding, making it an economical option.
Potential Drawbacks
Unquestionably, there are some drawbacks to consider, alongside the advantages that stucco provides.
- Stucco requires professional installation, which can greatly increase the cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies requiring several days to finish the job.
- Stucco can be damaged easily, requiring professional repairs.
One thing to think about is whether you can afford to depreciate the cost of your stucco finish over a period of time. As stated 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. You have the option to deduct the total cost of the stucco siding, but it cannot be done all at once. This makes carefully assessing your cash flows and tax situation an essential element of your decision-making process.
Suppose you find that stucco is still the best option for your properties. In that case, the subsequent step involves locating an experienced company that can execute the job with precision and at an affordable rate.
It can be challenging to find a reputable service provider without devoting much time to research. Real Property Management Pacific is here to aid you. Our Piedmont property managers can offer proposals and advice about exterior siding options and endorse quality stucco professionals keen to deliver the highest customer service. If you want to find out more, contact us online or call 510-900-4544.
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