Adding a stucco finish to your Bannock County rental property provides both benefits and drawbacks. Same with all exterior siding options, there are better motivations to invest in stucco for a rental home, but there may be a few obstacles that make stucco a less attractive recourse. To resolve whether stucco siding is the best fit for your single-family rentals, it is imperative to first discover the basics of what stucco is plus how much a stucco finish will cost. These findings can then teach you to make the best choice for your rental properties.
Popular throughout the American Southwest, stucco siding is adaptable in certain 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.
Although the strength and durability of stucco are one of the biggest benefits, there are various other arguments why stucco might be the right choice 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 proper upkeep, stucco can last a very long time, which means that you will not require to budget for its replacement almost immediately.
- Stucco supplies brilliant cover against inclement weather.
- The cost of stucco itself is relatively low when correlated to other types of siding, making it an economical option.
Typically, along with the benefits that stucco has to provide, there are a few disadvantages too.
- Stucco requires professional installation which can expressively increase the cost.
- Applying stucco can be a time-demanding agenda, with nearly all professional stucco companies requiring several days to conclude the task.
- Stucco can be damaged easily, demanding equitable mending.
Further discussion is whether you can wait for the expense of your stucco finish to be depreciated over the stretch of several years. According to the IRS, a large improvement such as adding stucco to your rental property’s exterior cannot be deducted as an expense but reasonably 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 makes a careful assessment of your cash flows and tax situation a big part of your decision-making process.
If you elect that stucco is still the greatest option for your properties, the next step should be to identify an awesome stucco company that will accomplish the job suitably and at a reasonable cost. It can be excruciating to find a respected service provider without expending a lot of time researching, time that may be more beneficially used on your investing enterprises.
The great news is that Real Property Management Pocatello can help. Our Bannock County property managers can offer recommendations and suggestions about exterior siding options, as well as recommend quality stucco professionals dedicated to offering the best customer service. To learn more, contact us today.
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