There are good and bad aspects to applying a stucco finish to your Bensalem rental property. Just like any other exterior siding option, there are great reasons to invest in stucco for a rental home. However, there are certain downsides that could make stucco a less desirable option. It is important to understand what it is and how much a stucco finish will cost to figure out whether stucco siding is right for your single-family rentals. This data can help you make the best decision for your rental properties.
Recognized throughout the American Southwest, stucco siding can be used in many 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. Stucco is usually used 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
The strength and longevity of stucco are not just advantages but also guarantees 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 maintain it properly, stucco can last a very long time, so you will not have to spend for its replacement in the near future.
- Stucco delivers outstanding protection against inclement weather.
- The cost of stucco itself is very cheap in comparison with other types of siding, making it an economical option.
Potential Drawbacks
Obviously, there are a couple of drawbacks to consider in addition to the advantages that stucco provides.
- Stucco requires professional installation, which can extensively increase the cost.
- Using stucco can be a time-intensive project, with most professional stucco companies demanding several days to finish the job.
- Stucco can be damaged easily, requiring professional repairs.
A further thing to consider is whether you can afford to depreciate the cost of your stucco finish over a number of years. As said by the IRS, a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but instead depreciated over time. This entails that you can deduct the total cost of the stucco siding, but not in one sitting. Because of this, assessing your cash flows and tax situation is a crucial step in the decision-making process.
Finding a reputable business to complete the work accurately and affordably is the next step if you feel that stucco is still the best option for your properties.
It can be hard to find a reputable service provider without spending a lot of time on research. Real Property Management Prosperity can help. Our Bensalem property managers can offer ideas and advice about exterior siding options and recommend quality stucco professionals keen to provide the highest customer service. To find out more, contact us online or call 267-364-5785.
Originally Published on Nov 29, 2019
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
