Applying a stucco finish to your Scottsdale rental property has perks and drawbacks. Just like any other exterior siding options, there are sufficient 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 important that you know what it means and how much a stucco finish will cost. This information can help you make the best decision for your rental properties.
Stucco siding is widely chosen in various regions across the globe, not limited to the American Southwest. One reason for this is that stucco is a cement-based plaster placed over a galvanized wire mesh called a lathe, which helps the plaster adhere to the wall surface and makes it more durable. The application process for stucco usually involves three coats, with the last coat being where any desired color or special finishing techniques are added.
Pros of Stucco Siding for Your Rental
Stucco’s strength and sturdiness are not just perks; they are 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.
- With appropriate servicing, stucco can last a very long time, saving you from the hassle and expense of replacing it anytime soon.
- Stucco delivers great protection against inclement weather.
- The cost of stucco is quite inexpensive in comparison with other types of siding, making it an economical option.
Potential Drawbacks
Unquestionably, there are some drawbacks to consider, as well as the advantages that stucco provides.
- Stucco requires professional installation, which can drastically 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 and may necessitate professional repairs.
Another aspect to consider is whether you can afford to depreciate the cost of your stucco finish over several years. As said by the IRS, a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expensebut rather depreciated over time. So you can deduct the total cost of the stucco siding, but not all at the same time. This makes prudently assessing your cash flows and tax situation an important component of your decision-making process.
Seeking an experienced, reasonably priced stucco contractor is the next move if you believe that stucco is still the best option for your properties.
Finding a reputable service provider could be difficult if you don’t dedicate ample time to extensive research. Real Property Management Exclusive can provide assistance. If you need assistance with exterior siding options or a quality stucco professional who pledges themselves to delivering outstanding service, our Scottsdale property managers are available to help you. To get more details, contact us online or call 480-716-7899.
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