Adding a stucco finish to your Trophy Club rental property will highlight both the benefits and drawbacks. Same as all exterior siding options, there are superb justifications to invest in stucco for a leasing home, but there may be some snags that don’t make stucco a gorgeous selection. To decide whether stucco siding is good for your single-family rentals, it is essential to first identify the basics of what stucco is in addition to how much a stucco finish will cost. These facts can then aid you to make the better option for your rental properties.
Popular throughout the American Southwest, stucco siding can be used in different 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.
While the strength and durability of stucco are one of the biggest benefits, there are several other inspirations why stucco might be fitting 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 thorough maintenance, stucco can last a very long time, which means that you will not be required to budget for its replacement anytime soon.
- Stucco allows terrific shielding against inclement weather.
- The cost of stucco itself is relatively low when matched to other types of siding, making it an economical option.
Unquestionably, besides the benefits that stucco has to offer, there are a few disadvantages too.
- Stucco requires professional installation which can essentially increase the cost.
- Applying stucco can be an inefficient activity, with the majority of professional stucco companies requiring several days to finalize the venture.
- Stucco can be damaged easily, needing professional repairs.
Another argument is whether you can manage to relegate the cost of your stucco finish for numerous years. According to the IRS, a large improvement like adding stucco to your rental property’s exterior but justly 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 an instrumental piece of your decision-making process.
If you decide that stucco is still the leading solution for your properties, the following step is to spot a commendable stucco company that will conclude the handiwork decently and at an honest charge. It can be rigorous to pinpoint an esteemed service provider without expending tons of time on research, time that may be more positively spent on your investing acts.
The great news is that Real Property Management Meridian can help. Our Trophy Club property managers can offer recommendations and suggestions about exterior siding options, as well as recommend quality stucco professionals devoted to preparing great customer service. To learn more, contact us today.
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