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How the Age of Your Rental’s Exterior Affects Its Value

A spacious home with a vibrant green garage door, highlighting its charming exterior.As for rental home ownership nationwide, knowing and following up on the state of each home’s exterior elements is just as pertinent as awaiting when to replace the carpet or repaint the walls.

Whether you’re renting out an older property or a newly built home, grasping well the age of each item and how long it can sanely be expected to last is a essental part of successful rental property management.

Importance of Maintaining Your Property’s Exterior

A good landlord or property manager assimilates the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the span of time it should last, adhering to standard conditions. Such as for instance: a quality cement patio could certainly last upwards of 50 years, considering the tremendously durable nature of cement. In comparison, wooden decks only last about ten years, given their sensitivity to the natural elements.

As an immediate guide, we’ve listed a number of common exterior items and their average lifespan:

  • Garage Door: 15 years
  • Automatic Garage Door Opener: 5-10 years
  • Wood Fence: 10 years
  • Stucco Exterior: 20-50+ years
  • Vinyl Siding: 25 years

It’s key to perceive how long an element is expected to last in your property and, more importantly if your tenant is the reason for the damage beyond normal wear and tear. As an illustration, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. On the other hand, if the vinyl siding is less than 25 years old, the renter would aptly be at fault and be asked to pay some or all the repair costs.

Stay Ahead of Property Damage

Rather than spend time and money on a worthless judicial process, the better option to do is to be ahead of property damage. With helpful and the correct information, and a proactive system for property management, it’s conceivable to manage and keep every single component of the rental home – both in and out– in a fair form. Consistently replacing items beyond their applicable and useful lives is one way to avoid bearing the full cost of repairs by cause of tenant negligence. Another is completing regular property evaluations to tend to various areas of the rental home.

Real Property Management Now confers a full property management program that consists of preparing for the coming years with maintenance plans, property evaluations, and considerably more. We have the necessary equipment and experience to take care of your Fruita real estate investments and develop them to be exceedignly profitable for the awaited future. Contact us online or at 970-314-7123 today!

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