In terms of rental home ownership nationwide, considering and keeping yourself informed of the state of each home’s exterior elements is just as salient as thinking about when to replace the carpet or repaint the walls.
Whether you’re renting out an older property or a newly built home, finding out the age of each item and how long it can satisfactorily be expected to last is a relevant part of successful rental property management.
Importance of Maintaining Your Property’s Exterior
A good landlord or property manager considers the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the length of time it should last, in keeping with standard conditions. As an example: a quality cement patio can actually hold up upwards of 50 years, due, in fact, to the supremely durable nature of cement. But, in comparison, wooden decks only last about ten years, given their sensitivity to the natural elements.
For instant reference, we’ve listed some few 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 weighty to take into account how long an element is expected to last in your property, primarily, if your tenant triggers damage beyond normal wear and tear. Such as, for instance, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. But, on the other hand, if the vinyl siding is less than 25 years old, the renter would possibly to be held responsible and expected to pay some or all the repair costs.
Stay Ahead of Property Damage
Rather than spend time and money on a needless judicial process, the best option to fulfill is to be ahead of property damage. With proper information and a proactive system for property management, it’s surely possible to manage and keep every single component of the rental home – both in and out– in fair shape. Attentively replacing items, at scheduled times, beyond their functional lives is one way to avoid bearing the full cost of repairs on grounds of tenant negligence. Another is bringing about regular property evaluations to mindfully monitor various areas of the rental home.
Real Property Management Dade imparts a full property management program that involves preparing for the years to come with maintenance plans, property evaluations, and a whole lot more. We have the best equipment and professional expertise to manage your Homestead real estate investments profitably and proficiently for the forthcoming future. Contact us online or at 305-501-1511 today!
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