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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.With reference to rental home ownership nationwide, distinguishing and keeping an eye on the state of each home’s exterior elements is just as very important as envisaging 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 amply be expected to last is a salient part of successful rental property management.

Importance of Maintaining Your Property’s Exterior

A good landlord or property manager know really well the healthy lifespan of common exterior elements of your rental property. A product’s lifespan is the amount of time it should last heeding standard conditions. For example: a quality cement patio remains upwards of 50 years, given the enormously durable nature of cement. But, on the other hand, wooden decks only last about ten years, given their sensitivity to the natural elements.

As an easy guide, we’ve listed several 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 basically important to understand how long an element is expected to last in your property, notably if your tenant causes to damage beyond normal wear and tear. To show you an example, if the vinyl siding, which is over 25 years old, gets damaged, the tenant shouldn’t be held responsible for the repair cost. But, in comparison, if the vinyl siding is less than 25 years old, the renter would be liable and under obligation to pay some or all the repair costs.

Stay Ahead of Property Damage

Rather than spend time and money on an unnecessary judicial process, the favorable option to carry out is to be ahead of property damage. With the suitable information and a proactive system for property management, it’s absolutely possible to manage and keep every single component of the rental home – both in and out– in very good shape. Consistently replacing items beyond their applicable and useful lives is one way to avoid bearing the full cost of repairs arising from tenant negligence. Another is implenenting regular property evaluations to look after various areas of the rental home.

Real Property Management Pro Care provides a full property management program that envelops preparing for the years to come with maintenance plans, property evaluations, and a whole lot more. We have the right equipment and abilities to monitor and manage your Quakertown real estate investments gainfully for the foreseeable future. Contact us online or at 215-770-4312 today!

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