When looking into Rosedale rental home ownership, you need to know and track the condition of each of the home’s exterior elements. This is just as important as correctly identifying when to replace the carpet or repaint the walls. It’s the same thing for both newly constructed homes and older properties; knowing the age of each item and how long it can be reasonably expected to last is an important part of successful rental property management.
A good landlord or property manager understands the healthy lifespan of common exterior elements of your rental property in Rosedale. A product’s lifespan is how long it should last when used under standard conditions. As a case in point, consider patios. A quality cement patio lasts upwards of 50 years owing to the very durable nature of cement. Wooden decks, however, only last for a comparatively short ten years since they have proven to be very sensitive to the natural elements.
For reference, we’ve listed a 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
Lifespan, as a concept, becomes extremely important when your tenant causes property damage that surpasses normal wear and tear. As a case in point, if your vinyl siding gets damaged, but it is more than 25 years old, the tenant shouldn’t be held responsible for the cost of repairs. If the vinyl siding is fewer than 25 years old, the tenant would likely be responsible to pay some or all of the cost of repairs.
Instead of spending so much time and money on a useless lawsuit, it would be better to beat property damage instead. With the proper information and a proactive approach to property management, you can keep all elements – both inside and out – of a rental home in great condition. Regular replacement of items beyond their useful lives is one way to avoid bearing the full cost of repairs caused by tenant negligence. Another option is to have regular property evaluations done so that every part of the rental home can be tracked.
Real Property Management Innovation has offerings such as the comprehensive property management program. It includes preparing for the future with maintenance plans, property evaluations, and much more. We have the skills and information to keep your Rosedale real estate investments profitable for several years to come. Would you want more information? Go ahead and contact us online or call us at 516-570-9275.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.