In 2014, the number of single-family and multifamily housing construction starts was estimated to be about 1 million, Since the cost between building a new house and buying a resale home can exceed $70,000, it can be quite distressing when your new home starts to show construction defects early on into your move. Seemingly simple defects such as stucco defects can have long term implications for your home and lead to extra spending and inconvenience.
So if you are considering building or buying a new house, here are some considerations to look for in stucco installations and their possible effects on your home.
The benefits not inherited
Stucco that has been properly applied is known to give benefits such as aesthetic appeal, protection of the building material underneath, heat efficiency in the home as well as durability up to a lifetime. However, when stucco is thinly applied or mixed incorrectly, the result can be buckling, bubbling or cracking, which can then allow water to get into the material beneath. If the underlying material is wood, you could end up with a house that starts to rot from the inside out. Concrete or other building materials could see the development of mold under the remaining stucco.
The problems generated
Repairing stucco defects depends on the severity of the stucco problems as well as the severity of the resultant effects. However, other factors such as the size of the damaged area and the complexity of the architectural design can also affect the price of the repair. Whether or not you choose to do the repairs yourself, you need to be prepared to spend a bit of money. Repairing stucco can cost anywhere from about $250 to almost $1,000 for the stucco alone, with prices increasing to well over $18,000 for a complete redo of a 2,000 square foot exterior. An alternative is to repair with cheaper varieties of siding such as vinyl, wood or fiber cement.
Conquer and reclaim
It is possible to reclaim much of the expenses from your repairs if you choose to file a lawsuit against your contractor. The success of this, though, is likely to depend on the size of the construction company and their ability to make good on the repairs or repayment. There is a statute of limitations in all states on how long you can take to make a claim and that will vary from state to state. There are one-, two-, four-, five- and ten-year statutes of limitations on defects, so it would be best to consult a lawyer as soon as you begin to notice the problems.
For more information, visit Griffitts Construction Inc.Share
22 July 2015
When it comes to choosing different details for a home construction project, things aren't always simple and convenient. I started renovating my home a few years ago, and it was really discouraging to see how much I needed to do in order to make things right. Before I knew it, I was struggling with construction decisions, and it was overwhelming. I wanted to do something to make things right, so I started focusing heavily on finding a team of professional contractors. I was able to find an incredible contractor who seemed to understand my aesthetic, and he helped me to transform my house into my dream home. Check out this blog for great information.