I need some pretty quick advice regarding rendered blueboard.

I looked at a house on the weekend to buy and noticed it is rendered blueboard, the entire house. (double storey townhouse style). The agent has confirmed this is what it is, no bricks underneath.

Given this house is in the high $700K's, I wanted to know if this is a cheap and nasty way of building. If it's not brick underneath, what are the insulation properties going to be like?? Hard/expensive to heat?

I'm trying to figure out if this is worth it. I don't want to be maintaining it constantly and having it look crap in a few years time.

Does blueboard sag/get damaged by elements easily??


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