What to do with stucco finish that is chipping off cabin foundation?

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I have a log cabin in the mountains where it receives a lot of snow in the winter. When I bought it, the previous owner had put stucco over the cement foundation. The stucco is chipping off and I am not sure what to do. I can't afford the $20,000 - $30,000 it would cost to change to cultured stone. Would sure appreciate any ideas.

what to do with stucco finish that is chipping off cabin foundation
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