Although repaving an asphalt driveway can be a great investment, improving the way the property looks and its value. The total cost depends on various factors.
Average Cost of Asphalt Driveway Repaving:
| Driveway Size | Cost Per Square Foot | Total Cost |
|---|---|---|
| 500 sq ft | $3 – $5 | $1,500 – $2,500 |
| 1,000 sq ft | $2.50 – $4 | $2,500 – $4,000 |
| 1,500 sq ft | $2 – $3.50 | $3,000 – $5,250 |
Factors Influencing Cost:
| Factor | Impact on Cost |
|---|---|
| Asphalt Mix Quality | Higher for premium mixes |
| Driveway Condition | Higher for extensive repairs |
| Contractor Experience | Higher for reputable companies |
| Location | Higher in urban areas |
| Permitting Requirements | Additional costs in some areas |
Cost-Saving Strategies:
| Strategy | Potential Savings |
|---|---|
| Negotiate with Contractors | 10% – 20% |
| Use Standard Asphalt Mix | 20% – 30% |
| Repair vs. Complete Repave | 30% – 50% |
| Off-Season Scheduling | 10% – 15% |
| DIY Preparation Work | 20% – 30% |
Tips on Saving Money or Increasing Value
Understand the Factors That Influence the cost to repaving asphalt driveway
The cost of repaving an asphalt driveway can vary considerably depending on several factors. By understanding these factors, you can make informed decisions and potentially negotiate better deals with contractors.
Driveway Size
The larger the driveway area, the higher the cost. Accurate measurement of the length, width, and any irregular shapes is crucial for precise cost estimation.
Existing Driveway Condition
The state of the current driveway impacts the preparation work required. Severely cracked or uneven surfaces may need additional repairs, increasing labor and material costs.
Asphalt Mix Quality
Premium asphalt mixes tend to be more expensive but can offer better durability and longevity. Standard mixes, while more cost-effective, may need more frequent maintenance or replacement.
Labor Costs
Experienced and reputable paving contractors typically charge higher rates for their expertise and quality workmanship. However, this investment can ensure a long-lasting and professional result.
Location
Regional factors like material availability, transportation costs, and labor rates can significantly influence the overall price.
Get Multiple Quotes and Negotiate
One of the most effective ways to save money on your asphalt driveway repaving project is to obtain multiple quotes from reputable contractors. By comparing prices and services, you can leverage competitive pricing and negotiate better deals.
Request Detailed Quotes
Ensure that each contractor provides a detailed quote that breaks down the costs for materials, labor, and any additional services or fees. This transparency will allow you to compare and make an informed decision.
Negotiate Strategically
Don’t be afraid to negotiate with contractors. Many are willing to offer discounts or adjust their pricing to secure the job, especially during slower periods or if you’re willing to provide materials yourself.
Consider Bundling Services
If you need additional work done, such as landscaping or concrete repairs, consider bundling these services with the asphalt repaving. Contractors may offer package deals or discounts for larger projects.
Choose the Right Asphalt Mix
The type of asphalt mix you choose can significantly impact the cost of your driveway repaving project. While premium mixes may be more expensive upfront, they can provide better durability and longevity, potentially saving you money in the long run.
Standard Asphalt Mix
Standard asphalt mixes are more cost-effective but may require more frequent maintenance or replacement compared to premium options.
Premium Asphalt Mix
Premium mixes, often containing higher-quality aggregates and binders, offer superior performance and resistance to cracking, rutting, and other forms of deterioration. While more expensive initially, they can extend the lifespan of your driveway and reduce long-term costs.
Consider Your Needs
Evaluate your specific needs and budget. If you plan on staying in your home for an extended period, investing in a premium mix may be more cost-effective in the long run. For shorter-term solutions or tighter budgets, a standard mix can suffice.
Properly Prepare the Base
One of the most overlooked yet crucial aspects of asphalt driveway repaving is proper base preparation. A well-graded and compacted base can significantly extend the lifespan of your new driveway and prevent premature cracking or settling.
Grading and Compaction
Ensuring that the base is properly graded and compacted is essential for a stable and long-lasting driveway. Hiring a professional contractor or renting the necessary equipment can be a worthwhile investment.
Drainage Considerations
Proper drainage is crucial to prevent water accumulation and potential damage to the asphalt surface. Address any drainage issues during the base preparation stage to avoid costly repairs down the line.
DIY or Professional Preparation
Depending on your skill level and access to equipment, you may opt to prepare the base yourself or hire a professional. While DIY preparation can save money, it’s essential to ensure the work is done correctly to avoid compromising the integrity of the driveway.
Schedule the Project During Off-Peak Seasons
The demand for asphalt repaving services often fluctuates throughout the year, with peak seasons typically occurring during the warmer months. By scheduling your project during off-peak seasons, you may be able to take advantage of lower rates and potential discounts from contractors.
Spring and Fall
Many contractors offer discounted rates or promotions during the shoulder seasons of spring and fall, when demand is lower. This can be an ideal time to secure competitive pricing while still enjoying favorable weather conditions.
Winter Months
While not always practical in colder climates, scheduling your asphalt repaving project during the winter months can yield significant cost savings. Contractors may be more willing to negotiate to keep their crews working during slow periods.
Plan Ahead
Regardless of the season, it’s essential to plan ahead and book your project well in advance. This will not only ensure availability but also provide you with more flexibility in negotiating rates and scheduling.
Extend the Lifespan with Proper Maintenance
Investing in proper maintenance for your newly repaved asphalt driveway can significantly extend its lifespan and save you money in the long run by delaying the need for costly replacements.
Sealcoating
Sealcoating your driveway every two to three years can protect the asphalt from UV rays, water damage, and chemical spills, extending its lifespan and maintaining its appearance.
Crack Repair
Promptly repairing any cracks or fissures in the asphalt can prevent further deterioration and more extensive (and expensive) repairs down the line.
Drainage Maintenance
Ensuring proper drainage around your driveway, such as clearing gutters and downspouts, can prevent water accumulation and potential damage to the asphalt surface.
Explore Repair Options Before Repaving
In some cases, a complete repaving of your asphalt driveway may not be necessary. Exploring repair options can save you a significant amount of money, especially if the existing driveway is in relatively good condition with only minor damage.