Does paving your driveway increase the value of your home?

Paving a new driveway can add significant value to your property. You can definitely get a great return on your investment. At a minimum, increasing the value of your property will cover the cost of the driveway. The amount of added value may fluctuate.

A driveway will add value to your home. The quantity depends on factors such as typical houses in the area, market conditions and the type of material you choose. When listing your house for sale, or trying to do everything you can to increase the market value, you should keep in mind that an asphalt paving be made at the entrance of your house. It increases the external appeal, therefore, adds value.

Asphalt paving is affordable, durable and can be done quickly to attract greater interest from potential buyers. While there are no fixed numbers, this suggests that a paver driveway would be a good option to increase the value of your home. Like other changes to the exterior, adding pavers can have a dramatic impact on the exterior appeal of your property, which can improve its value and shorten the time it stays on the market. I hate the black deck (the cement is fine) and I love a well-made and well-maintained gravel road in the country.

Often called chipping and sealing or liquid asphalt and stone, a driveway of tar and chips may look like an asphalt pavement, but it's something else entirely. But placing an impeccable stretch of driveway pavement is like giving your house a red carpet entrance.

The concrete driveways

look great and provide a stable surface for vehicles to circulate smoothly. If most of the driveways around you are already paved, you should schedule asphalt resurfacing now if you plan to put your house on the market.

Your entry may not be the most exciting property improvement of all time, but it certainly serves a critical function and gets a lot of use from day to day. In the Uniform Residential Assessment Report that is used for most appraisals, there is a box where the appraiser will mark if a home has a driveway and specify the type of input material used. If your home is the only one with a paved driveway while the other houses are worse off, your home values skyrocket. A local agent will not only be able to advise you on the driveway, but also on any other repairs or improvements your home may use to prepare for the sale.

One thing that is good about using asphalt to pave your surfaces is that it can fill in cracks, seal chips, or seal the coating to repair minor problems. The labor-intensive process can create a unique look in your driveway, but the extra labor continues long after the initial installation. We get this question about paver entrances frequently and, unfortunately, the answer is “it depends.