Is a new driveway a good investment?

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. A report from Virgin Money suggests that creating a new driveway is one of the best home improvements you can make. They say that a new and attractive entry can add between 5% and 10% to the value of your home. Whether it's increasing home value or curb appeal, let's take a look at why you can't go wrong when you install a concrete driveway.

Give your home a new look and feel with the addition of a beautifully stamped concrete driveway and a durable, custom concrete patio. But placing an impeccable stretch of driveway pavement is like giving your house a red carpet entrance. Turf paver driveways allow grass to grow through the grids and at the same time allow vehicles to be driven or parked on them The labor-intensive process can create a unique look in your driveway, but the extra labor continues long after installation initial. Paved driveways also offer the benefits of reduced winter maintenance, improved exterior appeal and a clean car.

Resin driveways are manufactured by combining resin, which is usually a polyurethane resin, with gravel or aggregate. It depends on a number of factors, including whether there was a driveway before, if there was parking on the road nearby, the type of driveway and the type of house. For example, if the driveway of your home is in poor condition and everyone else is in good condition, your home will have a lower perceived value to buyers. Popular paved driveway types include concrete pavement slabs and stone slabs, such as Yorkshire stone pavement or Indian stone pavement.

So, if homes in your neighborhood have concrete driveways, investing in expensive brick pavers may not be in your best interest financially. If most homes don't have driveways and yours does, this gives your home an advantage over others in the neighborhood. However, gravel driveways, sometimes referred to as aggregate inlets, are also suitable for common homes. It is essential to pave a driveway or walkway that is in poor condition, because this is what brings people to your house: you want it to be cozy.

Another trick is to remove the top layer of fresh concrete to expose the thick rocks underneath, giving the entrance an added finish.