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Yes, a paved or repaved driveway can boost your home's value by increasing its curb appeal and the functionality of your outdoor space. A new driveway can add anywhere from $5,000 to $20,000 to a property's value. An old, crumbling driveway can be a red flag for potential buyers and inspectors.

The amount of value added depends on the materials used, the design, and local market conditions. Concrete is often cited as adding the most value due to its long lifespan, though asphalt may be more desirable in colder climates. The return on investment is greatest when replacing a driveway that is in poor condition; repaving a driveway that is already in good shape will not yield as significant an increase in value.

At a depth of two inches, a ton of asphalt covers around 80 to 100 square feet. However, the thicker the asphalt, the less surface area it will cover. That’s why measuring correctly is essential when estimating asphalt needs and costs to ensure you get enough material to cover your entire driveway, patio, or other asphalt surface.

Overall, a paver driveway is considered the easiest to maintain because homeowners are able to do driveway repair one piece at a time without impacting the rest of the driveway. Unlike paved options, paver driveways contain individual stones that aren't physically connected. By comparison, you may need to reseal or redo a full asphalt driveway if just one portion sustains a significant crack.

Yes, you can retrofit an existing driveway, but this usually involves cutting grooves into the driveway, installing the heating elements, then sealing them. While this is much less expensive than typical heated driveway systems, the final appearance could be diminished. Speak with a driveway paving company to confirm which design method is best for you.