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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.

Interlocking pavers offer a number of advantages over regular pavers. For instance, they’re more durable, more resistant to shifting, and easier to repair. There are also permeable options that allow for drainage. However, interlocking pavers are more often more expensive than regular pavers and are prone to growing weeds over time.

Your city or county will have guidelines about the minimum and maximum width and length of private roads. The average private road is 12 feet wide, and length, of course, depends on your property. Requirements also depend on the amount of traffic and types of vehicles your road experiences. Check with local ordinances before planning a road on your property.

In most cases, driveway repair is worth the investment. Your driveway is one of the first things people see when they look at your home, so repairing cracks, chips, and potholes can improve your home’s curb appeal and overall value. Repairing your driveway is also almost always more affordable than replacing it entirely—an average of $1,765 compared to the cost of replacing a driveway, which typically costs around $5,000.