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If you notice minor cosmetic problems with your driveway, you should seal it. Look out for cracks and holes on the surface, faded asphalt or concrete, and stains from oil and other chemicals. Replacing your driveway may be necessary if you’re dealing with significant problems—¼-inch cracks, large potholes, and puddles from drainage issues. The cost to install an asphalt driveway typically ranges between $4,200 and $9,000, significantly more than resealing. Consider talking to a professional to discuss whether resurfacing your driveway—a midway project between resealing and replacing—is a better option for you.

Gravel is the cheapest way to extend a driveway. Gravel is an affordable, practical option that’s easy to install and perfect for DIY projects, helping you save on labor costs. It can be quickly spread and leveled to create extra driveway space without heavy preparation. While gravel doesn’t offer the same durability or finished look as concrete or asphalt, its low cost makes it ideal for budget-conscious homeowners who want a functional solution without overspending.

If your driveway is cracked, you can repave it with a process called asphalt overlay. Overlay is more cost-effective than a full replacement but is better suited for minor cracks and issues. If you have major cracks or other problems like water pooling, asphalt overlay isn’t your best bet. Plus, paving over a cracked driveway only extends the lifetime by about 10 years, whereas replacing it would start the clock over completely to give you up to 30 years.

Compared to a 10x20 concrete driveway costing between $800 and $3,000, a resin bound driveway of the same size costing $3,900 to $4,000 is the more expensive option. However, the cost still makes resin a cheaper option compared to a 10x20 paver driveway costing an average of $12,000.