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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.

Installing a walkway to your home can add value, as it can make your landscaping look more intentionally designed and boost your overall curb appeal. In addition, walkways can be installed with accessibility in mind, which can be helpful for those with mobility issues or who need a wheelchair.

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.

You’ll first need to install a base underneath your pavers for extra stability and drainage. Otherwise, the pavers can sink into the ground, and you’ll have to reinstall them. Use a base gravel layer of 4 to 6 inches for walkways and 10 to 12 inches for driveways. Compact your gravel layer every 2 to 4 inches so it’s nice and solid. After you install your gravel base, apply a 1-inch layer of sand on top.