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Yes, repaving a driveway increases a home’s value, but the extent to which it increases depends on the materials, design, and overall market conditions in your area. Additionally, if your existing driveway is already in good condition, then repaving it won’t yield as much of a value increase as it would if your existing driveway is in poor condition.

Driveway paving costs around $4,500 on average, but depending on many factors, you could pay anywhere from $2,500 to $6,600 or more. The size of your driveway will usually be the most significant factor, with more square footage increasing your costs. You can expect to pay between $2 and $15 per square foot for paving services. Some other factors that play a role include the following:

• Quality of the materials

• Contractor’s experience and expertise

• Site preparation and grading, if necessary

• Layout of your driveway

The most common alternatives to a gravel driveway are concrete, asphalt, brick, and permeable pavers. Concrete and asphalt are the two more affordable alternatives, while the intricate design options of brick and permeable pavers make installation significantly more expensive. Similar to gravel, concrete isn’t the best driveway material for cold weather, as frigid temperatures can cause it to crack. Alternatively, asphalt is sensitive to heat, and driveways can become soft in areas with high temperatures and sun exposure. While brick and permeable pavers give homeowners curb appeal, the latter offers the added functionality of preventing flooding and reducing runoff water.

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.