Get matched with top asphalt driveway pros in Rocky Point, NC

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.

Asphalt is not a type of concrete. While both are a common type of pavement, asphalt is composed of aggregates (like sand and gravel) and bitumen; concrete is a mixture of cement, aggregates, and water. Here are some of the key differences between asphalt and concrete driveways.

The average cost to repair an asphalt driveway is around $2,459 to $2,500. However, prices can range from $100 for minor DIY crack filling to over $4,000 for more extensive professional work. Costs are often calculated per foot, with minor repairs costing $1 to $3 per linear foot and heavier damage like potholes, sinking, or crumbling costing $2 to $5 per linear foot. Patching smaller potholes can cost around $2 to $3 per square foot. The final price depends on the severity and extent of the damage, driveway design, local contractor rates, and whether sealing is included. For major repairs, it is recommended to hire a professional, and you may get a better deal by bundling repair and sealing services together.

When hiring an asphalt paving contractor to install your driveway, ask as many questions up front as possible. Here are a few questions to ask a prospective driveway contractor:

• How many years of experience do you have?

• Are you licensed, bonded, and insured?

• Do you have worker’s compensation?

• Do you use subcontractors on your projects?

• Do you clean up after the job is done?

• Who is responsible for any damage to lawn or landscaping?

• Do you provide a guarantee or warranty on your work?

• Do you give free estimates?

• What is the timeline for completion?

• How do you handle change orders?

• Can you provide at least three references?

• Can I see some of the work you’ve done?