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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.

Asphalt, which is stone mixed with tar, is the most common material for outdoor basketball courts because it’s so sturdy and versatile. However, you don't have to use it: another option is polymeric rubber, which has shock pads that can prevent injury. This option is a little more expensive, ranging between $16 and $25 per square foot.

Materials used for indoor basketball courts, such as hardwoods, aren’t really an option outdoors.

The choice between asphalt and concrete depends on your priorities, budget, and climate.

Concrete is generally more durable, lasting up to 50 years with minimal upkeep, and offers more customization options like staining and stamping, which can add more to a home's value. However, it is more expensive upfront and can be prone to cracking in cold climates where water can freeze and expand.

Asphalt is typically cheaper and quicker to install and is easier to repair. It performs better in colder climates. However, it requires more maintenance, including regular resealing, has a shorter lifespan, and can get hot and sticky in intense sunlight.

Ultimately, if durability and long-term value are key, concrete is often the better choice. If upfront cost and performance in cold weather are more important, asphalt may be preferable.

Whether it's worth it to install a heated driveway depends on how often you'll use it, your lifestyle, and your budget. If you live in a mild climate with little snowfall, then installing a built-in heated driveway system may not be worth it. If you live in a region that experiences mild snowfall, then a portable mat could work better. However, if you live in a region with heavy snowfall, it makes sense to invest in a built-in heated driveway.