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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.

The recommended minimum amount for a paver base is 4 inches. From there, it depends on the kind of traffic the pavers will see and the current soil conditions. Two inches of paver base won’t create the amount of stability and support that pavers need to remain securely in place over time.

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.

An example of permeable paving is a set of cinder blocks or natural stone pavers with room inside for natural materials, such as gravel, sand, or grass. You can also design these pavers with brick or plastic tiles.

In addition to these pavers, permeable pavement can be obtained by using a highly porous material, such as pervious concrete or pervious asphalt.