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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.

Your driveway contractor will probably recommend that you avoid driving on your new millings driveway for up to a week. Keeping pressure off the freshy applied millings will help the driveway to bind together. While the sun is helpful for binding millings, hotter weather can actually make the curing process take longer.

Heated driveways cost an average of $12 to $25 per square foot. Depending on the size of your driveway, you may pay between $3,500 to $25,000 in total. Several factors can affect your bottom line, including material, labor, and system types. Investing in a heated driveway can save on snow removal costs because it will automatically melt the snow that falls on your driveway.

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.