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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.

In most cases, driveway repair is worth the investment. Your driveway is one of the first things people see when they look at your home, so repairing cracks, chips, and potholes can improve your home’s curb appeal and overall value. Repairing your driveway is also almost always more affordable than replacing it entirely—an average of $1,765 compared to the cost of replacing a driveway, which typically costs around $5,000.

Yes, hardscaping is generally a great investment that can increase your home's value. Hardscape features improve your yard's functionality, safety, and aesthetics, which boosts curb appeal and overall property value. According to a survey by the National Association of Realtors and the National Association of Landscape Professionals, hardscape upgrades are one of the top four outdoor projects that add value to a property for resale, along with landscape upgrades, landscape management, and lawn care services. While most buyers see value in these features, some may be concerned about potential increases in property taxes or the cost to alter them later. However, the return on investment is typically excellent. For best results, hardscaping should be combined with professional landscaping, and it's wise to hire a reliable contractor for installation.

Whether you should resurface or replace your asphalt driveway heavily depends on its condition. If the foundation is solid and the damage is minor, resurfacing is your best bet because it’s more affordable and faster than replacing the driveway. But if your driveway has foundational problems and/or severe damage, like large, deep cracks and potholes, then it makes more sense to replace it.