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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.

A 500-square-foot driveway can cost anywhere from $5,000 to $35,000, depending on the type of pavers you choose. Grass and concrete pavers are more affordable, while stone and cobblestone pavers are on the higher end of that price range. You’ll save some money by DIYing the installation, though we highly recommend sticking with a professional for this type of driveway installation.

The driveway apron is a technical term referring to where a private driveway meets the public street. If there is a sidewalk in front of the house, the driveway apron is typically on the opposite side of the public sidewalk from the driveway itself.

To adhere pavers to concrete, you can use either mortar or a concrete-specific adhesive. For border pavers, a polyurethane-based adhesive is a good choice as it expands and contracts with temperature changes, keeping them firmly in place. For the non-border pavers, polymeric sand is used between the joints to prevent shifting. In most cases, it is also recommended to lay a permeable sand layer below the pavers to ensure proper stability and drainage. Before starting, always take the proper preparatory steps for a professional result.