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Concrete driveways add the most value to your home because they last longer and have a better aesthetic appeal. However, depending on your climate, asphalt may be preferable as it handles freezing temperatures and high heat better than concrete.

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.

The most common alternatives to a gravel driveway are concrete, asphalt, brick, and permeable pavers. Concrete and asphalt are the two more affordable alternatives, while the intricate design options of brick and permeable pavers make installation significantly more expensive. Similar to gravel, concrete isn’t the best driveway material for cold weather, as frigid temperatures can cause it to crack. Alternatively, asphalt is sensitive to heat, and driveways can become soft in areas with high temperatures and sun exposure. While brick and permeable pavers give homeowners curb appeal, the latter offers the added functionality of preventing flooding and reducing runoff water.

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.