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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 material that’s best for your private road depends on your property, the climate in your area, and your personal preferences. Gravel is an affordable option, but some homeowners don’t like how it looks. It can be a pain to remove snow from, and it requires more ongoing maintenance than asphalt or concrete. However, while these other options require less maintenance and make snow removal a breeze, they’re more expensive and will need repairs from time to time. Ultimately, you’ll have to choose the road material that suits you and your property best.

Interlocking pavers offer a number of advantages over regular pavers. For instance, they’re more durable, more resistant to shifting, and easier to repair. There are also permeable options that allow for drainage. However, interlocking pavers are more often more expensive than regular pavers and are prone to growing weeds over time.

When asphalt cures, it typically changes from a very dark black hue to a lighter, more matte gray color. Cured asphalt also won’t be tacky or sticky to the touch or emit any odors from the asphalt mix. Additionally, the surface of fully cured asphalt won’t deform under any pressure.