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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.

Pavers are a type of permeable hardscape that can be used for driveways, patios, walkways, and other landscaping features. Unlike poured concrete or asphalt, pavers typically have a layer of gravel underneath to prevent water runoff from damaging your property—though you can also lay pavers on grass. Because pavers are installed piece by piece, you can customize a one-of-a-kind hardscape that best suits your aesthetics, boosting your curb appeal along the way.

Asphalt, which is stone mixed with tar, is the most common material for outdoor basketball courts because it’s so sturdy and versatile. However, you don't have to use it: another option is polymeric rubber, which has shock pads that can prevent injury. This option is a little more expensive, ranging between $16 and $25 per square foot.

Materials used for indoor basketball courts, such as hardwoods, aren’t really an option outdoors.

Cobblestone driveways can take a major hit on anyone's bank account, begging the question of whether it's worth it to build a cobblestone driveway. Some homeowners might prefer more affordable driveway materials like concrete or pavers, which can give a similar appearance to cobblestone without the high price tag.

Paving your driveway costs between $2,500 and $6,600, to put that in perspective. But for others, there’s nothing quite like the timeless look of cobblestone driveways.