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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 average cost of 1,500 square feet of asphalt ranges from about $10,500 to $22,500, depending on location, thickness, base material, and how accessible the job site is to crews and equipment. Keep in mind that your asphalt material cost may vary depending on its type, ranging from porous asphalt to heated blacktop. Standard asphalt costs $7 to $13 per square foot.

Yes, pea gravel is good for driveways as long as your driveway isn’t built on a hill or any type of slope where it can slide. It’ll settle on a flat surface and create a suitable driveway over time, though some spreading initially will take place. If you're wondering how to make a gravel driveway in a high-rainfall area, using pea gravel could help you to cut down on costs needed for extra drainage solutions.

An example of permeable paving is a set of cinder blocks or natural stone pavers with room inside for natural materials, such as gravel, sand, or grass. You can also design these pavers with brick or plastic tiles.

In addition to these pavers, permeable pavement can be obtained by using a highly porous material, such as pervious concrete or pervious asphalt.