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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.

Many asphalt companies have experience with tar and chip paving, but not all. The process is unique enough—and not incredibly common enough—that you may have to look around for a tar and chip specialist. However, speaking with a driveway company is a great place to start, especially if they have experience with multiple materials.

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.

Yes, you can put thin pavers over a concrete driveway. However, it's always best to talk to a driveway installer before starting. You'll need to ensure that the concrete below is in good enough shape to hold the pavers and that the driveway will still meet local building codes.