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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.

Yes, you should lightly wet the sand with a hose before laying the pavers on top. This activates the bonding agents in the sand, ensuring that your pavers don’t shift around during the installation process. However, you should make sure that the sand is not soaked; overwatering can cause the sand and pavers to not set properly.

The most common causes of sunken pavers are poor base preparation and insufficient compaction. The problem could also be how your pavers were installed. If the soil beneath your patio or walkway wasn't compacted, it will pull pavers down as it settles. Additionally, using bare soil instead of making a paver bed with compacted gravel and sand can cause sinking over time. To fix sunken pavers, consider recompacting the base and addressing any drainage or erosion issues in the area.

You can expect your asphalt pavement to last anywhere from 20 to 30 years, or 25 years on average. The life expectancy of your asphalt driveway depends on the climate, the amount of traffic, and how well you maintain it. While you can’t necessarily control some of these factors, you can control the amount of maintenance effort you put into your driveway. 

To prevent your asphalt from deteriorating prematurely, you should follow a good maintenance routine involving regular cleaning, reparation work, and resealing.