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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.

At a depth of two inches, a ton of asphalt covers around 80 to 100 square feet. However, the thicker the asphalt, the less surface area it will cover. That’s why measuring correctly is essential when estimating asphalt needs and costs to ensure you get enough material to cover your entire driveway, patio, or other asphalt surface.

This creates a risk for your driveway to fail after asphalt curing because it doesn't have a lasting bond with the surface. In order to get asphalt to perform as intended, it's necessary to prepare the dirt surface correctly first. The loose soil base under the new driveway must be compacted until it is stable enough to support the weight of the asphalt.

Yes, recycled asphalt driveway costs can be substantially lower than new asphalt. With new asphalt costing between $90 and $190 per ton, this option can cost as much as 10 times more than laying down asphalt millings.