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Whether you should resurface or replace your asphalt driveway heavily depends on its condition. If the foundation is solid and the damage is minor, resurfacing is your best bet because it’s more affordable and faster than replacing the driveway. But if your driveway has foundational problems and/or severe damage, like large, deep cracks and potholes, then it makes more sense to replace it. 

Yes, hardscaping is generally a great investment that can increase your home's value. Hardscape features improve your yard's functionality, safety, and aesthetics, which boosts curb appeal and overall property value. According to a survey by the National Association of Realtors and the National Association of Landscape Professionals, hardscape upgrades are one of the top four outdoor projects that add value to a property for resale, along with landscape upgrades, landscape management, and lawn care services. While most buyers see value in these features, some may be concerned about potential increases in property taxes or the cost to alter them later. However, the return on investment is typically excellent. For best results, hardscaping should be combined with professional landscaping, and it's wise to hire a reliable contractor for installation.

If your driveway is cracked, you can repave it with a process called asphalt overlay. Overlay is more cost-effective than a full replacement but is better suited for minor cracks and issues. If you have major cracks or other problems like water pooling, asphalt overlay isn’t your best bet. Plus, paving over a cracked driveway only extends the lifetime by about 10 years, whereas replacing it would start the clock over completely to give you up to 30 years.

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.