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When comparing installation costs, asphalt is often less expensive upfront than concrete. Asphalt prices typically range from $7 to $15 per square foot, while concrete can range from $3 to $18 per square foot. However, long-term costs should also be considered. Concrete driveways generally last longer (up to twice as long) and require less maintenance, which can make them more affordable over their lifespan. While asphalt has a lower installation cost and is easier to repair, it requires more frequent maintenance, such as sealing, which can add up over time. Therefore, while concrete is more expensive initially, its durability may offset the cost in the long run.

Think of the street as a way to capture all the elements on either side of the road, including the road—a street encompasses the homes or other buildings, the trees, and the road of a given area as defined by the beginning and end of the street on a map. A roadway, however, is the component of the street where cars travel.

Asphalt and tarmac are not the same thing. Traditional tarmac, short for tarmacadam, uses tar as a binder to hold crushed stone together. Asphalt uses bitumen—a byproduct of crude oil—to bind aggregate. Though tarmac was once a go-to for roads, asphalt has become the modern standard. And these days, most surfaces referred to as “tarmac” are actually asphalt. So, while the names may overlap, the key distinction lies in the binder—tar for tarmac and bitumen for asphalt.

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.