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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.

Compared to options like concrete, asphalt, and pavers, resin driveways are far more flexible. As a result, they are more durable against chipping and cracking. Their bonded surface allows them to withstand extreme cold and heat without succumbing to the warping or cracking caused by freeze-thaw cycles. In addition, resin driveways are easy to clean and maintain.

The best ways to increase the lifespan of your driveway are to carry out proper maintenance and get repairs done quickly. First, reseal your driveway every one to three years to protect it from the elements. If you start to notice significant cracks, hire a professional to diagnose the problem before it gets more serious. You can also use sand instead of salt when de-icing your driveway (since salt is corrosive) and clean your driveway annually using a pressure washer to keep it in tip-top shape.

Installing a walkway to your home can add value, as it can make your landscaping look more intentionally designed and boost your overall curb appeal. In addition, walkways can be installed with accessibility in mind, which can be helpful for those with mobility issues or who need a wheelchair.