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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, it is possible to pave over an existing driveway, but whether it's the right choice depends on several factors. If the underlying structure of your current driveway is still strong, concrete or asphalt resurfacing can be a cost-effective way to prolong its life. However, if your driveway has significant issues like potholes, deep cracks, or other inconsistencies, it is best to remove the old driveway and start from scratch. Key factors to consider include the current driveway's condition, the compatibility of the new material, the added thickness and height, and the necessary surface preparation.

While some areas may allow for a slope of up to 20%, this is often the maximum slope for driveways, with a few exceptions of up to 25%. Other regions may have a maximum of 12%, 15%, or 18%, so check with your local building department to ensure you’re laying a driveway that is up to code for your location.

The average cost to repair an asphalt driveway is around $2,459 to $2,500. However, prices can range from $100 for minor DIY crack filling to over $4,000 for more extensive professional work. Costs are often calculated per foot, with minor repairs costing $1 to $3 per linear foot and heavier damage like potholes, sinking, or crumbling costing $2 to $5 per linear foot. Patching smaller potholes can cost around $2 to $3 per square foot. The final price depends on the severity and extent of the damage, driveway design, local contractor rates, and whether sealing is included. For major repairs, it is recommended to hire a professional, and you may get a better deal by bundling repair and sealing services together.