How much does it cost to get your driveway paved?
To pave the surface of an average 10- by 24-foot one-car driveway, that’s as little as $480 worth. For a 20- by 24-foot two-car driveway, expect to pay $836 for materials. On average, the cost of a gravel driveway runs $1200—$1700 installed.
Does a paved driveway add value?
Paving a new driveway can add significant value to your property. You can definitely get a great return on your investment. At the very least your property value increase will cover the cost of the driveway. Depending on the home, a new driveway can add around $5,000 to $7,000 in value.
What is the life expectancy of an asphalt driveway?
The life expectancy varies based on climate, traffic, and maintenance. It is possible to have asphalt pavement last 25-30 years, but this depends on how strong the base is, the soil types underneath, how well those soils drain, how think the original road, parking lot, or drivewaywas paved.
How much does it cost to build an asphalt driveway?
The national average for installing an asphalt driveway costs about $3 to $5 per square foot . For a standard 10-foot by 20-foot driveway, big enough for a single car, that means you’ll spend between $600 and $1,000 . Jul 23 2019
How much to asphalt a driveway?
Asphalt is the default choice for many homeowners. The typical installation includes 2.5 to 3 inches of asphalt on top of about 6 inches of stone. It is possible to add stone or timber edging to the finished drive. Asphalt driveways: $2 to $4.50 per square foot.
What is the cheapest material for a driveway?
Gravel is typically the least expensive driveway option. Macadam is usually the first step between a gravel and an asphalt driveway, and is generally a moderately inexpensive material.
How much does it cost to install a new driveway?
The cost to install a driveway ranges anywhere from $2,285 and $6,158 . This puts the average cost of driveway installation at $4,221 . This data is based on actual project costs. If you’re thinking about installing a driveway, it’s important to consider a couple of different things.