As a homeowner who is thinking about putting their property up for sale, you want to do everything you can to increase its value. Apart from many of the other things you can do to achieve this, did you know that asphalt paving can significantly increase your property’s value? Although it is a small property improvement, the impact of having asphalt paving is huge.
It Increases Curb Appeal
One of the best ways to ensure your property stands out is to have asphalt paving. If the other homes in your area (some of which might be on sale) are paved and yours is not, that might put a dent on your home’s appeal. While you may consider concrete paving for the same reasons, it is a lot more expensive than asphalt and it is not as unique as asphalt paving.
Also, a gravel or dirt driveway opens up a door for potential buyers to bargain for a lower price for your property. If you have something that makes your home stand out and increase its appeal at the same time, you will have an upper hand in negotiations.
Asphalt Is the Better Option
You can expect potential buyers to factor in how much it will take to maintain a driveway when thinking about putting forward a purchase proposal. Having asphalt paving affords you many advantages over concrete paving in this regard.
Asphalt is a lot more flexible than concrete. This means that it is affected a lot less by environmental factors than concrete is. As it gets hotter or colder, the asphalt will expand and contract accordingly. Concrete, on the other hand, would crack under these conditions. Additionally, asphalt can support much heavier vehicles, thereby lasting a lot longer if you or the new owner drives a truck or other heavy vehicle.
Lastly, snow and ice melt faster on asphalt paving than they do on concrete paving. This gives the homeowner a huge advantage in that they do not have to clear as much snow and ice off the driveway before they have to drive off to work.
Asphalt is Easy to Repair
If you have asphalt paving, it is relatively easy to have it repaired before a sale. In many cases, asphalt restoration takes a few hours and you can drive on the asphalt paving in as few as 24 hours after the repairs are done. If you want to have concrete paving repaired, it is not as easy as doing minor repairs. You might have to undertake major renovations to make the paving appealing again. Then you would have to give the concrete a few days to fully cure before driving on it and that might delay getting your house on the market.
Dressing Up an Asphalt Driveway
If you want to draw more attention to your well-maintained concrete paving, you can dress it. This can include lining the sides with bricks whose colors match that of your house’s exterior or even planting shrubs, flowers, and bushes along the paving. Small changes like these are another way to boost your home’s value.
There are lots of ways to improve your property’s value, but a lot of homeowners often forget the paving and driveway. In addition to increasing curb appeal, the low cost of maintenance, and the ability to dress an asphalt paving ensure that, if done well, it can significantly increase your property’s value.