Is Paved Driveway Worth It?

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Homeowners who want to sell their house will need to consider more than the physical appearance of the home. A potential buyer’s decision can often be affected by the appearance of any ancillary elements. The driveway is one of the most overlooked features of a home. But, you might be wondering how a driveway that is paved and finished can affect the home’s sale value. How do you decide when to invest? Let’s look at factors that could influence your decision.

Driveway Worth It

GRAVEL DRIVEWAYS

You should buy a paved driveway . Although the driveway might be perfect for your needs, it could turn off potential buyers. Gravel can be difficult to maintain, especially in areas where the weather is unpredictable. Gravel can form muddy areas or deep grooves that need constant attention.

WHAT DO YOU FEEL LIKE IN YOUR NEIGHBORHOOD?

Your home’s value is partly determined by its surroundings. It’s important that your home reflects the standard of the neighborhood. If your driveway is in poor condition and the rest of your neighborhood is in good shape, your home will be perceived as less valuable to potential buyers. The reverse is also possible. Your home’s value will increase if it is the only one that has a paved driveway.

WHAT VALUE DOES A PAVELED DRIVEWAY BRING TO ME?

Paving a driveway usually returns less than the cost of its installation. In most cases, you will get a lot more. It all depends on how the driveway looks. The home’s value can be affected by the materials used and its width. If you are considering repaving your driveway, consider making it wider. This will allow for two cars to be parked side-by-side.

I HAVE A NICE ROADWAY BUT…

It could do with some TLC. A simple resurfacing can increase the value of your house. A resurfacing of asphalt can increase the value of your home for a fraction of the cost. Sealing cracks can be a good idea before you put your home up for sale. This will help to keep grass and weeds out of your home, which can make it look bad.

WHAT PAVING MATERIAL SHOULD YOU USE?

Asphalt is our preferred choice in most cases. Asphalt is cheaper than concrete by around 50% and it’s more durable, especially in unpredicted weather conditions. Concrete cracks easily in winter. Asphalt is more flexible, making it less likely that it will crack. Asphalt driveways are a great investment. They can last for 20-25 years, if they are properly maintained. Paved driveways are one last thing to note. Paved driveways can increase the value of your house, but they can also make your home more attractive and help you sell it faster. Who wouldn’t want that?

Questions? Need help?

This post was written by Tanner Brown. Tanner is the Owner and operator of Greenbar Excavation. Greenbar Excavation is a fully licensed, insured, and accredited Excavation company based in Prineville, Oregon. Greenbar Excavation is one of the top companies for Septic pumping in Redmond Oregon. Don’t look further, go with the company with your best interest in mind!

 

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