How Repaving Your Driveway Increases Property Value

January 04, 2023

How Repaving Your Driveway Increases Property Value

For many of us, our house is the biggest and most significant investment we make in our lifetime. For that reason, it makes sense that you want to take care of your house and keep it looking as good as new. Thankfully, there are many ways to do that, but you could need some help figuring out what to do. One way to increase your property value is to repave your driveway.

Instant Curb Appeal

The clearest way a paved driveway enhances your home is that it looks crisp and clean, making your property considerably more appealing. The first things potential buyers see are your lawn and driveway. If your driveway looks like it’s wearing away, that can instantly put people off to your home. You want potential buyers to feel drawn to your home, which requires a fantastic first impression. They will feel more interested in checking out your home if it has a freshly paved driveway.

Lasting Asset

Did you know that a paved driveway lasts around 20 to 25 years? When potential buyers see a newly paved driveway, your property value instantly increases. Unless they are looking for it in particular, many buyers prefer to purchase a home that isn’t a fixer-upper. Many want to purchase a home that won’t need many renovations. The best part is that asphalt does not degrade with rock salt, so if you live in an area prone to snow, that is yet another benefit of a freshly paved driveway.

Return on Investment

If you’re wondering about the costs of a paved driveway, you’re in for a surprise. That surprise is that you should expect to see a return on your investment in full, at the very least. In fact, a new driveway can add upwards of 10,000 dollars in value to your home.

Are you looking for asphalt maintenance equipment? At NAC Supply, we are your one-stop shop, as we have everything you could need for an easy repair. We are happy to work with you to ensure that you can receive your supplies as quickly as possible. That’s why we offer free shipping for many of our products. Check out our sealcoating and asphalt products today.

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