If you ever wondered whether a blacktop driveway can add value to your home, the answer is most likely yes! While there are obviously many factors that all decide the value of a piece of property, a great driveway usually increases its value and can also substantially increase its curb appeal. That means less time waiting for a buyer, which is a cost-saving measure all of its own.
Let’s look at some of the factors involved.
Crucial Factors in Deciding Whether A Blacktop Driveway Will Improve Your Property Value
- Gravel driveways
First and foremost, if you currently only have a gravel driveway, the answer is an absolute yes. Gravel driveways add nothing to a home’s value and can easily detract from it – particularly if they’re poorly maintained. Even if the driveway is well-kept, it will be a major turnoff for potential buyers. Some might not even want to drive down the driveway at all, for fear of harming their car!
You should definitely upgrade to asphalt if your driveway is currently gravel.
- Neighborhood standards
Do most or all of your neighbors have well-maintained asphalt driveways? If so, it’s going to be a good idea to match them, so that your house does not appear to be noticeably worse from the outside. Of course, if most of the homes around yours are made of lesser materials, like gravel, upgrading to asphalt will give you a distinct advantage.
III. Stamped asphalt
But what if the homes around you have brick or stone driveways? These are a more expensive option, and you won’t necessarily see a return on your investment if you try to upgrade to stonework as well. Fortunately, there’s a trick: stamped asphalt.
Stamped asphalt can have almost any pattern stamped into it, including patterns that closely resemble brick or stone. You can have all the visual appeal of a trendy stone driveway, but at a fraction of the cost – and it’ll be more durable too!
- Upgrading your existing asphalt
Do you already have a blacktop driveway? Then chances are, it just needs a little renovation. An existing driveway can be resurfaced for a very reasonable cost, and that will leave it looking like-new – perfect for attracting buyers.
Upgrade Your Home with Mt Pleasant Blacktopping
Mt. Pleasant has over 60 years’ experience installing and maintaining blacktop driveways. Contact us today to learn more!