Imagine taking a long drive with your friends and family. You spend time listening to music, catching up on what has been going on, and enjoying your ride. After a while, you drop everyone off at their homes. Then, you arrive in your neighborhood and begin pulling into your driveway.
You all start noticing how worn your asphalt looks compared to your friends. Not only does it look bad, but you can feel a difference as your tires roll along the surface. Why is your driveway different than all the others you drove on that day?
Perhaps you live in a different area of your community that experiences harsher weather conditions. Maybe your asphalt driveway is older than everybody else’s. You could also have an asphalt surface that doesn’t perform as well as others. No matter the reason, it could be time for you to resurface, repair, or install a new asphalt driveway.
Installing a new asphalt driveway could be the best decision you could make for your home. Along with increasing drivability and function, new asphalt driveways add massive curb appeal and improve resale value.
Asphalt driveways are also extremely environmentally friendly, safe for all users, and tolerate a range of temperatures and weather conditions. All in all, if you are looking to improve your current driveway, working with an asphalt expert will help you find the type of service you need.
Whether it is a repair, resurface, or an entirely new asphalt driveway installation, Morgan Pavement helps you know all the factors you should consider, including cost estimates. Let’s breakdown the cost and determine how much you can expect to pay on your new asphalt driveway.
Asphalt Driveway Cost Calculator
Prices of asphalt driveways vary by the asphalt mix and manufacturer, so it would be best if you work with a few different companies before settling on a bid. A few of the factors that determine the cost of your asphalt driveway include the location and type of service you need (installation, repair, repaving).
Fortunately, there are a few averages concerning asphalt driveway costs that will help you understand what to expect beforehand. Let’s go into greater depth by singling out the different asphalt driveway services available and the usual prices of each.
Cost of Installing a New Asphalt Driveway
The cost of installing an entirely new asphalt driveway is typically the most expensive. Mostly because it involves more materials and work for the contractor. If you have a new asphalt driveway paved, expect to pay between $3 to $4 per square foot.
However, asphalt is one of the cheaper options compared to concrete or other stone surfaces. For example, compare the price of an asphalt driveway to the average cost of concrete, which is typically around $6 per square foot.
Along with being more inexpensive than other driveways, asphalt also boasts several advantages, including durability and strength. You can also work with professional asphalt contractors that make the installation process quick, easy, and cost-effective.
You will also need to factor in the labor costs when estimating the price of your new asphalt driveway. Usually, this includes working time, construction costs, material, and extent of demolition required. On average, the total cost of an asphalt driveway ranges between $4,500 and $6,100.
If the asphalt contractor is installing an asphalt driveway in your new home, the cost decreases because they won’t need to rip out any old surfaces or haul them away. But if you have a driveway already in place, the final price will include the cost of ripping out the current surface, pulling it away, and doing other work on the area before laying down the new asphalt mixture.
Cost of Repairing an Asphalt Driveway
Sometimes you won’t need to demolish and install your driveway completely. Instead, an asphalt contractor can perform repair services that will restore your current driveway to its prime condition.
Luckily, repairing or repaving an asphalt driveway isn’t as pricey as the new installation option. These projects can cost anywhere between $20 to $6,500 or more. To break it down by square footage, the service costs for asphalt pavement on a repaving project typically cost about $1.75 to $2.25 per square foot.
Many homeowners prefer these options because it could save you thousands of dollars while extending the life of your driveway up to 20 years. So, even if a repair, patch, or repaving service is more expensive than you thought, it could extend the life of your driveway almost as much as an entirely new surface would.
Working with an asphalt contractor at Morgan Pavement, you can find the maintenance or repair service that best suits your driveway’s needs. Our team stands by the mantra, “The right product for the right surface.” One product does not solve every issue, which is why Morgan Pavement offers a wide variety of asphalt maintenance products and services.
Our team will combine the appropriate services into one repair package to achieve the right look and feel for your new driveway. These offerings will also help protect and extend the life of your asphalt surfaces at a cheaper cost than a completely new installation.
A few of the maintenance and repair services Morgan Pavement offers include:
- Crack Seal
- Sealcoat
- Slurry Seal
- Patching
- Liquid Road
- Mastic Seal
Trust Morgan Pavement, Utah’s Top-Rated Asphalt Contractor
Since 1982, Utah homeowners have trusted Morgan Pavement with their asphalt driveway needs. Working with our team of asphalt professionals, you will find the service that provides the best value at a cost-effective price. Plus, we will do our best to keep costs low and make your investment last for years to come.
Learn more about Morgan Pavement’s asphalt driveway pricing by contacting us today.
