When your driveway becomes damaged, it can be difficult to know whether you should attempt to repair it or go ahead with concrete driveway resurfacing or asphalt driveway resurfacing. Even though most driveways are relatively uncomplicated, flat, and rather dull, they can be expensive to maintain. Knowing the best option when your driveway is damaged can help to save you a lot of money in the long run.
Many homeowners will avoid replacing their entire driveways and simply address the cracks and damaged areas that may arise. However, while this can save money in the short term, it can leader to bigger problems later down the line. Knowing your driveway replacement cost an help you decide what option to choose.
Cost of Resurfacing
The cost of concrete driveway resurfacing or asphalt driveway resurfacing will vary based on the type of material used, the age of the driveway, and a number of other factors. However, you should expect to pay around $2.25 per square foot for a basic driveway. The cost increases exponentially when dealing with patterns or colors, up to $4 to $8 per square foot.
The benefit of concrete driveway resurfacing or asphalt driveway resurfacing is that it gives the look and feel of a brand-new driveway at a fraction of the cost. It’s also reliable; unless the foundation of the driveway has serious problems, the cracks you’re covering up won’t be an issue for a long time to come. However, if the foundation of the driveway has been damaged, the cracks will reappear in a relatively short amount of time.
Cost to Replace a Driveway
Resurfacing is usually the cheaper option. However, if the foundation of your driveway has been seriously damaged, you’ll be better off working to replace the entire drive. This cost somewhere between $2 and $5 per square foot on average. This equates to less than $2,000 for a basic residential driveway.
While the cost to replace a driveway may seem steep, it’s a small price to pay; with proper care, a new driveway will remain in great, workable condition for a long time to come.
Choosing the Right Option for You
If you aren’t sure which option is best for your home and driveway, fill out the lead form from one of the recommendations on our Find a Contractor page. They will help you find qualified driveway repair contractors in your area.
Remember that, although it may seem less expensive to repair your driveway as damage appears, it’s often better to cut your losses and pay the driveway replacement cost when the damage becomes too great. Not only does it provide a great aesthetic appeal, but it will result in greater monetary savings.
Would you prefer to save money now and pay more later, or shell out a significant amount at once for the driveway replacement cost and then rest easy knowing your driveway is sturdy for years to come? Ask yourself that simple question before making a decision.