Another benefit to asphalt driveway paving is its affordability. We're counting down the top 10 best ways to add value to your home, if and when you do decide to sell. First picking the area, then price range, and number of bedrooms and house size. Open houses and viewing are one of the many ways prospective buyers get to your house. Whether you’ve just moved into a fixer upper, need more space for the family or are trying to haul yourself a rung or two up the property ladder, you’ll probably be asking the same question. Our house has a dirt driveway. Does paving a driveway increase home value? Asphalt Is Best. And because a wide driveway can fit at least two vehicles on it, it will have more value than a narrower driveway intended for one small car. Like; Asphalt paving is affordable, long-lasting, and can be done quickly to draw additional interest from potential buyers. You don't want to have the most expensive house on the block. Adding Curb Appeal. The value of the property will also depend on the needs of potential homebuyers. Kevin Bowen. Many people ask Does Paving a Driveway Add Value to a House? Another option for making a driveway more appealing is by starting off wider at the street and gradually narrowing the driveway as it gets closer to the house and garage. The majority of buyers will not even consider buying a house that does not have a driveway. 1. When putting your home up for sale, or trying to do the most you can to get the market value up, you should take into consideration having asphalt paving done to your driveway. An attractive looking driveway can fetch great prices if you intend to sell the house in future. A New Driveway Will Reduce Quote Deductions 2. Flipping this slightly, would I be willing to pay more for house a with a drive or house b without a drive (or parking space) the answer is a resounding yes. Would it pay to put in something more permanent? The key to adding value is to focus on the things that are important to buyers, and to not over-improve. “[Pavers are] more of a nice-to-have than a must-have to get maximum value,” says Anthony Navarro, a real estate agent in San Francisco who performs in the top 1% of realtors internationally.. For example, San Francisco is a competitive market, so buyers are more willing to … Q. 4 years ago. A. It sure does. Ask jannicone--she wouldn't even use your gravel driveway! While a straight 12x50 driveway from the road to the garage is fine, curves and angles offer a more interesting approach. Ask a realtor! For example, you can opt for decorative concrete for your new driveway. Also, the versatility of paving materials allows you to pursue different designs to increase curb appeal. Source: (Shane McKnight/ Unsplash) So, do pavers add value or not? Elaborate paving. So if the houses in your neighborhood have concrete driveways, investing in expensive brick pavers may not be in your best interest financially. By investing in driveway paving and new walkways at the front of your house, you can increase your property’s appeal. It increases the curb appeal, therefore adding worth. Concrete may be a more typical choice for driveways, but asphalt can often add more visual interest to a property. Residential Driveway Paving Cost may depend on your location and requirements. ... Louisiana swamps or Oklahoma farm, not only will a paved drive (concrete or even well-done asphalt) add value, it will help you resale your house a lot faster. Time to bite the bullet. A majority of home buyers start their search online. Paving your driveway definitely increases the value of your residential property. Furthermore, if your home is on the market and the driveway is sub-standard, it can give potential buyers a good reason to submit low offers. 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