So if the houses in your neighborhood have concrete driveways, investing in expensive brick pavers may not be in your best interest financially. An attractive looking driveway can fetch great prices if you intend to sell the house in future. 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. Many people ask Does Paving a Driveway Add Value to a House? The value of the property will also depend on the needs of potential homebuyers. A. 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. Straight is out. We're counting down the top 10 best ways to add value to your home, if and when you do decide to sell. Ask jannicone--she wouldn't even use your gravel driveway! 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. Asphalt paving is affordable, long-lasting, and can be done quickly to draw additional interest from potential buyers. ... 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. Also, the versatility of paving materials allows you to pursue different designs to increase curb appeal. Q. It sure does. 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. A majority of home buyers start their search online. Open houses and viewing are one of the many ways prospective buyers get to your house. Elaborate paving. Source: (Shane McKnight/ Unsplash) So, do pavers add value or not? There are a couple ways to look at it. Residential Driveway Paving Cost may depend on your location and requirements. 1. “[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 … First picking the area, then price range, and number of bedrooms and house size. Homeowners are injecting more character into their driveways. Does paving a driveway increase home value? The key to adding value is to focus on the things that are important to buyers, and to not over-improve. You don't want to have the most expensive house on the block. Asphalt Is Best. Paving your driveway definitely increases the value of your residential property. Adding Curb Appeal. 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. Asphalt driveways are the preferable option for most people. While a straight 12x50 driveway from the road to the garage is fine, curves and angles offer a more interesting approach. 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. Another benefit to asphalt driveway paving is its affordability. By investing in driveway paving and new walkways at the front of your house, you can increase your property’s appeal. Time to bite the bullet. Like; Would it pay to put in something more permanent? Kevin Bowen. 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. 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