How Much Paving Companies Charge for an Asphalt Driveway

When installing a new driveway, homeowners often find themselves weighing the benefits and costs of different materials. Among the popular choices, asphalt stands out for its cost-effectiveness, durability, and aesthetic appeal. Properly installed asphalt driveways not only boost your home's resale value but also enhance its curb appeal, providing a sleek and attractive parking space. Compared to concrete, asphalt is a more affordable option, making it a favored choice for many. Additionally, with regular maintenance, an asphalt driveway can last for many years, proving to be a wise investment. In this blog, we'll delve into how much paving companies typically charge for an asphalt driveway, helping you understand the factors influencing the cost and how you can get the best value for your investment.

How Much Does an Asphalt Driveway Cost?

Asphalt driveways are popular in temperate and continental climates due to their durability and ability to withstand harsh weather conditions. Not only is asphalt more affordable than concrete, but it also requires less maintenance than gravel. Offering a smooth and safe surface for driving or walking, asphalt driveways are a practical choice with minimal upkeep. The average cost of paving a driveway with asphalt is $4,740, typically ranging from $4,200 to $9,000. Given the specialised equipment and heavy labour involved, this job is best left to professionals.

Estimating Cost Per Square Foot

The cost of asphalt paving is largely influenced by its square footage. While material and installation expenses contribute to the cost per square foot, the overall size of the driveway determines the total project cost. Additional expenses may arise from significant landscape alterations, such as excavation, grading, and drainage systems.

To estimate the total cost of paving a driveway, start by measuring the site’s square footage—multiply its length by its width. Next, research the average cost of the chosen material. Multiply this average cost by the total square footage to obtain an estimated cost.

For instance, the average two-car driveway is around 600 square feet. If installing a concrete driveway at $8 per square foot, the cost would be at least $4,800. Additional factors such as design enhancements, excavation, and site conditions can increase the total cost.

What Factors Affect the Asphalt Driveway Cost?

When it comes to calculating the asphalt driveway cost, there are a few key things to consider:

Size and Shape

The size and shape of your driveway significantly impact asphalt paving costs, which range from $2.50 to $10.00 per square foot. Larger driveways require more materials, and uniquely shaped driveways demand additional work compared to straightforward parking spaces. The thickness of the asphalt layer is another crucial factor; homeowners can choose between 2 inches (5 cm) and 4 inches (10 cm) of asphalt. A thicker layer requires more materials, which increases the overall cost.

Cost of Materials

Asphalt is composed of sand, gravel, stone, crude oil, and other sediments. Material costs typically range from $100 to $200 per ton, with one ton covering between 40 to 80 square feet. An average driveway requires 7.5 to 15 tons of asphalt. The cost of asphalt paving charged by paving companies per square foot is influenced by manufacturing expenses, particularly the price of petroleum. When petroleum prices rise, asphalt production becomes more expensive, driving up costs for consumers.

New vs. Recyclable Asphalt

Asphalt is 100% recyclable, which conserves resources and reduces the carbon footprint. Many companies use recycled asphalt for the base layer, which is up to 80% cheaper than new asphalt, reducing the paving costs per square foot. On average, recycled asphalt costs between $10.00 and $20.00 per square foot, offering considerable savings for homeowners.

Labor Costs

Contractors generally charge between $12.00 and $17.00 per square foot to install an asphalt driveway. However, additional factors can increase labor costs. For example, if excavation is required, it can add up to $5,100 to the project cost, depending on the driveway size. Other factors like adding drainage lines, difficult-to-access locations, regional price variations, and required permits can also increase labor costs. Researching and choosing a reputable asphalt company is essential. At Black Tar, we have years of experience installing asphalt on commercial and residential driveways.

Repair or Replace

An asphalt paving can last up to 30 years with proper maintenance. Many issues, such as cracks and small holes, can be easily repaired, extending the driveway's lifespan and lowering the cost per square foot. Consulting an expert about repair options before opting for a full replacement can save you thousands of dollars.

An asphalt driveway enhances the aesthetic appeal of your home and is easy to install and maintain, making it a preferred choice for residential and commercial properties. On average, asphalt paving costs 50% more than concrete driveways, making it a cost-effective option for homeowners.

Tips on Saving Money on a New Asphalt Driveway

Installing a new driveway doesn't have to break the bank. There are several ways to reduce costs, especially if you handle some tasks yourself, like spreading gravel or laying interlocking pavers. Here are some additional tips for cutting costs:

Managing the land preparation and excavation on your own.

 Consulting with at least three contractors to compare prices and contracts.

Applying finishes and sealants yourself.

 Extending your timeline to avoid high-demand periods.

Choosing budget-friendly materials such as gravel or grass.

Avoiding installation over large tree roots.

Keeping your driveway as narrow as possible for your daily car load.

DIY Driveway Construction vs. Hiring a Professional

Taking on a driveway construction project yourself can be appealing, especially for tasks like spreading gravel and aggregate or installing simple pavers or grass grids. These homeowner-friendly options can often be managed without professional help, potentially saving money on labor costs.

However, it's important to consider that many driveway projects involve excavation work. This process is not only labor-intensive but also requires specialized equipment to ensure proper drainage and a stable foundation. Improper excavation can lead to long-term issues, such as water pooling and uneven surfaces.

For more complex projects, such as laying concrete, asphalt, or intricate pavers, hiring a professional is advisable. Experienced paving companies near me have the expertise and equipment necessary to handle these materials, ensuring a durable and properly finished driveway. Consulting a local professional can save you from potential headaches and additional paving costs down the line, providing peace of mind that the job is done right.

Questions to Ask When Hiring Paving Companies

Asking the right questions when hiring an asphalt paving professional can help minimize miscommunication, save money, and ensure you get the desired results. Here are some important questions to consider when getting bids for an asphalt driveway replacement:

 How long have you been in business?

Is your company licensed and insured?

Do you carry workers’ compensation insurance?

Does your company have any unresolved complaints with the Better Business Bureau?

Can you provide references and photos of past work?

How do you handle unexpected delays?

Does the project require a permit, and if so, will you obtain it?

Are there additional costs not included in the bid?

How many workers will be completing the project? Are they employees or subcontractors?

How will the sub-base be prepared?

What materials will you use?

How will you protect my surrounding areas?

How will you handle cleanup after the project is finished?

Do you offer any warranties or guarantees on your work?

Take Away

Asphalt driveways offer a balance of affordability, durability, and aesthetics. By understanding the factors that influence asphalt driveway cost, you can make an informed decision for your asphalt paving project. Remember, a well-maintained asphalt driveway can last for decades. It not only enhances the aesthetics but also adds value to your property.

Ready to pave the way for a beautiful and functional driveway?  Black Tar is your one-stop shop for all your asphalt paving needs. Our experienced team uses high-quality materials and delivers exceptional service at competitive prices. Contact Black Tar today for a free consultation and quote. We'll help you create a driveway that looks great and lasts for years to come.