... 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. Does paving a driveway increase home value? Kevin Bowen. Asphalt may be the most common material, but more homeowners are opting for unusual choices, like cobblestone and concrete. While a straight 12x50 driveway from the road to the garage is fine, curves and angles offer a more interesting approach. 1. We're counting down the top 10 best ways to add value to your home, if and when you do decide to sell. “[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 … Straight is out. Ask jannicone--she wouldn't even use your gravel driveway! The value of the property will also depend on the needs of potential homebuyers. An attractive looking driveway can fetch great prices if you intend to sell the house in future. A. 4 years ago. Also, the versatility of paving materials allows you to pursue different designs to increase curb appeal. 2. Residential Driveway Paving Cost may depend on your location and requirements. Asphalt Is Best. First picking the area, then price range, and number of bedrooms and house size. Concrete may be a more typical choice for driveways, but asphalt can often add more visual interest to a property. 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. Source: (Shane McKnight/ Unsplash) So, do pavers add value or not? A majority of home buyers start their search online. The key to adding value is to focus on the things that are important to buyers, and to not over-improve. Homeowners are injecting more character into their driveways. Asphalt paving is affordable, long-lasting, and can be done quickly to draw additional interest from potential buyers. By investing in driveway paving and new walkways at the front of your house, you can increase your property’s appeal. Ask a realtor! There are a couple ways to look at it. Open houses and viewing are one of the many ways prospective buyers get to your house. Like; You don't want to have the most expensive house on the block. The majority of buyers will not even consider buying a house that does not have a driveway. Elaborate paving. It increases the curb appeal, therefore adding worth. So if the houses in your neighborhood have concrete driveways, investing in expensive brick pavers may not be in your best interest financially. Time to bite the bullet. Asphalt driveways are the preferable option for most people. 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. Paving your driveway definitely increases the value of your residential property. A New Driveway Will Reduce Quote Deductions 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. Would it pay to put in something more permanent? Our house has a dirt driveway. Another benefit to asphalt driveway paving is its affordability. Q. For example, you can opt for decorative concrete for your new driveway. Once the search results populate the first picture is the front of the house. It sure does. Adding Curb Appeal. 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.
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