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How Much is Asphalt Paving? A Quick Guide for Property Managers

It’s tough maintaining a commercial property. You’ve got a lot to balance, between overhead and maintenance costs inside and out. Even the most careful property manager can overlook some costs as a result. One of the biggest is the cost of maintaining your property’s parking lot, as it’s a bigger job than you might think.

So how much is asphalt paving going to impact your maintenance budget? The answer depends on a number of different factors. Here’s what you need to know about the costs associated with asphalt paving and maintenance, what types of services are good investments, and how to find a good asphalt paving partner for your property.

How Much Is Asphalt Paving? It’s All About the Maintenance

An asphalt parking lot can be a major money sink. It can also be almost effortless. The cost depends on a number of factors, but one of the most important is the current state that your lot is in. The truth is that parking lots need regular maintenance to stay in good shape. Even the toughest and strongest paving materials break down over time, especially in regions where you get a full four seasons, so regular maintenance is a must.

If you’ve been getting your lot patched and maintained regularly up until now, congratulations: you’re in good shape. Routine maintenance costs a lot less over time. Does your lot look more than a little rough? Have those smaller cracks widened into major potholes? It’s going to be more expensive to get your lot back into serviceable shape. If your lot is so far gone that it needs a complete repaving or resurfacing, guess what: you’re in for a hefty price tag.

Spending More Money Today Means Less Money Spent Tomorrow

If you’re looking to diminish the cost of asphalt paving in the future, the best way to do so is to invest in preventative maintenance upfront. This means that you shouldn’t necessarily be asking how much is asphalt paving but how much is it going to cost you to take steps to protect the surface of your parking lot in the longer term. Sometimes these steps might cost a few pennies upfront, but the longevity they provide to the condition of your asphalt lot makes them extremely helpful over time.

One of the most cost-effective methods for keeping your lot in good shape over a long period of time is, without a doubt, through the use of protective sealcoating. A well-sealed lot provides asphalt with crucial protection against the elements, preventing moisture from seeping into the pavement and damaging it during a freeze-thaw cycle. Not only that but the UV-resistant coating that sealers apply to your lot keeps the color of your asphalt and parking stripes from fading, making your lot look its best in more ways than one. With a good sealcoat capable of lasting for years, the cost of such a treatment goes a long way in reducing your overall maintenance cost.

The Final Word on Asphalt Paving Costs

Asphalt paving can be expensive, but only if you’re in a situation where your commercial building lot has been neglected for too long. The cost of regular maintenance is much more manageable in comparison. Combining that regular maintenance with the investment of a good sealcoating makes the cost of asphalt paving even more affordable in the long run.