Paving a new driveway can add significant value to your property. You can definitely get a great return on your investment. At the very least your property value increase will cover the cost of the driveway. The amount of added value can fluctuate.

Is paving a driveway a good investment?

Asphalt driveways can last you 20-25 years if properly installed and maintained – a great investment. ... While they increase the value of your home, a nice paved driveway can also help sell your home FASTER.

How much value does a driveway add?

You may be surprised to learn that a driveway does add value to your home. On estimate a driveway can increase your property's value by 5-10%.