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