Does a Driveway Add Value To Your House?

Making improvements to your home can of course boost its value, and adding a driveway is one effective way to do this. In fact, adding a driveway is a simple way to potentially raise your property value by 5% to 10%. Here at Prestige Pavers, we specialise in creating beautiful and durable driveways to complement your property. Let’s explore the different types of driveways you can choose from, their benefits and how you can add one to your home.

The Different Types of Driveways

There are various types of driveways you can choose from, each with its benefits and unique characteristics. Here’s an overview of the most popular materials used for driveways:

Concrete Driveways

Concrete driveways are a popular choice because they’re durable and low-maintenance. They can handle heavy loads and any weather, making them great for different climates. Plus, you can customise concrete with different finishes and colours to match your home. At Prestige Pavers, we have different concrete driveway styles that can make your property look better and work better for you.

Asphalt Driveways

Asphalt driveways are known for their smooth surface and being cost-effective. They are quicker to install compared to concrete driveways and provide good traction. However, they need regular maintenance, like sealing, to stay in good shape. Our team can help you add and maintain your asphalt driveway to ensure it remains in top condition.

Gravel Driveways

Gravel driveways are budget-friendly and flexible. They’re easy to install, and you can choose from different types of gravel to get the look you want. While they may need more upkeep to keep the gravel in place, they offer excellent drainage and are great for rural or rustic homes. We offer a range of gravel options to suit your aesthetic preferences and practical needs.

Paver Driveways

Paver driveways are built with individual pieces, sort of like a puzzle, giving you many options in terms of design choices. They are durable and easy to repair by replacing individual pavers. Paver driveways are often chosen for their aesthetic appeal and ability to match various architectural styles.

Benefits of Adding a Driveway

Easy Parking and Home Access

A driveway means you won’t waste time looking for a parking spot. It leads you straight to your home, simplifying everyday activities like bringing in shopping bags or getting kids ready in the car.

Improved Safety

Having a driveway lowers the risk that comes with street parking, like dealing with fast-moving traffic or tight spaces. It also means your car is parked in a safer spot, which could be less appealing to opportunistic thieves. That’s a plus point for insurance companies, which might lead to cheaper insurance costs for you.

Adding Value to Your Home

Experts in the housing market say that a driveway can make a home worth more. People looking to buy a house often prefer a place with easy features like a driveway. This means your house could sell faster and possibly for more money.

Making Your Home Look Better

A driveway isn’t just useful—it also makes your home look nicer. A tidy driveway, along with other nice touches outside, makes your home look well-cared-for and can impress people from the moment they see it.

Cost vs. Value Analysis

Installation Costs

The cost of installing a driveway depends on the material, size, and complexity of the project. Concrete and asphalt driveways tend to be more expensive because of the materials and labour involved, while gravel driveways are generally cheaper. Paver driveways can also be costly but their durability and visual appeal can justify the investment. Prestige Pavers offers competitive pricing and high-quality workmanship to ensure you get the best value for your money.

Maintenance Costs

Different driveways have different maintenance needs. Concrete driveways require minimal upkeep, while asphalt driveways need regular sealing to prevent damage. Gravel driveways may need occasional replenishment, and paver driveways might require resetting of individual pavers. Consider these maintenance costs when choosing your driveway material.

Return on Investment (ROI)

Adding a driveway can offer a substantial return on investment. It not only increases your property’s market value but also improves its appeal and functionality. Homeowners can expect a significant ROI, especially in competitive real estate markets where curb appeal and convenience are highly valued.

Hiring Contractors

A professional contractor can provide expert advice, ensure quality work, and complete the job efficiently. At Prestige Pavers, we’re dedicated to helping you create a beautiful and functional driveway that adds lasting value to your property.