Paving an asphalt driveway costs $4,737 on average, with a range between $2,932 and $6,568. This project runs $7 to $13 per square foot, including $2 to $6 per square foot for materials and $5 to $7 per square foot for labor. If replacing asphalt, it will cost $8 to $15 per square foot.
How Much Does a New Asphalt Driveway Cost?
A driveway is an important feature of any property because it makes it easier for people to access the property. Asphalt is a popular choice for driveways because it is durable and cost-effective. If you are thinking of replacing your existing driveway with a new asphalt driveway, you may be wondering how much it will cost.
The cost of a new asphalt driveway will depend on a few factors, such as the size of the driveway, the amount of excavation needed, the number of layers of asphalt, and the type of asphalt used. Generally speaking, a new asphalt driveway can cost anywhere from $2 to $5 per square foot. This means that a driveway that is 1,000 square feet in size can cost between $2,000 and $5,000.
The size of the driveway is one of the main factors that will determine the cost. The larger the driveway, the more materials and labor will be required, and thus, the higher the cost will be. You should also consider the amount of excavation that needs to be done. If the existing driveway is in poor condition, then the contractor will have to do more work in order to prepare the area for the new asphalt. This will also add to the overall cost.