Return on Investment - Do I Really Need to Replace My Parking Lot Down to the Gravel?

June, 06, 2020 By CASSIDY PAVING 3 min read

When you see some potholes or other issues in your parking lot we know you have much to consider. The team at Cassidy Paving is not here to upsell you or talk you into anything you aren’t sure about. We will shoot straight during our inspection regarding if your parking lot can be saved or if a total replacement really is necessary. Here are the top things to consider when total replacement or repair is best for your situation.

Determine Your Priorities

Are you looking to replace just because you think it is the right thing to do? Maybe a total replacement may be better for your curb appeal. There are various reasons why you may need to call in a contractor. It doesn’t always mean tearing everything down to the gravel. Once you understand what the reasons are for your project, the better off you will be to determine the route to take. Any certified contractor can walk you through the steps of the repair. If you are noticing standing water or drainage issues, those should be the top priority to remedy before anything else. Cassidy Paving can help you determine what should be the top priority for your project and in what order they should be completed.

Cost Comparison

If your budget is the deciding factor of whether or not to replace, we understand. Budget is a big deal and we want to be mindful of that. According to Home Advisor, the average cost to replace a parking lot ranges between $.90 and $2.50 per square foot. By comparison, repairing a parking lot averages between $980 and $3,400 and pothole fixes are about $2 to $4 per square foot. You will want to crunch the numbers for the amount of work that needs to be done. You definitely do not want to overpay for services you don’t need. The good thing about the Cassidy Paving promise is that our estimates are always free. You don’t have to commit to anything to get the specifics on cost.

READ MORE: Four Factors To Consider When Estimating Asphalt Paving Costs

What Will Return Your Investment?

The goal of any project investment is to ensure the amount you spend is justified. If your parking lot is in severe disrepair, a total replacement could be the best answer. A faulty parking lot can deter customers and others that would otherwise be loyal customers. Improving the exterior of your business could also make you less likely to be liable for accidents that happen on your property. Also, once you replace your pavement you can expect it to last you for at least 25 years with regular maintenance. Cassidy Paving has helped many customers across Massachusetts with expanding and improving their parking lots through full-depth reconstruction, overlay, mill and overlay, and cut and patch.

Let’s Find Your Answer

Working with Cassidy Paving will set you up to make the best decision for your asphalt pavement investment. Give us a call today at 866-978-9788 to get the process started. We have over 108 years of combined experience and give warranties on all new full-depth work. Our team can get the right answer for your parking lot needs.

Filed Under: Asphalt

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Cassidy Asphalt Paving

Based in Haverhill, MA, Cassidy Paving is a commercial paving company serving southern NH and Massachusetts.

Cassidy Paving

Mission Statement: Delivering commercial and industrial paving services with courteous service, clear communication, and consistent results.

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