Tips to Budget for Asphalt Parking Lot Repaving

Asphalt parking lots and driveways, particularly those that are frequently exposed to heavy vehicular and foot traffic, require a great deal of regular maintenance and sometimes that can include a costly repaving project if there’s extensive damage. As stressful as the concept of having to budget for an asphalt parking lot repaving project can be for property managers and business owners alike, sometimes it’s a necessary step to help keep your pavement in good standing. If your parking lot is currently in obvious disrepair and you suspect either parts of it or the entire blacktop needs to be repaved, then now is the time to contact a professional asphalt contractor in your area for an assessment. The sooner you get this done, the greater the likelihood is that the paving job will be complete before the cold winter months come in full force.

Asphalt Parking Lot Repaving Tips for Property Managers

To help ease some of the pressure of having to create an accurate and affordable budget for repaving your commercial asphalt parking lot or driveway, here are a few useful tips:

Choose Between a Partial or Complete Asphalt Repaving Project

At first glance, ask yourself whether the current state of your asphalt parking lot is damaged enough that a complete overhaul is required or if you simply need to replace certain portions of it. This is a huge mitigating factor in helping you determine the amount of money you should allocate towards this type of project. Doing your own examinations of your asphalt parking lot will also make it easier for you to point out problem areas to professional contractors you hire during an initial consultation. Of course, anyone you hire for this job will also advise you if they notice damages that you might have missed and will tell you directly if they need to be addressed immediately.

Think about the Lifespan of Your Pavement

Making repairs as soon as damages occur or immediately when you notice them can help extend the lifespan of your asphalt pavement. The longer cracks and potholes are left to their own devices, the more they’ll expand and eventually turn into even worse damages that require costly repairs. Think of repairing your asphalt at the slightest sight of damages as you actively take steps toward protecting your investment. The more you care for your asphalt, the more you’ll get out of it and the longer it’ll last.

Assess the Current State of Your Asphalt Parking Lot

Taking the time to thoroughly assess the current state of your asphalt parking lot will help you determine how much work needs to be done on it. Hiring reputable and experienced asphalt parking lot paving companies to work on your property is a great way to ensure that you’re getting the highest quality work for your dollar. They’ll only do the required amount of work, nothing more and nothing less so that you won’t end up overextending your pavement revamping budget.

Consider the Amount of Foot and Vehicular Traffic Your Property Endures

Believe it or not, the amount of foot and vehicular traffic your asphalt parking lot endures on a daily basis makes a significant difference in terms of how long it’ll last before it requires repairs. Cars, especially heavier vehicles like pickup trucks, eighteen wheelers, and SUVs carry a lot of weight that can cause a great deal of traction and friction on your asphalt and cause it to crack prematurely. To help your company save money on the cost of repairing damages caused by daily use of your asphalt, it’s important to sealcoat it approximately every two to three years. This will protect your asphalt from minor damages like cracks, which can lead to the need for costly repairs.

Asphalt Pavement Maintenance Options

Maintaining and cleaning your parking lot on a regular basis is also something you should take into consideration when budgeting for hiring professional asphalt paving contractors in Toronto to work on your property. These are future expenses that will also help you sustain a much longer lifespan for your asphalt parking lot without having to worry about replacing it any time soon. Reliable and routine maintenance can actually extend the life cycle of your asphalt parking lot up to 30 years before needing to be replaced.

Prioritize Your Parking Lot Repaving Needs

If you notice that your asphalt parking lot is falling apart or that large chunks of it are missing, then it’s time to consider repaving either the damaged portions or the entire exterior of your property to bring it up to safety standards. At the end of the day, if someone trips and falls or has their vehicle damaged as a direct result of your negligence to maintain your property, then you’re legally accountable for the pursuant consequences.

Repaving your parking lot can help prevent accidents, injuries, and vehicular damages from occurring on your property. It’s your way of showing your customers, employees, and anyone else who uses your commercial property that you care about their safety and well-being, not to mention that you also take pride in your business.

Consult with Local Asphalt Paving Companies

The best way to determine the amount of work that needs to be done on your asphalt parking lot and how much it’ll cost is to consult with a reputable local asphalt paving company near you with years of experience working in your area. After carefully examining the current state of your property, asphalt contractors can pinpoint existing and prospective problem areas of your parking lot that warrant immediate attention and care.

Commercial Asphalt Parking Lot Contractors in Toronto and the GTA

Your search for “asphalt paving companies near me” ends here. Sure-Seal Pavement Maintenance Inc. has been one of the leading asphalt paving and maintenance companies in Toronto and the GTA for well over 20 years and we always deliver the highest quality work to all of our valued customers backed by a seven-year product and labour warranty. To schedule a free consultation with one of our expert asphalt contractors, please contact us!