Whether you need to have a new Winter Haven parking lot paving installed, or you need your existing one worked on, as a property manager, you need to make sure that you have a good budget plan in place. Even if your pavement has just been freshly installed, it’s important to plan for the maintenance that will be needed to keep it in good condition.
However, many first-time parking lot owners have difficulty determining how much they’re going to need to set aside for their parking lot project. To help you out, here is a property manager’s guide to your Winter Haven parking lot paving budget.
Have your parking lot inspected
The first thing that you need to do to figure out how much your parking lot is going to need is by having your pavement inspected. This can be hard to do for first-timers because you don’t know exactly what you should be looking for in your pavement, which is why this is something that you should delegate to a pavement contractor.
A good pavement contractor will be able to go around your parking lot and determine exactly what needs to be done to maintain the current state of your paving or improve it. This professional assessment will make it easier for you to determine what services will need to be budgeted for, which provides you with a tentative plan on how much of a budget you’ll need.
Look into the different pavement services
Of course, you have to look into these different pavement services. While some of these services are optional, there are others that are required for the sake of your pavement’s health.
Once you have an idea of what services are needed for your paving, you should look into the cost of these so that you know how to budget for them. Some paving services needed to be done on a yearly basis, while others are to be done every few years or so. Take this into consideration when putting together your pavement budget plan.
How to handle pavement care on a limited budget
Many property managers worry that they may not be able to maintain their Winter Haven parking lot paving on a limited budget. While this is limiting, it isn’t the end of the world for your pavement. If you know that you’re working with a limited budget, the best thing to do is perform preventative maintenance.
This refers to the use of certain pavement services to prevent damage as much as possible. Services like seal coating and crack filling can go a long way in minimizing pavement damage, which also lessens the cost of having to repair your paving.