Having Haines City parking lot paving installed or repaired or replaced is not exactly cheap. Every contractor will compute the whole service fee based on per square foot of the property. That means the larger your property is, the more money you would need to save for the installation, the repair, the maintenance, and the replacement of the asphalt pavement.
In general, the average cost per square foot is between $3.50 and $4.50 but some asphalt contractors may charge a ton, costing around $100 to $150 per ton.
Residential driveways, for instance, cost around $2,300 and $10,300. Homeowners typically pay per square foot. If you’re thinking of installing an asphalt pavement for your commercial property, that would cost more than a residential driveway.
The way to learn how much you need to allocate for the asphalt pavement parking lot and driveway is to compute it based on the size of your property. If you have the data ready, all you need is to multiply per square foot of the property with the price the contractor will tell you.
But remember that it’s not all you need. A contract will cover the use of the equipment, the materials, and the labor but it would not cover the maintenance of the pavement and the repair and replacement, just in case.
Aside from the cost of the whole project, you also need to save for the bad days… when the pavement suffers from deteriorating elements such as potholes, cracks, alligator lines, area collapses, and many others.
When the pavement starts to show signs of deterioration, you would need to call the contractor immediately so they can look into the problems and suggest possible solutions. If the maintenance is not part of the contract you paid, you would need to shell out for the repair and replacement of the asphalt pavement.
The repair and the replacement, of course, are much cheaper than the installation of the pavement. In some cases, however, the replacement of areas of the parking lot is more expensive than simply stripping the pavement off and installing a brand-new asphalt mix.
That’s because some pavements are designed around the drainage system or around the bend of a road. When design comes into play, repairing and replacing the pavement gets more expensive.
The important thing to note here is you should be ready for the bad days. When an asphalt pavement starts to suffer from deterioration, you won’t have much time before these problems become bigger and the cost of the repair gets astronomical. You have to address the issue as soon as possible and you cannot wait to raise the funds needed for it.