The main factors that make a Paved Driveway a Good Investment
The desire to have a perfect-looking and highly-valued property is something that we can all relate to. Whether renovating an old house or building a brand new one, there are always ways to make it look better. Perhaps we're motivated by a desire for comfort, or we may consider our home investment, but generally, living in luxury is hugely satisfying.
And while everyone has their way of maximizing their home's potential, enhancing the overall aesthetic of the exterior of a property, whilst increasing its value can be achieved straightforwardly and easily - by adding a paved driveway.
How does a Paved Driveway increase a property value?
Good Selling Point
When you're getting ready to sell your property, it's crucial to take the best possible approach for releasing the home for the best asking price. First impressions significantly influence prospective buyers. More curb appeal means added value. If you take good care of your home's interior and exterior, the appearance of a damaged driveway can detract from the overall look of your home and turn prospects away.
A professionally paved driveway, from the buyer's point of view, is an added benefit. Spacious and convenient driveways next to residential property potential buyers always find appealing. Moreover, most home buyers won't consider buying a house without a nice, well-maintained driveway.
Enhanced Appearance of a Property
Paved Driveways belong to the most popular and attractive types of driveways chosen by homeowners across Hampshire and Surrey. If you are thinking about adding a paved driveway to your home, there are various styles to choose from. Whether you are looking for a traditional look with a lovely stamped concrete finish or something more contemporary with a sleek, black finish, there is a paved driveway style that perfectly fits your home.
Please remember, whichever driveway you choose, it will need to be well-maintained to look its best and enhance the appearance of your property.
The most frequent reason behind adding a driveway to your property is the idea of having individual parking. With more cars on the road than ever, it is not surprising that people seek somewhere safe, secure and preferably off-street to park their vehicles. By far, having your driveway is the apparent benefit of a ride, as it removes the need to manoeuvre around suspicious parking zones or haul your groceries all the way to your house from down the street when there are no spaces outside of your home.
How much value a Paved Driveway can bring?
Typically, a driveway can add quite a bit of value to a property. When determining the actual amount, consider what area of the country you are in and what size of driveway you build. Generally speaking, you can expect that a paved driveway installed by a professional contractor can add between 5 and 10 per cent to the value of a house on average.
The actual figure depends on a few factors, like:
availability of free parking nearby
how expensive is permit parking if required within the area
the capacity of the driveway
The Key Takeaways
A well-installed paved driveway can impress prospective buyers even before they have more than stepped inside the building. The driveway reflects the homeowner's level of commitment to their home and is a significant factor in determining whether or not someone will invest in it. A well-paved driveway also eliminates the need for regular maintenance, saving time and money.
Remember that installing a new or refreshing your existing paved driveway has no impact on your household and can be carried out relatively quickly depending on the size and look you want to achieve and the driveway contractor you choose.
Questions? How Yew Tree Landscapes can help.
If you're thinking of installing a paved driveway in Hampshire or Surrey, consult with Yew Tree Landscapes, your local paving contractor, to get the perfect solution to transform your driveway and improve the look of the overall appearance of the exterior of your property. Please don't hesitate to call us on 07553 402 009. Thank you for reading!