How Much Does a New Driveway Cost

Doug Enright 

There’s certain things that happen to every homeowner out there. You roof springs a leak, a window breaks, and your driveway needs repairing or replacing. Chances are if your driveway needs to be repaired, it might as well be replaced by the time you compare costs. But how much does a new driveway cost? Let’s look at the factors that go into driveway cost.

How Much Does a Driveway Cost?

Most homeowners opt to hire a concrete company to replace their driveway. This saves them the time, energy and money by avoiding doing it yourself. This will be where you first cost issues come up. If you hire a company, it’ll cost more than doing it yourself; if you do it yourself, it’ll take more time but cost you less.

The next cost to consider is the cost of concrete. Concrete is often measured by yard. From there, you can by enough concrete mix to match the concrete yards needed to fill your driveway. Concrete mix can be bought at any home improvement store and the price will vary based on the type of mix you get, the time of year you get it and other factors set by the individual store. If you go with a company, you may be less for concrete because they often have deals with suppliers that lowers the overall cost. This will be off-set by hiring them to pave your driveway to begin with.

On average, concrete can run about $4 to $6 per square foot during a basic installation. However, what basic installation includes may vary from concrete company to concrete company, so make sure you get a handful of estimates to get the best price. Depending on the features you want for your driveway, such as a sealant, you could potentially pay up to $15 per square foot.

Depending on what you want from your new driveway, the cost will fluctuate, which is why it’s important to get an estimate on your driveway before making any decisions.

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