Parking lot surfacing in Canton, OH, is a significant investment, but essential for maintaining a safe and attractive property. Choosing the right material and contractor is key. Asphalt resurfacing is a common and cost-effective option, particularly for existing asphalt lots that require rejuvenation. Concrete offers a more durable and long-lasting solution, suitable for high-traffic areas. Let's break down the costs involved:
Introduction
Asphalt parking lots typically require resurfacing every 10-15 years, so budget accordingly. Costs can vary widely based on the project’s size and the chosen material. Resurfacing an asphalt parking lot can cost anywhere from $2 to $7 per square foot, while a new concrete lot will likely fall between $6 and $11.20 per square foot.
Cost Comparison
Here’s a comparison of common surfacing materials and their estimated costs in Canton, OH:
| Material | Cost Per Square Foot | Notes |
|---|---|---|
| Asphalt Overlay | $2 - $7 | Common for existing asphalt |
| Concrete | $6 - $11.20 | More durable, higher upfront cost |
Labor Costs
Labor costs can add significantly to the overall expense. Here’s a breakdown:
| Task | Cost Per Linear Foot | Notes |
|---|---|---|
| Crack Filling | $1 - $3 | Based on linear feet of cracks |
| Patching | $2 - $5 | Depending on the size and number |
Key Cost Factors
Several factors influence the final cost:
- Size of the Parking Lot: Larger lots require more materials and labor.
- Material Choice: Concrete is generally more expensive than asphalt.
- Lot Condition: Extensive damage will necessitate more preparation work.
- Sub-Base Preparation: Proper sub-base preparation adds to the cost.
- Contractor Rates: Different contractors will have varying rates.
Tips for Hiring
- Get multiple quotes from qualified contractors.
- Check references and reviews.
- Ensure the contractor is licensed and insured.
Q: How often do parking lots need to be resurfaced? A: Generally speaking, a well-maintained overlay can endure for 10-15 years, so you may only need to resurface your parking lot twice or three times during its entire lifespan.
Q: Is resurfacing a parking lot a capital improvement? A: Minor fixes like patching potholes may warrant immediate expensing, while major renovations such as resurfacing or reconstruction may justify capitalization. Useful Life Extension: Consider whether the repair work substantially prolongs the useful life of the parking lot.
Q: How much does it cost to sealcoat 1000 square feet? A: Expect to pay between $85 and $165 for a 1,000 square foot driveway. The price range depends on location - you will pay on the high-end if you live in a big city. Most driveway contractors charge a minimum - the price per square foot ranges from $.
Q: What is the difference between sealing and resurfacing a parking lot? A: Sealing involves applying a protective coating to existing asphalt to prevent cracking and water damage, while resurfacing involves removing the old asphalt and laying down a new layer.
Q: Can I do it myself to save money? A: While DIY projects can save money, resurfacing a parking lot is a complex undertaking best left to professionals. Improper installation can lead to costly repairs down the road.