When your driveway or parking lot starts showing cracks, fading, or uneven spots, it doesn’t always mean you need a full replacement. In many cases, an asphalt overlay can restore strength and appearance for a lower cost. This process adds a new layer of asphalt over the existing surface, creating a smooth, durable finish. Understanding the cost and benefits of an asphalt overlay can help you make the best choice for your property.
What Affects the Cost of an Asphalt Overlay?
Several factors determine how much an asphalt overlay costs. The size of the area is one of the biggest — larger surfaces need more materials and labor. The condition of the existing pavement also matters. If the base is stable, the overlay will cost less. However, if there are deep cracks or drainage problems, repairs may be needed first.
Other factors include the thickness of the asphalt, ease of access, and whether the project is residential or commercial. For example, parking lots often need heavier materials and line striping, which can raise the total cost.
Average Cost for Driveways and Parking Lots
In 2025, the average cost of an asphalt overlay usually ranges from $3 to $7 per square foot.
- Residential driveways typically cost between $1,500 and $4,000, depending on size and condition.
- Commercial parking lots can range from $10,000 to $50,000 or more, depending on area, layout, and any repairs needed before applying the overlay.
While overlays cost much less than full replacements, they can extend your pavement’s life by 10 to 15 years with proper maintenance.
Benefits of an Asphalt Overlay
An asphalt overlay improves both appearance and performance. It smooths rough areas, fills small cracks, and gives your pavement a clean, dark finish. Overlays also improve drainage, reduce tripping hazards, and boost curb appeal for homes and businesses.
Get Quality Asphalt Overlays with All About Concrete Paving
At All About Concrete Paving, we specialize in asphalt overlay services for residential driveways and commercial parking lots. We inspect your pavement, repair damage, and apply high-quality materials for a long-lasting, smooth finish. Our team focuses on quality, efficiency, and customer satisfaction. At All About Concrete Paving, we don’t just resurface pavement — we restore its strength and beauty. Contact us today for a free estimate on your asphalt overlay project.
This post was written by a professional at All About Concrete. At All About Concrete, paving is our specialty. Since 1970, we’ve been proudly delivering top-quality commercial and residential asphalt and concrete paving services across the DFW Metroplex. Whether your project is large or small, we offer customized solutions to match your needs and budget. Contact us today for a free, no-obligation estimate, or visit our website to request your estimate online. We look forward to bringing your paving project to life!
