It’s sometimes difficult to know when it’s really a better investment to just replace an asphalt parking lot vs repairing it. This is a big decision in when considering both the cost of the replacement and the inconvenience to you and your customers.
A good rule of thumb is if a parking lot is approaching 20 years of age, or if 25-35% of the total surface area is in need of removal due to significant damage, it is generally more economical and effective to completely reconstruct the parking lot. With proper maintenance, your new lot can last another 20 – 30 years.
Repairing and maintaining your parking lot is an essential part helping extend the life of your asphalt. Things to do to make the most of your investment include:
- Seal Coating – Adding a new seal coat each year not only makes your parking lot look great, but it help hold the integrity of the pavement for years to come.
- Crack Sealing – Small and medium-size pavement cracks and be fixed. The crack sealing process is exactly what the name says; filling small cracks to prevent further damage. Cracks that are straight or less than a quarter-inch wide can easily be repaired with a liquid filler. This process is done before sealcoating or resurfacing, all cracks and existing damage must be repaired, so crack sealing is a first step towards further repair and a necessary ongoing maintenance responsibility. A yearly schedule of crack sealing is best to prolong the life of your lot.
- Resurfacing – A resurface is a good option when the existing asphalt is mostly free of major damage. Any minor defects in the pavement must first be repaired and then a layer of new asphalt is put down on top. This is a good option for a parking lot that is 8-10 years old.
If your parking lot is starting to show signs of age, give us a call for a free estimate today!