General Price Range
Asphalt parking lot resurfacing generally costs around $1.60 per square foot. There are however a great deal of factors that come into play when resurfacing black tops / parking lots. It’s also important to understand the difference between ‘resurfacing’, ‘resealing’ and ‘repaving’ as these are very different from both a cost and final outcome standpoint. Factors like location, local competition and time of the year may also greatly effect the cost to resurface or repave your asphalt parking lot.
“Resurfacing” often used interchangeably
The term “resurfacing” is commonly used when referring to any type of parking lot project where the black top is restored to a ‘new’ look however there are actually three different categories of job associated with this term. From quick and simple resealing to the fully involved repaving, the real method of ‘resurfacing’ actually refers to the project that would fall in between these two levels of black top magic.
Asphalt Resealing vs. Resurfacing vs. Repaving: Quick definitions
- Resealing: Adding a new new layer of sealcoat to the lot without the use a full, fresh asphalt coating. What is sealcoating, exactly? We explain it thoroughly in this article.
- Resurfacing: Adding a new layer of asphalt atop the old lot, often followed with resealing.
- Repaving: Removing the old pavement/asphalt and adding a whole new asphalt layer, also often followed by sealcoating.
All of the above asphalt services are then followed by new line stripping when they are done on a blacktop parking lot.
Resurfacing & Resealing Asphalt Preparation
Resealing asphalt is the most cost effective method of bringing the parking lot back to its former clean and new aesthetic look, however may not be your best option dependent on the condition of the lot’s surface. The resurfacing and resealing processes start with professional repairing of major and minor issues on the lot such as filling pot holes and medium to large cracks on the surface with an asphalt filler and allowing it sufficient time to dry. If the experts find the lot to be overridden with cracks and potholes, or large compressions and un-level areas they may inform you during the quote process that repaving is actually necessary as simple resurfacing may not do the job to make the lot both safe and professional in appearance.
After parking lot prep work
Resealing / Fresh Sealcoat
When is repaving necessary?
Complete surface repaving is necessary when the condition of the parking lot is so bad that no asphalt can be laid atop it without so much prep work that the cost to perform the prep outweighs the cost to remove and repave entirely. Often when surface cracks appear throughout the entire lot, the main issue causing the cracks lays within the subsurface, also requiring complete repaving.
What is the repaving process?
Repaving starts with a total demolition of the old asphalt followed by subsurface prep to assure the foundation is strong, level and compact enough to take the new asphalt layer and minimize future cracks and water build ups which are a leading cause of potholes.
Now that you have an understanding of the different methods for ‘resurfacing’ your parking lot, here are some general price points of each method;
Depending greatly on the amount of prep work required prior the sealcoating, costs per square foot may range from .15 to .30 cents. In some warmer climates it’s also possible a more dynamic, durable product is used which may also carry a higher cost.
Again, the prep work can greatly cause this range to fluctuate yet the average asphalt parking lot resurfacing may range from $.90 to $2.00 per square foot.
Resealing and resurfacing driveways may tend to cost significantly more per square foot as the same amount of equipment and general overhead is required for a smaller area.
As complete demolition of the old asphalt lot is required prior the laying of fresh asphalt, repaving carries the highest cost of all the resurfacing methods. With a total cost of demo to new asphalt ranging from $2.00 to $4.00 per square foot repaving an asphalt parking lot can become expensive, however most professional asphalt companies have a sliding scale allowing for price reductions per square foot as the size of the lot increases.
Pinellas, FL Parking Lot Services
Is your parking lot located in Pinellas, Florida? If so, feel free to contact Anderson & Son’s Asphalt with any questions or for a free quote today.