Asphalt pavement can make a significant impact on Houston property values, whether residential or commercial. This is of obvious interest to property owners, HOAs and condos, who can benefit from high quality asphalt pavement installation and maintenance.
Specifically, fresh asphalt pavement can provide the following advantages to your property:
- A positive first impression for your property
- Aesthetic improvements that enhance the property’s overall look
- Reliable pavement that will be seen as a value-add for potential buyers or customers
- Better utility, traffic management and safety on the property
Together, these benefits will positively affect your property values, whether that property is a sprawling commercial complex, a condo community or an HOA with single family homes.
A Closer Look at How Asphalt Pavement Can Affect Houston Property
It is the goal of every homeowners’ association to maintain property values for their community. This could be a neighborhood or a set of condos, but the goal is the same for both – keep property values as high as possible.
One proven way to support better property values is to ensure better quality pavement is in place. If your property’s parking lots, roads and driveway areas rely on asphalt, then keeping it in good condition with on-time maintenance or by installing replacement asphalt is the mission for HOAs and condo owners.
Here are four benefits of fresh asphalt on a property:
- High quality asphalt makes a positive first impression – The first thing visitors will likely notice is the quality of the buildings on your property. The second thing they will notice is the quality of your property’s pavement. If that pavement is asphalt, fresh asphalt has a clean, rich appearance that will reflect well on your property management.
Well maintained pavement suggests that you are on top of things as a property owner, which is a positive trait when trying to attract tenants or clients. - New asphalt pavement improves the property’s aesthetics (curb appeal) – On top of the positive message that it communicates about your maintenance approach, quality asphalt pavement also provides an aesthetic advantage, which can make a difference when trying to attract people to the property. New or well-maintained asphalt pavement looks smooth and safe to drive and walk on, which potential tenants will consider.
- Quality asphalt paving lasts longer and provides a long-term return for Houston property owners – When asphalt pavement is properly installed and maintained, it will provide more than a decade’s worth of reliable performance. It is possible for expertly installed and properly maintained asphalt to last 15-20 years.
If asphalt is not kept in good to excellent condition for as long as possible, it will fail much sooner than 15 or so years. As such, it is important to work with a quality paving contractor that uses high quality materials and provides ongoing maintenance services as well.
By installing new quality asphalt or restoring your existing pavement (with base stabilization and an overlay, for example), you will accelerate the return on your pavement investment and realize full value for it. - High quality asphalt boosts traffic management and safety on your property – Although the difference between a worn pavement surface and a quality pavement surface may seem negligible, that is not the case for motorist and pedestrian safety. High quality asphalt has a smooth driving surface that promotes maximum traction and control for motorists – and maximum walking safety for pedestrians. Pavement that is poorly maintained is much more likely to contribute to an accident or to vehicular damage, which your organization may be held liable for.
You can avoid that situation by ensuring your asphalt is in excellent driving condition.
How an Expert Houston Asphalt Company Can Improve Your Property’s Pavement
If your property relies on attracting residents or tenants, you will need to prioritize the state of your pavement at some point. Here is how an expert asphalt crew can help your property get the pavement it needs:
- Installing new asphalt – If your property is still in an undeveloped stage or is expanding, a reputable asphalt company can assist with the dirt work and establish a stable site for rolling out a new patch of asphalt. Experienced crews are not limited by scale or complexity, so they can be relied on to install parking lots, roads, loading areas, walkways and more.
- Replacing worn asphalt down to full depth – If your asphalt pavement has fallen into poor condition or disrepair, a reputable asphalt company can remove the failed portions of your pavement and replace them. Full-depth asphalt replacement involves removing the subsurface layers of asphalt, stabilizing the base, placing subsurface materials and rolling fresh asphalt over the restored base.
- Providing a surface course for your asphalt – If your asphalt pavement is in mostly good condition, but the surface is noticeably worn, a surface course may be all that is required. In most cases, this means an asphalt overlay, which involves milling down the top couple inches of asphalt and then installing a new surface course over the existing subsurface layers, which can last decades if the base is stable.
- Maintaining the asphalt pavement’s condition – If your asphalt pavement just needs a pothole patched, a few cracks filled or a new layer of sealcoat, an experienced asphalt contractor can inspect your pavement, determine what maintenance is required and provide the necessary repairs. Reputable companies can provide ongoing services in the form of a maintenance contract for added convenience and peace of mind.
Houston HOAs and Condo Owners Should Consider the Impact of Asphalt on Their Property Values
We may walk and drive on it, but asphalt pavement is still a factor in how people view the quality and aesthetics of your property. If you own a condo or help operate a homeowners’ association, you likely understand how property values will include the condition of your asphalt, so this is relevant to you.
An experienced asphalt paving contractor will ensure your pavement is properly maintained throughout its life cycle, so your property will always have the advantage of high-quality asphalt to help maximize property values.
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