One of the most important aspects of maintaining home values and attracting tenants/owners is the aesthetic appeal of the grounds. A community’s well paved roadways and parking lots are key parts of its curb appeal. Beyond first impressions, well maintained parking lots and roadways are critical to your property’s risk management. Uneven surfaces, cracks and potholes can lead to tripping hazards for people, and damage and accidents to vehicles. Traffic studies show that up to 20% of all motor vehicle collisions occur in parking lots.
Pavement in poor repair can also lead to higher insurance costs, as most insurance companies require parking lots, driveways and walkways to be in good repair to qualify for the best rates. Preserving the property and its common areas is one of the foremost duties of Home Owner & Condominium Association directors. In addition to the day-to-day maintenance responsibilities, directors must maintain funding for maintenance, repair and replacement of common elements which includes the driveways, parking and other paved areas. To get your money’s worth, you want to extend the lifecycle of your paved areas by ensuring they are well-built, well designed and properly maintained.
PROTECTING YOUR INVESTMENT
The value of making sound pavement construction, maintenance, and repair decisions is more than aesthetic—it’s economic. If managed and cared for properly, your pavement surface can last 25 years or more. Managed improperly or neglected, and your pavement could deteriorate and require replacement in less than 10 years. How long paved surfaces last until they need to be replaced depends on how well they were initially constructed, volume of traffic they support, weather and most important, how they are maintained. The key to a longer lifecycle is to have a well-built, well designed surface that is properly maintained. That can significantly improve the ROI on your pavement investment and extend its functional life for years.
IT STARTS WITH A PLAN
To control maintenance and repair costs, many Home Owner & Condominium Associations today have adapted pro-active maintenance programs that help them manage their maintenance responsibilities. This approach is especially relevant for a communities parking lots, driveways and paved areas. A properly implemented Paving Maintenance Program helps you address minor maintenance and repair work that can help you avoid major replacement costs down the road.
Once you’ve decided to move forward on your decision to repair or replace your paved parking lots and/or driveways, you’ll want to select a contractor that has the technical expertise and ability to get the job done, understands and respect your needs, and works well with you and your board.
Johnson and Sons Paving has built a reputation for dependable and superior service by keeping our customers informed, meeting or beating deadlines and staying on budget. Our comprehensive asphalt maintenance and repair services include seal coating, hot crack filling, line striping, excavation services, asphalt patching and paving. Contact us today for a free, no-obligation estimate and project assessment.