What Property Managers MUST Consider when Budgeting Asphalt Paving Maintenance

28 October 2016

budgeting-asphalt-paving-maintenance

Do you struggle with budgeting your asphalt-related needs?

An aging car park is always a tricky department for all you property managers as you can’t afford to let those cracks turn into potholes.

Evaluate Your Pavement’s Condition

A good start would be to check the condition of your pavement. This is what you should check to get a good evaluation of your pavement:

  • Check if your asphalt is faded
  • Check if the pavement markings are worn
  • Check if your pavement is stained with oil or gas marks
  • Check if there are any cracks that are larger than 0.25 inches
  • How long has it been since you had your pavement seal-coated last and depending on your usage

Ask Yourself these Questions Before Planning Your Budget:

  • Approach 3 or more asphalt contractors with a list of the work you want done and get a rough idea from each.
  • Have at least two contractors come and inspect your pavement. Further request them to reach an agreement on the work and provide you with a list.
  • Ask one contractor to work up a quote (Price) on all the work that you need performed and use this quote to get rough estimates from other contractors.

Try planning your asphalt restoration before winter sets in as cold weather can create more damage on your asphalt.

Do You Need a Full Asphalt Pavement Replacement or Just a Few Repairs?

If your paved area is in very bad shape, then replacing the whole thing is your best option. A brand new pavement is your best option and if well maintained, can last you about 20 years.

How Old is Your Pavement?

A brand new pavement will last you up to 20 years, if you maintain it well. Save yourself some unnecessary expenses by finding out when the last key pavement installation was. If your pavement is nearing its expiry date but seems good and only needs a few repairs, it is very possible that you can do the necessary repairs and restore it. This will go easy on your budget and increase the longevity of your pavement at a lower cost.

How Heavy is the Traffic?

The average lifespan of a commercial parking area may last up to 20 years but very heavily frequented parking areas tend to need replacement earlier than that, around 14-15 years. It may be possible to stagger the replacements of different areas to better fit your budget.

How Much Time do You and Your Customers/Tenants Have?

Your budget is not your only worry as you also have to consider your business or residential tenants who have their own lives to lead and work to do. So plan and keep their concerns and schedules in mind in such a way that it causes minimal disturbance to them. You can do this by doing your research on the best asphalt paving contractors who have the appropriate experience working in either commercial or industrial settings.

When Was the Last Sealcoating Done?

Applying sealcoating to your asphalt will extend its lifespan and also keep it looking great. You should fit sealcoating into your budget and schedule it to once every 2-3 years, more so in heavy traffic areas. Sealcoating your pavement at fixed times will extend and protect your pavement’s life from wear and tear.

How Big are the Cracks?

Any cracks that range from ¼ of an inch to 1 inch can be repaired to protect your asphalt pavement area without a complete replacement project. If you vigilantly repair and fill all the cracks, it will prevent any water from entering the cracks and weakening the foundation of your pavement. Any cracks that are bigger than that will start to become potholes.

Keep a vigilant eye on your pavement and keep a regular eye on your pavement and schedule and fit it into your asphalt paving budget. Asphalt lasts a long time if it is well maintained and well installed.

A dollar of regular maintenance will save you $5 of major replacement paving. If you happen to have large areas that need major work or replacement-understand that it can be done in stages to keep costs more manageable and predictable.

Choose the budget friendly option and contact the Jackson Asphalt professionals!