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Updated almost 6 years ago on . Most recent reply

User Stats

45
Posts
63
Votes
Zachary Schimenz
63
Votes |
45
Posts

Estimated Driveway Cost

Zachary Schimenz
Posted

Hey, I'm doing some CapEx estimations, looking at driveways in particular. It looks like driveways cost about $5/sq ft (including removal cost) and last an average of about 30 years. 2 questions:

1. How do I find the square footage of the driveway? That info's not listed on Redfin, would the agent know or do I have to go over there and eyeball it?

2. I'm going to be renting out in a college town where most college kids don't care if the driveway "looks pretty". Will I have to replace a driveway in 30 years anyway because there are some kind of "structural issues" or can I just leave a cracked driveway in there, no big deal?

Thanks and I appreciate it!

-Zach

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