Cost To Repair A Parking Lot
When it comes to parking lot repair, the price is going to depend on several factors. The materials that are used and the location of the lot are two of the biggest factors in determining the final price of a project.
Asphalt is the most common material used for parking lot repair. However, concrete can be a more expensive option. Concrete is also more susceptible to damage due to water. Therefore, it may need to be repaired more frequently than asphalt.
Another reason why a parking lot needs to be repaired is because it can become warped. Warped areas in a parking lot are caused by heavy trucks and pressure. These types of parking lots can be very expensive to repair. If you need to fix a parking lot that has become warped, it’s best to have it resurfaced. This will prevent further damages to the surface and base of the lot.
How Much Does It Cost To Repair A Parking Lot?
When it comes to asphalt, the cost of resurfacing is dependent on the condition of the surface. Most of the time, a parking lot will need resurfacing at least once in its lifetime. You can expect to pay between $0.90 and $2.50 per square foot.
When it comes to concrete, the price is between $4 and $7 per square foot. It’s much cheaper to buy a pre-poured concrete slab, but the cost of a poured concrete slab can be a lot higher. Also, the cost of construction equipment can be a huge factor in the overall cost of a project. A site that is unaccessible will also increase the amount of labor and equipment required to complete the project.
The life cycle of a parking lot can be as long as 20 to 30 years. During the first 8 to 10 years of its life, the lot will need maintenance. This includes sweeping and cleaning the asphalt, sealing it, and applying seal coating. Additionally, the edges of the lot need to be maintained.
For larger, complex projects, it may be a good idea to hire a consultant or civil engineering firm to handle the project. Some companies, like Zimmer Consultants Inc., specialize in pavement construction and management. They work with WellsPark Group, Simon DeBartolo Group Inc., and ERE Yarmouth.
The first step in repaving is subsurface prep. This is necessary to ensure the parking lot’s foundation is stable and to minimize future cracks. Other costs include grading, milling, and adding drainage options.
As for the sealcoat, you will want to choose the type that suits your budget and needs. Acrylic sealing is one of the most expensive options. Acrylic sealants are water resistant and durable. Acrylic can last for as long as seven years, and can be applied on a wide variety of surfaces. There are other types of sealcoat, however.
Overall, the cost of repairing a parking lot will be determined by the size of the lot, the materials used, and the amount of labor and equipment needed. A shopping center lot will be able to show signs of problems sooner than a private parking lot, because of the amount of traffic.