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An asphalt driveway costs $5 to $12+ per square foot installed — about $2,000 to $4,800 for a 20' x 20' driveway.
Read the full 2026 cost guide →Base preparation decides how long a driveway lasts — ask what base depth and compaction they build, and what mix and lift thickness they lay. Established companies with their own paver and roller, insurance, and local references beat any door-knock 'leftover asphalt' offer, which is a classic scam.
Paving is new asphalt over a prepared base; resurfacing (an overlay) adds a new lift over structurally sound existing asphalt; sealcoating is a protective surface treatment, not a repair. Sealcoating a failing driveway just paints the problem black — match the fix to the condition.
Typically you can walk on it within a day and drive within two to three, but full cure takes months — avoid sharp steering in place and heavy loads early on. Your contractor should give timing based on the weather at the pour.
First sealcoat usually comes six months to a year after paving (asphalt needs to cure first), then every two to four years depending on sun and traffic. Annual sealing is oversell; never sealing lets water age the surface faster.