How To Estimate The Cost Of Building A New Asphalt Parking Lot

How To Estimate The Cost Of Building A New Asphalt Parking Lot

Building a new asphalt parking lot can be expensive, but there are some factors that will have a major effect on the cost. This blog post will look at some of the factors associated with building an asphalt parking lot so you can better determine how much it will cost you.

Cost Per Square Foot or Cost Per Space?

When building a new asphalt parking lot, you first need to determine if the costs will be calculated per square foot or per space. What’s the usual method of calculation? Typically, when building a new asphalt parking lot, the costs are calculated per square foot. Several factors go into determining the cost of building an asphalt lot, including: how much material is needed and what type of equipment needs to be used?

The Scope of Work

The scope of work is one of the most significant factors when building a new parking lot. The more complicated your project, the more it will cost to complete. To estimate the price for building an asphalt parking lot, you must first determine how big the parking lot will be. For example, building an asphalt surface with two hundred car spaces is much cheaper than building one that can park six hundred cars; because less material will be used. So, make sure you have a clear understanding of the scope of work.

Materials

When building a new asphalt parking lot, you must consider the materials that will be used to construct it. You might be tempted to buy low-quality materials at a lower cost. However, this choice will always cost you more in the long run as low-quality building materials are not very durable and will not withstand weather conditions well over time. To ensure the safety of your parking lot and the people who park there, always go for high-quality materials to build your parking lot. Quality materials will save you more money in the long run.

Labor Rates

Labor rates will be a significant part of the costs of building a new parking lot. Labor is one of the most significant expenses in any construction project because construction workers must sometimes work long hours at various stages until the project is completed.

Line Striping

There are some other costs that should not be overlooked when building an asphalt parking lot. One such cost is line striping the area with paint or thermoplastic material. Line striping keeps your parking lot well organized, provides better visibility in the dark and wet weather, helps prevent accidents, improves safety for both drivers and pedestrians, and also enhances the look of your parking lot. No parking lot is complete without line striping!

Signage and Lighting

As part of building a new parking lot, it is vital to consider the cost of signage and lighting. Having well-placed signage will help customers easily find their way into your building or facility, which makes them feel safer and helps improve organization.

In addition, lighting is critical for the visibility and safety of your parking lot in the dark hours. You need to consider what kind of lighting you want to installed, such as floodlights or LED lights. The type you choose will affect the cost.

If you want to have your parking lot paved in Harleysville, PA, or the surrounding areas, contact Deluxe Blacktop Paving Contractor LLC. Our experts are happy to provide a free estimate for a high quality parking lot. We also offer other asphalt paving services such as sealcoating services and crack filling, so if you need any paving done, we can help!