Anytime work is completed, it can be seen as an investment for the property or business. This includes making necessary repairs and sealcoating your parking lot. When it comes to your business or commercial property, understanding where your money is going is incredibly important.
To help you understand a bit more about the cost of sealcoating your parking lot, we’ve put together a list of key items that will affect the cost. It is imperative to keep in mind that all sealcoating and asphalt contractors will have different rates for everything. However, regardless of this, these items will still have a large influence on the final cost.
Size of Parking Lot
This may be the most obvious of items that will affect the cost of sealcoating your parking lot, however it is still one of the most important items. The size of your parking lot is going to influence a lot of other factors that determine the cost of sealcoating work. For example, the larger your lot, the more labor is going to be needed to complete the job along with more materials.
Labor Costs
The labor needs required to complete your asphalt sealcoating job is going to affect the overall cost. An asphalt contractor is going to utilize a crew to complete your sealcoating job. The cost of labor can be influenced by the skill level of each worker, their experience, and average work pace. While the standard rate of labor will vary by contractor, be sure to look for this line item on your estimate as it is a key influence of the overall cost to sealcoat.
Material Cost
Your sealcoating contractor will include the cost of materials in the final cost of sealcoating your parking lot. Of course, there is a cost of the sealcoat itself that will be included along with any repair materials. In addition to the cost of the raw materials, your contractor will likely factor in the cost of machinery, tools, and other material costs to the final price. Understanding this as a business owner or property manager will help you justify the final cost of having your parking lot sealcoated. While material costs may appear to be high, factoring these items in along with considering the size of your parking lot should help you further understand.
Complexity of the Parking Lot
There are several items that can make your parking lot complex and all of them will affect the cost of sealcoating. For example, parking curbs or bumpers add a lot of complexity to sealcoating as they will need to be moved. Or if there are areas with trees planted, grass spaces, signage, or simply a lot of curbs, the sealcoating job will be more complex. A parking lot that is wide open and flat may not be as complex. Consider the complexity of your parking lot while reviewing the cost of sealcoating.
Talk To Professional
If your parking lot is in need of repair and sealcoating, contact Toste Construction. We will assess your parking lot and provide you with a FREE estimate to complete all necessary work.
Toste Construction specializes in sealcoating and crack filling to ensure you and your customers have a smooth surface to drive on. We are your Mooresville asphalt and pavement maintenance company. Our services include asphalt sealcoating, striping, patching, pothole repair and crack filling for both residential and commercial projects throughout western North Carolina.