Asphalt Driveway Pricing in Minnesota: Cost, Lifespan, & Value Answers

If you’re considering updating your driveway, you likely have several key questions about asphalt pricing, longevity, and overall value. At J&W Asphalt, we believe in transparency — helping Minnesota homeowners understand what goes into the cost of asphalt paving, and why it remains one of the best long-term investments for your home.

Find answers here to some of the most common questions about asphalt driveways!

Understanding asphalt driveway pricing helps you plan your project confidently and avoid unexpected costs.

How Much Does It Cost to Replace an Asphalt Driveway?

The cost to replace an asphalt driveway can vary depending on the size, slope, and condition of your current driveway, as well as local material and labor costs. 

In general, Minnesota homeowners can expect to pay between $5 and $10 per square foot for a full asphalt driveway replacement.

That means a typical two-car driveway (around 600–800 square feet) might cost between $3,000 and $8,000.

Factors that can influence price include:

• Removing an old or damaged surface

• Driveway length, width, and thickness

• The need for grading or base repairs

At J&W Asphalt, we always provide free, no-obligation estimates, so you know exactly what to expect before work begins. 

• If you’re also choosing a contractor, check out our expert guide for hiring a paving company to make sure you’re getting quality and value.

Is It Cheaper to Repair or Replace an Asphalt Driveway?

In most cases, repairs are more affordable in the short term, especially if the damage is limited to cracks, small potholes, or surface wear.

However, if your asphalt has widespread cracking, drainage issues, or significant base failure, replacement may actually be the more cost-effective long-term option. Repairing severely damaged asphalt often leads to recurring maintenance costs — whereas a full replacement resets the clock on your driveway’s lifespan.

Not sure which route to take? Our team can assess your driveway’s condition and help you make the most economical and durable choice.

• To help you decide, we’ve outlined the signs it’s time for paving replacement, so you know when replacement makes more sense than ongoing repairs.

What’s the Average Lifespan of an Asphalt Driveway?

A properly installed and maintained asphalt driveway typically lasts 20 to 30 years in Minnesota’s climate. 

Regular maintenance, like cracksealing every 3–5 years, can help your surface last even longer. 

The key factors that affect lifespan include:

• Quality of installation and base prep

• Drainage and slope design

• Frequency of maintenance

• Weather exposure and usage

When J&W Asphalt installs a new driveway, we focus on proper compaction, base stability, and drainage — three elements that ensure a smoother surface and a longer life. 

• Want all the details on asphalt longevity? Here’s how long asphalt lasts, explained by our team.

• Follow our general guidelines for asphalt driveways to protect your investment year after year.

• Our post on winter preparation for asphalt driveways gives you tips specific to Minnesota weather to extend life and performance.

Does Asphalt Increase Home Value Compared to Concrete?

Yes — a well-maintained asphalt driveway can increase curb appeal and overall home value, often at a lower cost than concrete. Asphalt provides a clean, finished look that complements a variety of home styles, and its smooth, dark surface offers excellent visual contrast.

In addition to aesthetics, buyers appreciate asphalt’s durability, flexibility, and easier maintenance. Concrete may last longer in mild climates, but in areas like Minnesota — where freeze-thaw cycles are tough on surfaces — asphalt often performs better and is more cost-efficient to repair.

In short: asphalt offers a strong return on investment by improving both the look and usability of your property without breaking the bank.

• For a deeper comparison, take a look at our post on asphalt vs concrete driveways in Minnesota’s climate.

Get Clear Answers & Honest Pricing From J&W Asphalt

At J&W Asphalt in Burnsville, Minnesota, we’ve been helping Twin Cities homeowners maintain, repair, and upgrade their driveways since 1976. 

Whether you’re ready for a full replacement or just exploring repair options, our team can provide personalized recommendations and transparent pricing that fit your needs and budget.

Request a free estimate today and see why homeowners in Eden Prairie, Lakeville, and across the greater metro area continue to trust us for reliable asphalt solutions built to last.