Property Manager Guide

Need to Know Tips for How To Properly Budget Parking Lot Maintenance

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1
Budget

The life expectancy of a properly designed, installed and maintained parking lot ranges from 15 to 20+ years. You may need to budget for a higher upfront cost, but this wont be the case for your budget for years to follow. You will be relieved after knowing that the cost was a longterm investment that you wont have to worry about for awhile.

2
Proactive

Following upfront costs, you must plan ahead for preventative maintenance that will continue to maintain your pavement. This is essential.

3
Aesthetics

If pavement is new, budget to have striped annually followed by sealcoating and cracksealing every 2-3 years to keep pavement properly maintained and looking great as well.

4
Necessity

Sealcoating is essential to preserving your asphalt surface and is a great way to give your property visual appeal. Make sure it is in your budget.

5
Decade

Every 10 years you should budget for a major restoration of high traffic pavement areas. Many asphalt pavements requires some sort of work or renovation after 10 years.

6
Identify

If your aspahlt parking lot is large, consider phasing repairs over a 1-2 year span. Making timely repairs on surface problems in small areas will extend the life of your pavement and not put too much strain to your budget.

7
Estimate

It is important that you evaluate the state of your parking lot atleast once a year. Consider what damages to your pavement are visible and how urgent the damages need to be repaired.

Some common pavement issues that lead to repairs are as follows:

Damage:

Cracks, larger than 1/4 inch

Faded Asphalt

Alligatoring

Potholes/Surface Damage

Services Needed:

Crack Filling

Sealcoating/Restriping

Resurfacing

Infrared Asphalt Repairs

It is important that you work with one contractor who understands your needs and can guide you through a plan that works and makes sense for your budget, but is also executed well.

Working with an experienced and trusted contractor like Atlantic Southern Paving & Sealcoating can help you through each of these steps and have you on your way to a smooth running maintenance plan for your parking lot.

If you need more budgeting and parking lot maintenance advice, call one of our professionals today!

Asphalt Paving Companies

954-518-4315