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Cost of Parking Lot Asphalting in Champaign

Parking lot asphalting in Champaign, IL, involves various factors that can influence the overall cost. Whether you are a business owner looking to pave a new parking area or a property manager needing to resurface an existing lot, understanding the cost components can help you budget effectively.

Factors Affecting Cost

  • Size of the Parking Lot: Larger areas require more materials and labor, increasing the total cost.
  • Asphalt Thickness: Thicker asphalt layers provide more durability but also cost more.
  • Base Preparation: Proper base preparation is crucial for longevity and can vary in cost depending on the condition of the existing surface.
  • Drainage Requirements: Installing proper drainage systems can add to the overall expense.
  • Accessibility: Easy-to-access locations may reduce labor costs, while difficult-to-reach areas can increase them.
  • Local Labor Rates: Labor costs can vary based on local economic conditions and availability of skilled workers.
  • Permits and Regulations: Compliance with local regulations and obtaining necessary permits can add to the cost.

Average Costs for Common Tasks

Task Cost Range (Champaign, IL)
Base Preparation $1.50 - $2.50 per sq ft
Asphalt Paving (2-inch) $3.00 - $4.00 per sq ft
Asphalt Resurfacing $2.00 - $3.00 per sq ft
Sealcoating $0.15 - $0.25 per sq ft
Line Striping $0.20 - $0.30 per linear ft
Drainage Installation $500 - $2,000 per system

Understanding these factors and common costs can help you plan and budget for your parking lot asphalting project in Champaign, IL.

Parking Lot Asphalting