Property Managers Asphalt Paving Planning Budget for 2025
Asphalt paving can benefit properties in many ways. Whether you manage a retail center, apartment complex, office park or any other property with expansive paved surfaces, you must make room in your annual budget to keep all pavement looking its best. Here’s what you need to know about creating a successful asphalt paving planning budget.
Why Budget for Paving?
A rock-solid asphalt paving budget ensures you’re allocating enough funds to cover all your needs throughout the year. Asphalt paving is a big investment, and it requires ongoing maintenance and repair services to keep it in good shape. A strong property managers budget should include enough funds to cover your bases, ensuring your pavement receives all the attention it needs regarding maintenance, repair, etc. However, it should also include more extensive services you may plan to have in 2025, such as reconstruction or new paving.
What Services Should I Consider When Building an Asphalt Planning Budget?
What your property managers budget includes depends on your plans for 2025.
If your property needs new construction, expect your budget for asphalt paving to be higher in 2025. Chicago asphalt paving is a wise investment that can enhance your property in many ways. Still, it’s important to consult with a reputable paving company to understand the costs of constructing new surfaces. You must consider many factors when building a budget for asphalt paving, including the overall design of your surface, thickness, intended use, etc.
Ongoing maintenance is a non-negotiable part of your annual asphalt paving budget for all your existing pavement. Property managers’ asphalt maintenance budgets should always include funds for:
•Asphalt Sealcoating: Sealcoating is a preventative maintenance service that shields your paving from weather, wear and more. Depending on your pavement’s current condition, most contractors recommend property managers asphalt maintenance plans include sealcoating every three to five years.
•Crack Repair: Cracks need mending at least once a year. Even small voids can worsen over time, inviting water to penetrate your pavement’s foundation. A good property managers budget will include annual funds for crack-filling and sealing.
•Damage Repair: Damage can occur at any time throughout the year and often comes when you don’t expect it. Issues like potholes, alligator cracking, drainage problems and more require immediate attention. Therefore, property managers asphalt maintenance budgets should have extra funds to address damage as it occurs.
Beyond standard maintenance, your Chicago asphalt paving may require extra attention, such as resurfacing, fresh line-striping and more. Consider your pavement’s current condition to determine what services it may need in 2025.
Why Work with Expert Contractors When Developing a Budget?
The best thing you can do when creating an asphalt paving budget is to work with an experienced contractor. Whether your asphalt paving budget only requires preventative maintenance or you’re planning for a large-scale construction project, contractors can guide you in the right direction. They understand the logistics involved with new paving, maintenance, repairs and more.
Contractors can perform annual inspections on your existing pavement. During those visits, they can catch issues early and make valuable recommendations that help you develop an accurate budget.
Let Black Hawk Paving & Construction be your trusted partner in all things Chicago asphalt paving. We’ve served the Greater Chicagoland community for nearly half a century, building a strong reputation for our client-focused services. We understand that construction, maintenance and repairs can disrupt your business, so we work hard to serve you while being sensitive to your needs. You can trust us to deliver great results. Our services include new asphalt paving, milling and grinding, sealcoating, repairs, pavement markings and more.
Call Black Hawk Paving & Construction at (708)578-6813 for a free quote. You can also reach out using our online contact form or email info@blackhawkpaving.com.
