If one chooses to protect his / her asphalt surfaces with a seal coating and crack sealing, the life of the asphalt can at least be doubled and many times tripled at a fraction of the overlay costs.
In fact, an estimate from the Asphalt Institute for the cost of an asphalt parking lot over a 15-year period for an unmaintained surface is $39.07 per square yard.
If one gets on a regular maintenance program of seal coating every three years, the cost is $23.84 per square yard. In real terms, if you have a parking lot of 3000 square yards, a savings of $45, 690 over 15 years or $3046 per year will result.
Besides savings in money, another great advantage of seal coating is that a well-maintained property increases the value of your property and is more pleasing to your patrons.
The first impression of possible tenants or customers is the parking lot. Is it maintained? Does it look nice? Is it safe? They think to themselves, "If they maintain their parking then they probably maintain their apartments and condominiums."
It is proven by marketing studies and we are sure from your own personal experience, that a well-maintained property leads to higher occupancy rates, less turnover, and overall greater satisfaction. To learn about the benefits, reach out to T. Townsley Seal Coating & Repairs.
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