How much does parking lot repaving cost?

Costs vary by method: overlay is the cheapest, mill-and-fill is mid-range, and full reconstruction is the most expensive but longest-lasting option.

When should I choose overlay vs full reconstruction?

Overlay works for good-condition lots with minor surface wear. Full reconstruction is needed for poor-condition lots with base failure, potholes, or drainage issues.

← All Calculators

Parking Lot Calculator

Compare overlay, mill-and-fill, and full reconstruction options based on your lot area, condition, and region.

Lot Area

sq ft

Current Condition

Region

Recommended option for fair condition: Mill-and-Fill

Overlay

Total Cost

$129,375

Rate / sq ft

$2.59

Expected Life

10 years

Cost / Year of Life

$12,938

Mill-and-FillRecommended

Total Cost

$186,875

Rate / sq ft

$3.74

Expected Life

15 years

Cost / Year of Life

$12,458

Full Reconstruction

Total Cost

$373,750

Rate / sq ft

$7.47

Expected Life

25 years

Cost / Year of Life

$14,950

Get Your Paving Report

Surface comparison breakdown (PDF)
Cost per year analysis
Maintenance schedule

Need your lot paved?

Get free estimates from commercial paving contractors in your area.

No obligation. Free. Takes 30 seconds.

How This Calculator Works

Enter your lot area, current condition, and region. The calculator prices three repair strategies using industry-standard cost ranges and compares them on total cost and annualized cost per year of service life.

When to Choose Each Option

Overlay — Good condition lots with minor surface wear.
Mill-and-Fill — Fair condition with moderate cracking and rutting.
Full Reconstruction — Poor condition with base failure, potholes, or drainage issues.

Related Calculators

Self-Storage Unit Mix & Pro Forma

Revenue Optimization for Developers

Crane ROI Calculator

Buy vs. Rent Analysis for Heavy Cranes

Rehab Marketing CPA Calculator

Cost Per Admission for Treatment Centers