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Cost of Parking Lot Renovation in Roanoke

Renovating a parking lot in Roanoke, VA, can be a significant investment, but it's essential for maintaining a safe and functional space for vehicles. Whether you're dealing with cracks, potholes, or outdated layouts, understanding the costs involved can help you budget effectively and ensure a successful renovation project.

Factors Affecting Cost

  • Size of the Parking Lot: Larger lots require more materials and labor.
  • Current Condition: Extensive damage or deterioration can increase costs.
  • Type of Materials Used: Asphalt, concrete, and other materials have varying price points.
  • Labor Costs: Rates can vary based on local wage standards in Roanoke, VA.
  • Permits and Regulations: Compliance with local laws may add to the overall expense.
  • Drainage and Grading: Necessary adjustments can significantly impact costs.
  • Additional Features: Lighting, signage, and landscaping can add to the total.

Average Costs for Common Tasks

Task Average Cost in Roanoke, VA
Asphalt Resurfacing $2.50 - $4.00 per square foot
Concrete Repair $3.00 - $6.00 per square foot
Sealcoating $0.15 - $0.30 per square foot
Line Striping $300 - $500 per lot
Pothole Repair $50 - $150 per pothole
Drainage Installation $1,000 - $3,000
Lighting Installation $2,000 - $5,000
Signage $100 - $500 per sign

Parking Lot Renovation