How Much Does Parking Lot Sealcoating Cost?

July 19, 2022
, 8:31 am
, Asphalt, asphalt maintenance, Asphalt Paving, Asphalt Sealcoating, Asphalt Sealing, Commercial Paving, Crack Filling, Driveway Sealing, Parking Lot Repair, Patching

Your parking lot is the first thing people see when they come to your business, so you want one that is inviting. One of the best investments you can make in your parking lot is sealcoating. Sealcoating protects your parking lot’s structural integrity saving you time and money in the long run. XSealer can offer you the best parking lot sealcoating for your business needs.

What Affects Sealcoating Cost

Typically, sealcoating a parking lot can cost anywhere from $0.14 to $0.25 per square foot. However, there are a number of factors that go into calculating the cost, including the following:

Mobilization

How quickly can the sealcoat be applied (and in what stages) that will give the best coverage without major disruptions to customer traffic? The number of phases is factored into the total cost.

Cleaning and preparation

For the sealcoat to work properly, the parking lot must be completely clean. How much cleaning is needed to prep your parking lot for sealcoating? Are there oil spots in the lot? Oil spots require special attention, so they don’t interfere with the sealcoating performance.

Layout

What is the design of your parking lot? The more simple the layout, the easier it is to apply the sealcoat. More complex layouts require more work, which, in turn, leads to higher costs.

Size

Finally, the size of the lot will be a major factor in overall cost. Since sealcoating is priced by the square foot, larger lots naturally cost more to cover than smaller ones.

Risks of Not Using a Professional Paver

While it is possible to apply sealcoating to your parking lot yourself, there are several risks involved when you do. Here are some reasons to choose a professional:

A professional contractor already has the requisite liability, automobile, and workman’s compensation insurance policies to cover the job at hand. If you do not have those policies yourself, you run the risk of huge out-of-pocket costs for incidences.
Contractors also have the right equipment to do the job correctly. Paving and sealcoating equipment is expensive, so it is best to use a contractor.