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Cost of Parking Lot Paving in Sherman

Parking lot paving is a significant investment for businesses and property owners in Sherman, TX. Understanding the costs involved can help in making informed decisions. This guide will break down the factors affecting the cost of parking lot paving and provide an overview of common tasks and their associated costs.

Factors Affecting Cost

  • Size of the Area: Larger areas generally cost more due to increased material and labor requirements.
  • Material Choice: Asphalt, concrete, and other materials have varying price points.
  • Thickness of Paving: Thicker paving layers offer more durability but come at a higher cost.
  • Preparation Work: Costs for grading, excavation, and site preparation can vary.
  • Drainage Requirements: Installing proper drainage systems adds to the overall expense.
  • Local Climate: Weather conditions in Sherman, TX can influence the types of materials and methods used.
  • Labor Costs: Labor rates can vary based on the complexity of the job and local market conditions.

Average Costs for

Task Average Cost (Sherman, TX)
Asphalt Paving (per sq ft) $2.50 - $4.50
Concrete Paving (per sq ft) $4.00 - $7.00
Grading and Excavation $1.00 - $2.50 per sq ft
Sealcoating (per sq ft) $0.15 - $0.25
Line Striping (per linear ft) $0.20 - $0.50
Drainage Installation $1,000 - $5,000

By understanding these factors and average costs, property owners in Sherman, TX can better plan their parking lot paving projects.

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