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4 Ways to Combat Rising Asphalt Prices in Ontario

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Asphalt prices have been on a steady climb since 2018, with no signs of slowing down.

Whether you’re looking to start construction on a brand new parking lot, build an addition, or perform routine maintenance and repairs on an existing asphalt surface, the best time to address your asphalt paving, maintenance, and repair needs is now.

Here are some different ways in which you can combat Ontario’s rising asphalt costs.

1. Get quotes from multiple contractors

With asphalt prices continuing to rise, it’s more important than ever to shop around with different contractors in search of a competitive price.

If you’re the type of person who only ever gets one or two quotes before committing to a contractor, you may want to do a little extra homework this time around.

Get multiple quotes and compare the costs and services of each. While you certainly don’t want to sacrifice quality for cost, finding a solid contractor that can perform the work at a fair price will allow you to offset the industry’s rising costs overall.

2. Lock in your projects now

Whether it’s the stock market or gas prices, we often like to wait for the moment when prices finally fall to strike. In the case of your asphalt paving or maintenance needs, while it may be tempting to hold out until prices drop, there is the unlikelihood of that happening any time soon. In fact, waiting could cause you to lose even more money in the long run.

Instead, work quickly to lock in your projects as soon as possible. As a result, you’ll be able to secure asphalt prices while they are much lower than they are likely to be in the coming months.

3. Stay on top of maintenance

Once your asphalt has been fully paved, it’s critical that you perform routine maintenance on your new surface. Neglecting maintenance typically leads to more severe damage, which is only going to result in higher repair costs.

If you don’t already have a maintenance schedule, it’s wise to create one with your asphalt contractor. While you might not know when maintenance is needed, your contractor will know exactly when it’s time to perform preventative maintenance functions such as sealcoating and crack sealing.

4. Get your repairs done early in the year

If you’ve had your asphalt surface for a while and it’s starting to show signs of wear and tear, you might be anticipating the need for repairs. In this case, make every effort to perform those repairs before Ontario’s dreaded winter season hits.

Leaving your asphalt vulnerable to cold weather, rain, and snow will cause it to break down faster and be damaged further by salt, plows, and other equipment.

Performing your repairs early in the year, on the other hand, will allow you to restore your surface to top condition and protect it to withstand the cold weather.

Need to lock in professional asphalt paving services before Ontario’s asphalt costs climb even higher? Get in touch with the team at Empire Paving today. We’d be happy to provide you with a free quote for your next project!