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Driveway resurfacing is an attractive, long-lasting and cost-effective option for renewing an old asphalt driveway. A typical project involves repairing and preparing the old driveway surface and applying a 1 -inch or thicker layer of new hot mix asphalt (or blacktop, the same stuff used on roadways).he cost of driveway resurfacing ranges widely and may start as low as $1 per square foot and go up to over $3 per square foot.
Prices for asphalt sealing generally range from $0.08 to $0.30 per square foot. It also costs from $0.50 to $1.00 per linear foot to fill cracks with asphalt crack filler. These prices are significantly less than the price of asphalt driveway replacement.or Handy Andy to come out ahead, let's take a look at what he'll spend on upkeep. The most important part in avoiding a new driveway paving is to sealcoat every 2 to 3 years. That same 600 square feet will cost around $130 to seal. That's an asphalt driveway maintenance cost of $1,560.