3 Tips to Calculate Your Budget for Asphalt Repairs
Annual planning and budgeting – the dreaded chore most companies face in January. If your company sets the budget for asphalt repairs for the year in January too, your parking lot may be covered in snow or ice. Think it's impossible to assess what you'll need for your asphalt pavement? No problem: we have some handy tips on how you can forecast the numbers for your maintenance budget without leaving your warm office!
1. Estimate the Number of Asphalt Cracks
If you have a section of your asphalt that has been plowed and is visible, find an area that is approximately 10' x 10'. Are there any pavement cracks that need to be filled in? Take a tape measure and measure how many linear feet of repairs you'll need for that 10' x 10' area.
Take the total square feet of your parking area and crunch some numbers.
Let's say you measured 6 linear feet of cracks in your sample area. With a parking lot that is 1200 square feet, you would multiply those 6 linear feet of crack repairs by 12. If your lot is 1,000 square feet, you would multiply by 10.
However, if you can't physically view the asphalt, you can also estimate by the age of the pavement.
|Age of Asphalt||Normal % of cracks|
|5 - 10 Years||~ 20%|
|10 - 15 Years||~ 35%|
|15 - 20 Years||~ 50%|
For a 1200 square feet parking lot that is 8 years old, you can expect to repair around 240 linear feet of asphalt cracks.
When doing crack repairs in Canada, you'll want to use a hot rubber crack filler that will make a watertight seal so water, ice, and snow can't penetrate underneath the surface of your asphalt. Each 50-lb box of crack filler can repair approximately 350 linear feet and Action Seal's crack filler has a shelf life of 10 years.
2. Figure Out Sealcoating Area
For parking lots that are 2-5 years old, you can add a single coat of sealer to provide protection to the pavement.
For older parking lots, two coats of asphalt sealcoat every 3 years will help keep the pavement in shape and block out harmful elements.
If you have your parking lot area from Step #1, here are some facts that will help you figure out how much sealer you'd need in the summer for sealcoating:
- A 55-gallon drum of Action Seal commercial grade sealer covers 5,500 square feet.
- If your lot is 2,500 square feet, one drum is enough for two layers of sealcoat.
If you don't have the measurements for your parking lot, you can use satellite technology to map out and measure the surface area of the asphalt pavement with Action Seal's surface area calculator. With this, you don't need to go out into the snow and cold to walk the property for measurements.
3. Do the Math on Line Striping
If you're planning on sealcoating, then you must plan on line striping to replace the parking lines that were covered over with sealcoating.
There is no standard parking dimensions in Canada, but you will want enough paint to paint over each of the parking lines you had before sealcoating. If possible, use a tape measure on an average parking lot line in your lot – it will likely fall between 16 and 20 feet. Use that measurement to figure out how many linear feet total you will need to paint in your parking lot by multiplying with the number of parking stalls. If you have double-lined parking spaces, multiply the result by 2.
No idea what size your parking lot lines are? You can use 18' as a general estimate for the parking space length.
You should now have an estimate of how many linear feet of parking lines you'll need to repaint. Each 5-gallon pail of Action Seal's line striping paint can stripe up to 1600 linear feet in one color. If you need to repaint handicap spots or any areas with a different color, you'll need to include that in your budget as well.
Finalize Your Asphalt Repair Budget
Add everything up in your spreadsheet and add a 10% buffer in case of price updates. Now you'll have a good idea of how much you need to set aside in your budget for pavement maintenance supplies when the weather in Canada heats up.
If you need help with getting equipment or supplies for doing your asphalt repairs, Action Seal provides all the tools you need (and the know-how!) to save thousands of dollars doing it yourself when it's convenient for you. Call us at (855)554-4386 or contact us to discuss your needs.