driveway repaving cost estimate
1 If the damage is extensive, repaving may be necessary. 2  A newly paved driveway can cost $600-$3,000 for gravel, macadam or black asphalt for a small 12x50 (600 square foot) surface, and can run two to three times as much for materials like concrete or cobblestones. If the damage is extensive, repaving may be necessary. 2  A newly paved driveway can cost $600-$3,000 for gravel, macadam or black asphalt for a small 12x50 (600 square foot) surface, and can run two to three times as much for materials like concrete or cobblestones.