Our parking lot is perhaps the most expensive investment on the property, so whatever you can do to extend its life (and hence reduce its life-cycle cost) helps you get more bang for your buck. According to research, a well managed 10,000-square-foot parking lot can save a property management $120,000 over a 15-year period when compared to the same parking lot that is not maintained. What does that have to do with sealcoating and adequate pavement maintenance? But there’s one more advantage to sealcoating: aesthetics, or “curb appeal.”You want your property to look its best, whether it’s for commercial tenants, consumers, or residents of your apartment building, condominium, or homeowners’ association. Sealcoating gives your parking lot a fresh, black, clean appearance, and when combined with new pavement marking, it looks fantastic. Most of the time, there is so much parking around or in front of the business that it is the first thing people notice. So, by regularly sealcoating and striping, you are allowing your property to make a wonderful first impression. Sealcoating and striping are two of the simplest and most cost-effective ways to improve the appearance of your home. While sealcoating can help your pavement in a variety of ways, it is crucial to remember that it is not a structural improvement. Sealcoating your pavement is analogous to painting your house: it preserves and improves the appearance while providing no structural advantage.