this post was submitted on 07 Sep 2023
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Way more. I'm working on a road project now. Asphalt for a road (100mm thick) is being bid at approximately $35/sq.m. Granular are about an extra $30/sq.m.
For a standard residential size road (8.5m curb to curb) that puts you at $552/m of road length, or 33mil. The big costs on top of that number always come when you've got to remove the old asphalt and gravel ($75/cu.m), as well as all the fiddly little stuff like line painting, tying in grades to make sure you have drainage, sod restoration, tree plantings, etc.