Need An Morgantown Paving Company For Capital Improvements?
Investing in capital improvements for your property isn’t something you should take lightly. Improvements can affect your bottom line, increasing your property’s value while benefiting your business. You can make many improvements, but one of the most impactful is commercial paving. Asphalt paving in Morgantown is a game-changer for all types of companies. However, to ensure you’re the right investment, you must work with a skilled Morgantown paving company with the expertise to deliver lasting results.
What Is a Capital Improvement, and Does Service from a Morgantown Paving Company Qualify?
Under the federal tax code, a capital improvement is an investment that adds significant value to a property. The improvement must extend the property’s useful life and be a permanent fixture. If you were to remove this feature, the property would suffer substantial damage.
According to that definition, asphalt paving in Morgantown fits the bill. New asphalt pavement from a skilled paving company is a permanent fixture that directly impacts a property’s functionality. It requires major modification and investment. Most repair and maintenance services performed by asphalt companies don’t qualify as capital improvement. However, major construction or reconstruction does.
Why Is Commercial Asphalt Paving a Great Investment?
Asphalt paving offers many benefits that can affect your business.
First, asphalt surfaces offer decades of reliability and use. Asphalt companies can turn unused land into space that you can utilize to improve your business. Asphalt is a cost-effective material for commercial paving. Furthermore, it’s easy to repair and maintain. This improvement can benefit your company for 30 years or more with proper care.
It also becomes a valuable asset. Your property alone is a major asset for your business, but new asphalt paving in Morgantown can increase its value by as much as 10 percent. The investment offers a fantastic ROI, contributing to your property’s higher market value.
What Types of Asphalt Paving Should I Consider?
Many forms of commercial paving add value and functionality to your property and business. The most common is a brand-new parking lot. Service-based companies need to attract customers. High-quality asphalt pavement accommodates drivers and transforms the usability of your property. It allows you to accept more customers, directly affecting your bottom line.
Other types of commercial paving worth considering include loading docks. These structures help make operations more efficient, and removing them could curtail productivity. Ramps, walking trails and even sports courts may also qualify. It all depends on the nature of your business. If you’re unsure about what commercial asphalt paving qualifies as a capital improvement while benefiting your business, consult a tax professional and paving company.
How Do I Choose a Morgantown Paving Company I Can Trust?
When you’re ready to start planning capital improvements, contact asphalt companies for a consultation. The best paving company will offer many years of proven experience. Ask for references, an example of past work and proof of proper licensing and insurance.
Stick with contractors that have experience with commercial asphalt paving. Working on commercial projects is more complicated than residential ones. Therefore, you need a team to help you navigate code compliance and other complex logistics while delivering a final product that meets your company’s needs.
Let Erskine Paving be your partners in all things asphalt paving. We proudly serve residential, commercial, industrial and municipal clients throughout West Virginia. We’ve completed countless capital improvement projects since opening our doors. We pride ourselves on having the highest quality standards and an ironclad quality assurance system to guarantee your satisfaction. You can turn to Erskine Paving for all your paving, maintenance and repair needs. We do new asphalt paving, resurfacing, general repairs, crack repairs, sealcoating, striping, gravel hauling, drainage, dirt work and more.
Call Erskine Paving now to discuss your project in greater detail and receive a free quote. You can reach us at (304)222-9272, email Erskinesealcoating@gmail.com or use our online form.