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If you don’t have a crawl space but have a partial basement you want to make deeper, you can expect to spend a little less—between $40,000 and $90,000 on average. However, if you’re not adding new finished square footage, you won’t see much in the way of ROI.

The average cost of excavation is approximately $3,200, with typical projects ranging from $500 to $15,000. Depending on the contractor, you may be charged between $50 and $200 per cubic yard or an hourly rate of $40 to $180 for an excavation specialist. The total cost is influenced by several factors, including the project size, the amount of soil to be removed, and the soil's condition. Hard soil, tree roots, or excessive rocks and clay can increase the price, potentially adding $200 to $1,200 to the final bill. Other factors that can drive up costs include the presence of nearby structures that complicate the work or tight spaces that require manual excavation instead of heavy machinery.

A mini excavator can dig between 5 and 11 feet deep, depending on the type and size of the mini excavator. Mini hydraulic excavators are more powerful and can reach deeper into the earth, but electric models have a more limited range. Mini excavators over two tons in size are also more powerful and able to dig as deep as 11 feet.

A joint utility trench, or joint trench, is a long, buried ditch on a property that contains two or more utility lines rather than running the lines in multiple trenches. Some utilities, like gas and electric or electric and communication lines, are better suited to joint trenching, while others, like water and sewer, are not allowed to be in the same trench.