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A land survey gives you information about the property boundaries, easements on the plot, dimensions, and, in some cases, topographical information. A land appraisal will often take these figures into account, but the purpose of a land appraisal is to determine the value of the land rather than the physical specifications.

If you or your mortgage lender think your land survey needs to be more accurate, double-check the survey report and get at least a second opinion from the original surveyor and an inspector, if possible. Although it’s unlikely, even reputable surveying companies can make mistakes. An inaccurate survey can cause problems down the road in the case of any property line disputes, so it’s best to resolve any inaccuracies as quickly as possible.

Professional well contractors may use electromagnetic mapping to look for places with a high likelihood of water. Water access can vary significantly, even on the same property, so it can be difficult to know where to drill if you don’t have specialized tools to look for water.

ALTA/ACSM surveys are the most comprehensive type of land survey and, as such, tend to be the most expensive. These surveys have standardized guidelines and reports and are used in many kinds of real estate transactions to ensure consistent and accurate information is available for properties.