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Trenching is a specific kind of digging. Trenching means digging a depression in the earth that’s deeper than it is wide, often with heavy machinery. Digging refers to any kind of removal of earth in order to create a human-made depression, hole, or cut in the earth’s surface. You can dig with big tools or even with just a hand shovel.

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.

The cost to drill a well varies, with a national average of around $5,500 for a 150-foot well. However, prices can fluctuate significantly based on several factors, including your location, the required well depth, geological conditions, local regulations, and the specific drilling methods used. For the most accurate cost assessment, it is best to research and get quotes from local well-drilling professionals in your area.

Most residential basements are 8 to 10 feet deep. You can dig deeper depending on building codes, but it does become more difficult. You’ll likely need to install stronger foundation walls and additional supports to handle the increased load. Depending on the water table, you may also need a water management system. Clay soil can support a deeper foundation than sandy soil. A structural engineer will be able to tell you the maximum, feasible depth.