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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.

If a buyer pays for a survey, the surveyor they hired will only provide results to them. It’s up to the buyer whether they share the survey results with the seller or not, even if they ultimately walk away from the deal. It’s considered good faith to share the results with the seller, though, especially if you back out of the deal, as the seller can then provide that survey to future interested parties.

There are a couple of ways you can determine the depth of your well. One method is to use a device called a well sounder. This tool has a long measuring tape containing a sensor to alert you once the end reaches the water. 

Or you can DIY it by using a long tape measure with a half-filled bottle of water attached to it. Lower the tape measure into your well. Once you feel tension on the tape, you’ll know the bottle has reached your static water level. This will give you an approximate idea of your well’s depth.

When considering the price of drilling a well, factor in how much you’ll save in water costs per year. The average family of four uses 100 gallons of water per person per day in the U.S. With a private water well, you can save hundreds each year.

Wells are also environmentally friendly. You don’t need to worry about drinking water treated with chemicals. Talk to at least three well pump contractors in your area. They’ll be able to tell you more about your options, give you different quotes, and discuss the biggest concerns.