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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.

Measure from zero on a measuring tape by placing the metal hook right up against the edge of what you need to measure. You can also latch the hook onto an open edge—of, say, a table—to accurately measure as well. If you begin at the 1-inch mark, you'll need to subtract an inch from your total.

A boundary survey measures the boundary lines of the property, only the length of each property line and their locations. A land survey includes a more in-depth measurement of the property, including the heights and depths of the terrain measured by a topographic survey. A boundary survey is typically the most cost-effective method for marking and measuring property lines.

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.