Digging out a basement takes anywhere from a few days to a few months. Most projects take at least two to five weeks, but it could take several months if you encounter obstacles. This project takes longer if you need to brace or raise your home before the excavation. Digging out a basement in new construction can take as little as three days.

Drilled wells have a pipe sticking up that’s covered in a plastic or metal casing. On the other hand, a dug well will look like a big hole in the ground and is more similar to what you’d see in a fantasy or Western movie. If you want to be sure, contact the city for documentation on your property’s construction and excavation history. 

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.

Depth is not a qualifying component of evacuation. Any human-made cut, cavity, or depression in the earth’s surface is considered excavation. The hole from excavation can be any size, shape, or depth. Excavation is used to create foundations, reservoirs, drainage ditches, and roads. Long, narrow excavations are called trenches and are often used for underground utilities.