Deep Well Value

Tom in Mo. · Jul 16, 2020

Opinions on the value of a deep well, excellent water, residential use. Just the drilled well value with no pump or tank. 110' with 90' of water.
I have a lot that is level and ready for building that has a good, drilled well and am curious as to what it adds verses just a bare lot.
Central Missouri.

560Dennis · Jul 16, 2020

Here in Ohio it’s does the lot pass septic requirements, If not don’t even consider .

Traditional Farmer · Jul 16, 2020

I'd guess the coast of drilling a well plus any value added to resolve the question of whether water can be found there or not.An issue some places not an issue in others.Not really a deep well my well is about 350 ft deep not uncommon in my area.

ss55 · Jul 16, 2020

I would ask a local realtor or a local appraiser. In some places it could be worth a quite a lot, in other situations it could be a liability.

John in Mich · Jul 16, 2020

Not knowing the area, I would say a minimum added value would be the cost to drill a well at time of
sale. Local zoning, codes and restrictions certainly play a part in land value.
The biggie in land value is: location, location, location. Next, in my mind, is schools, shopping and
proximity to medical facilities.
When we bought our 6 acres in 1983 our 3 kids were still in school. We did not want to change districts
so that narrowed our search area. We built our house in 1984.
We wanted natural gas for heat. We wanted municiple water if we could get it. Why?
Gas was (and is in my opinion) economical plus, we can get some heat if electricity is off. This was
before everyone was buying generators (we have one now).
Water has been constant. No electricity, no water. There was a 16" main in the road supplying 2
prisons to my west and then a Toyota Technical Center was added.
Sewer: didn't want it and don't have it. We have been 36 years on a septic system. We have it pumped
out and inspected every 5 years. Working great.
Shopping and medical facilities are 4 and 6 miles away.
When I was working, I had an 8 mile commute.
Life is good.

Janicholson · Jul 16, 2020

The cost would be in the $6000 range the value because of good water and the ability to advertise it as having a good producing well would be easily
$10,000. I know Some weel facts from experience and 71 years of dealing with them from 1200 foot 12" wells, to hand driven 16 foot sand points. My
last was 550' and cost ~$20,000 in today's dollars. Jim

steve_in_mo · Jul 16, 2020

I am curious, since I live in Central Mo also.
I would not consider 110 feet a deep well, and 90 feet of
water might indicate the lot is in the Missouri River bottom.

If you're trying to price your lot to compete against the next
lot over that is like yours but without the well, the value would
be some percentage of the cost to bring in a good well.

Did you have the water tested? A well with bad water, with bacteria
or nitrate contamination for example, would reduce the value of
the lot, or could even make it worthless as a building lot unless
you can get hooked up to city or district water.

The overall value of a building lot is going to vary quite a bit,
and that mostly based on its location and its neighbors. An appraisal
would help you.

Tom in Mo. · Jul 16, 2020

Thanks. I understand the variables and it is a pretty wide open question. I am agreeing with Jim on the $10k figure.
Steve, this is Meramec River bottom. About four feet of soil on top of limestone. I currently have two identical producing wells that have the best ice cold water I've ever drank. No softeners or filters needed.

David G · Jul 16, 2020

I would assume it would add the cost of the well to to price, as long as water tests well.

buickanddeere · Jul 16, 2020

(quoted from post at 09:12:13 07/16/20) I am curious, since I live in Central Mo also.
I would not consider 110 feet a deep well, and 90 feet of
water might indicate the lot is in the Missouri River bottom.

Not so . My place is within sight of Lake Huron , 200 ft above lake level . Well is 99ft and stops at the bedrock . 80ft of clay overburden and 19ft if gravel aquifer . Would have been artisan if drilled below the knoll the house is built on .
Sweet spring water and the water softener is set to 2 grains of hardness .

Roger Tomfohrde · Jul 16, 2020

We drilled 400 feet to get to bedrock in Minnesota. Water is not as good with minerals and iron.

M-MAN · Jul 16, 2020

Don't think it would add anything other
than the drilling cost.

It's awful shallow for a drilled well.
Even 90 ft doesn't allow much reserve on
a drilled well. If I was in the market I
would have to pass and find a suitable
location where I could have a deep well
drilled. Around here 300 ft is the
normal if you have to drill.

Mine is a 36 in bored well. 100 ft deep
with a 50 ft head.

Vicinalvictor · Jul 16, 2020

According to Google, 35-84 dollars per foot.

1948CaseVAI · Jul 16, 2020

If rural water system is available to the lot you will not recover your cost of drilling. People today are antsy about chemicals and pollution in their water and they want some utility to be responsible for their water quality.

If no rural water you may get much of the cost of drilling back, but not likely all for a relatively shallow well that the purchaser did not get to site where he/she wants it.

caterpillar guy · Jul 16, 2020

Deep well depends on location. Michigan that is an about average depth for wells. San Louis Valley CO wells are closer to 200to 1000 feet deep or more maybe. Been a long time since I was there like 30 years now. They were putting in wells for Irrigation. 12-18 inch diameter maybe.

David G · Jul 16, 2020

Wells around here are 200-400', mine is 285, so around here that would be a shallow well and prone to surface water contamination.

buickanddeere · Jul 16, 2020

(quoted from post at 10:05:36 07/16/20) Don't think it would add anything other
than the drilling cost.

It's awful shallow for a drilled well.
Even 90 ft doesn't allow much reserve on
a drilled well. If I was in the market I
would have to pass and find a suitable
location where I could have a deep well
drilled. Around here 300 ft is the
normal if you have to drill.

Mine is a 36 in bored well. 100 ft deep
with a 50 ft head.

During dry spells I have watered the tree plantation at 10gpm from sunrise to sun set . At the end of the day the well while still pumping was 6 inches lower than it was that morning prior to turning on the taps .
I closed the taps and waited a couple of minutes after the pump filled the pressure tank and shut off .
Water height was right back to 22ft like it was that morning .

SVcummins · Jul 16, 2020

Deep depends a lot on where you are out my summer range I
have a 150 foot deep well and I pull water from it with a one
inch pump with a 12 foot suction hose and I’ve never ever not
reached water with it . In the spring water comes out the top
for about 30 to 45 days it’s a 24 inch diameter hole

casecollectorsc · Jul 16, 2020

Have a bored 32' well for irrigation. Some years static level is 8'. Pumping 650 gallons per minute it drops about 4'...don't have a clue the
value of this well.

Centerplate · Jul 16, 2020

(quoted from post at 05:33:21 07/16/20) Opinions on the value of a deep well, excellent water, residential use. Just the drilled well value with no pump or tank. 110' with 90' of water.
I have a lot that is level and ready for building that has a good, drilled well and am curious as to what it adds verses just a bare lot.
Central Missouri.

I would want to know how old the well is and how deep it was cased. Maybe good to know the driller. Do you have a water test on it?

larbear · Jul 16, 2020

In the realm I am blessed to live in, five miles from lake St Clair on the Canadian side, our well is 60 feet or so to the rock. I wonder when your well is
hundreds of feet deep, what are you going through to get there. In the Okanagan in BC I know they go 250 feet to get to water. Much different terrain than here.
I've been told by water people that my water is lake Huron water. I love it and not everyone around here has it or water for that matter.

4520BW · Jul 16, 2020

Around here anything over 50 is deep. The wells that feed the pivots are not even a 100 feet deep. Most houses just dive a point about 30 feet and have ample water.

buickanddeere · Jul 16, 2020

(quoted from post at 09:12:13 07/16/20) I am curious, since I live in Central Mo also.
I would not consider 110 feet a deep well, and 90 feet of
water might indicate the lot is in the Missouri River bottom.

If you're trying to price your lot to compete against the next
lot over that is like yours but without the well, the value would
be some percentage of the cost to bring in a good well.

Did you have the water tested? A well with bad water, with bacteria
or nitrate contamination for example, would reduce the value of
the lot, or could even make it worthless as a building lot unless
you can get hooked up to city or district water.

The overall value of a building lot is going to vary quite a bit,
and that mostly based on its location and its neighbors. An appraisal
would help you.

My well is within sight of Lake Huron and is 210 ft above lake level . 99 ft of Well casing that stops at the bedrock . 80 ft of clay and then 19 ft of gravel aquifer on top of the rock . .
If the well had been drilled on a lower portion of the property it would have been artisan .
Measured the water level to be 22ft at 6:00AM and started pumping 10gpm to water the tree orchard until 9:00PM . Measured the water level while the pump was running at 8:58 PM and was 22-1/2 ft below the surface . Closed the valves and let the pump charge the pressure tank. At 9:05 the water level had Recovered to 22ft . Casing is 5 diameter .
Hardness is around 1.0 grain . We have a water softener but it However it only needs a bag of salt every couple of months . Neighbour has a 365ft well deep . Water smells like sulphur and turn the fixtures orange if the water softener is not operating .
So conditions do vary With location . If a 90ft well is enough or not .

David G · Jul 16, 2020

Rock generally slopes, so your rock will be so many feet deep somewhere else. In Iowa it slopes up to the east, so rock that is couple thousand feet deep in western Iowa will come up in Illinois.

wingnuttx · Jul 16, 2020

Resale.... Should you choose to ever go that route. Folks love lots that already have water and electricity. Build it into the sel price to recover money.

Bruce(OR) · Jul 16, 2020

I suspect you could have used a shovel for that. Our well is about 480 and the fella down the road is about 960. Once you start going down
the thought of a liner comes to mind fairly quick. Don't need an earthquake killing your well too easily.

glennster · Jul 16, 2020

i would guess, if it was a typical installation, 8 to 10 grand to poke the hole and set the casing. if it was an easy peasy, maybe 6 to 7 grand. if it was a
tough one, maybe 15 grand. now if i was having the well drilled, my luck they would hit some kind of underground toxic waste dump or something and
id get stuck paying cleanup.

Tom in CO · Jul 16, 2020

I don't think how deep or how shallow your well is, but how much water it produces.
Quality of water, and static level is also important. Our well is 600 ft. deep and after hydro fracturing it,
it only produces 1 gallon per minute. Several neighbors are around 900ft deep,
and only get 6 gallons an hour. lots of cisterns around our neighborhood.
A vacant lot of land with a well that produces good, is a good selling point for potential buyers.
Interested parties will see that they they don't have to go through the process of getting
a well drilled. Get the gpm, static level and health dept test.
Tom

Tom in Mo. · Jul 17, 2020

Thanks for all the input. All three of my wells are the very same. 110 feet, cold, clear, springlike water. I had a renter gal years ago that let her toilet run for months without telling me. I didn't know it until I noticed the drain field was staying soggy saturated. Never ran out of water. I've been using ours at the homeplace for 40 years and never ran out or low. GREAT wells, all three.

Deep Well Value

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