Purchasing land for an investment or building can be a good way to spend money. One of the best ways to improve your land and increase its value is to make sure there is access to water. If you are nowhere near city water sources, this will involve having a well built, and you'll need professional help to locate the best place on the lot to find well water. It's not always as simple as hiring someone, there are a few steps you'll want to know about before moving forward.
Get Some Bids from Contractors
Contractors who drill for water and build wells will be able to help you a lot during this process. Before getting that help, however, you'll want to approach hiring a well contractor like you would building a house or other big projects: interview and get bids from at least two or three contractors. The nice thing about this process is that you'll be able to learn more about how each contractor will approach finding water on your property and get an idea of the full cost of the project. You can usually negotiate the price once you have a clear idea of what local contractors typically cost.
Get the Proper Permit
In most areas, you will not be able to just have a well built. You will be required to get a permit to build a well on your land. The rules and cost for a well permit will differ in different states and cities, but it isn't very expensive. In some cases, your contractor may be able to obtain the permit for the building project, so you will not have to worry about it. They will simply add the cost of the permit to the overall cost of the project. Building a well without a permit could get the project shut down or you could get a fine if you don't get the proper permissions, so it's important to find out what permissions are needed before building.
Purchase Water Rights
Another important part of the process is to purchase access to the water. If you are outside of the city limits and require a well, you will likely need to obtain a water right for your land. If you are in a desert area, this can be expensive. Making sure you have rights to the water will prevent you from getting into trouble with the law. Buying water rights is a similar process to buying land in most areas, and you can usually find the water rights you need by working with a real estate agent.
Taking the proper steps to build a well and access water on your land will add a lot of value. Whether you want to sell the land now or in the future, it will be much easier if you already have access to water.
Reach out to a service provider to learn more about how to find well water.