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As long as the well has adequate water to service both properties and there is written agreement guaranteeing the water, then my experience is that it does not impact marketablity or value.
Yes, there are limits on how much water you can access from your well within a designated amount of time. These limits are in place to ensure that groundwater supplies stay steady. There can be slight variations from place to place, but in general, a residence can use five gallons of water per minute.
Because shared wells serve two to four households, the rate of wear they experience will be much greater, resulting in the need for more frequent repairs and maintenance. Homeowners who share the benefits of the well should also share in the cost to fix it, maintain it, or replace it.
The maximum water use at any given time may not exceed 45% of the most recently determined well maximum flow rate in gallons per minute.
The Pros of a Shared Well Additionally, the ability to share the cost of Well or Well Pump Repair Expenses and other related expenses such as water testing can be quite attractive. Also, in some cases, a property may need to undergo significant modification just to allow drilling of a new well.
By definition, a shared well is a well that services more than one home whether its for residential or irrigation purposes. They can service up to two or more homes, and if there were more than four, then it would be classified as a community well.
A shared well agreement is a legal document that is used to create an agreement between two or more property owners who share access to a common well. This agreement outlines the rights and responsibilities of each party involved in the shared well.
How to Increase Water Pressure in A Shared Well. If you notice any fluctuation in water pressure at one source when another source is turned on, then you need to a constant pressure system. This system helps to keep the water pressure steady when multiple faucets are in use at the same time.