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Excavation Prices. Excavation can cost a variety of prices. It is very difficult to pin down specific costs for this because it is so area specific. It could cost $85 to $125 per hour for residential excavation work.That is, if you can find someone to do a job by the hour.n excavation company will charge somewhere between $80 and $200 per square yard. It depends a lot on geographic location, the layout of the lot, and challenges that may be present for the particular job. After hearing speaking to excavation companies you will be hard-pressed to have them quote you an hourly rate.
Here are some numbers you can use for your pond or lake project. To move or excavate dirt to build or dig a pond, you can expect to pay roughly $2.50 per cubic yard of material dug out of the pond.Figure $1.50 - 3.50 per yard of material depending on the difficulty of excavation and costs specific to local market conditions. pond is very much more than a hole in the ground that collects water. After calculating a rough pond excavation budget, now double the pond construction budget due to the cost of dredging and re-digging the pond in ten to twenty years or sooner due to a poor pond design.