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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.
Before you can even start construction, there will be land development costs to ready the site for building. Depending on how much excavation, clearing, and draining is required, the Parham Group says you can expect to pay about $4.25 to $8 per square foot.