Most lenders require a minimum of 3-5 gallons per minute sustained flow for residential mortgage approval. FHA requires a flow test demonstrating adequate supply for the household. Low flow rates can be addressed with storage tanks and pressure systems ($2,000 - $5,000), but a well that produces less than 1 GPM may require hydrofracturing ($3,000 - $8,000) or drilling a new well ($5,000 - $15,000). Test flow rate before listing to avoid lender-driven delays.
This article provides general educational information only. It is not legal, tax, financial, insurance, compliance, housing, brokerage, or professional advice. Rules, tax rates, obligations, enforcement practices, and market conditions vary by property, building, contract, municipality, and jurisdiction, and they change. Sellers should consult a qualified attorney, CPA, or other appropriate professional before making decisions based on their specific situation.
From the seller playbook: Well Water Testing and Disclosure Requirements for New York Home Sales
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
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