As I heard someone say a few days ago, a well alone may be okay for household needs but not much use if you want to get into serious food production and you don’t have the use of a powered pump to keep the flow going; it’s too much work to pump by hand that sort of quantity. Even worse if the water is hundreds of feet down. He said that what is really needed for homesteading is access to year-round water like a creek or a river for effective irrigation.

Bugs Bunny: "I speak softly, but I carry a big stick."
Yosemite Sam: "Oh yeah? Well I speak LOUD! and I carry a BIGGER stick! and I use it, too!" BAM!