I am considering a similar project in Western Kentucky. 700 feet, 2 trenches one for electric 4 ft deep and one for water 3ft deep. My first estimate came in at $11k for the trench, conduit and waterline. I am in the process of getting more estimates and am also considering trenching it myself. I do have a Bradco 612 3ft trencher with a 2520 Deere tractor, but have never used it. I bought it used a few years ago and figure that I can do the water line at 3ft to see how it goes then rent or buy a longer arm for the trencher to do the deeper electrical trench. The high estimate is probably due to brush and tree removal along the path. I share this not to hijack your thread, but to give you a current sample of pricing for comparison. Good luck.