Good lots refers to parcels of land that are deemed to be advantageous or favorable due to their characteristics, location, or potential uses. In real estate, a "lot" generally refers to a piece of property that is typically used for building purposes, whether residential, commercial, or industrial.
The term "good lots" suggests that these specific parcels of land possess qualities that make them desirable or valuable. These characteristics may include factors such as a favorable location within a city or town, accessibility to transportation networks, proximity to amenities such as schools or shopping centers, attractive views, suitable topography for construction, or zoning that allows for desired land uses.
Good lots can be coveted for various reasons, as they present opportunities for investment or development. They may be sought after by individuals or businesses looking to build homes, retail spaces, office buildings, factories, or other structures. The desirability of good lots can often lead to increased demand and potentially higher prices in the real estate market.
The determination of what constitutes a "good lot" can vary depending on the specific needs or objectives of the prospective buyer or investor. It is often influenced by market trends, local regulations, and the overall vision for the development and growth of a particular area.
