Lot size refers to the total area of land that comes with a property, usually measured in square feet or acres. Larger lots may offer more privacy, room for outdoor amenities, or future expansion—but they can also mean higher property taxes and maintenance. For real estate investors, lot size can affect rentability and resale value depending on the market. Meridian includes lot size in every listing so buyers understand the full scope of what they’re purchasing. In suburban Memphis, many of our homes sit on generous lots that appeal to long-term renters and families.
