Minnesota weekly times. [volume] (St. Paul, Minn.) 1854-1859, 1854-12-26
REAL ESTATE.

Lots fronting on Capitol Square are held from
$500 $1,000 and in some instances choice loca-
tions have been sold as high a. $3.50, and even
$4,000 are asked for certain lots Of larger than the
usual size and possessing superior advantages of
position. ~' 4'i s'1' a''h"
In Bazlle's Guerin's additionlots in the range
of the Capitol Square, but not fronting thereon,
sell from $4OO $6OO-corner lots are rated high
er than this. a.F
In Roberts Randall's addition, lots in tho
range of the Capitol Square, but not fronting
thereon, are held at the uniform price of $1,000.
But rule of valuation founded on the analogy
of class, would indicate $500 $1,000 as better
estimate-and on Eleventh street in this addition
from $500 a $500 may be considered high valu-
alton.
In Hoyt's additiOn-the site of several hand
some residences on Eighth-st. are valued at
500 $500; on Ninth, at $500 5000, and on
Tenth, at $500 $4OO.
Property in Kittson's addition on these streets
sells at somewhat lower rates.
In Vanderburgh's addition in the rear of Hoyt's,
lots in dry situations, measuring l2O by $50 feet
sell for $500. Smaller lots, where the ground
is wet and low, sell at figures proportionate to
these Disadvantages.
In Joel Whitney's addition, lots fronting on
jackson street, measuring so by $50 feet, have
been selling at 1925. Although the situation of
these lots is in some cases rather low, we do not
know why they are not worth more than this.
In Brunson's & Bass additions, situated on
Trout Brook, prices range FROM $500 $4OO per
lot. 1t is most devoutly to be hoped that the few
remaining groups of trees which the axe of those
ruthless vandals, the first settlers, has spared,
may be preserved, to beautify and adorn tho
charming Homes that are rising like magic all
over these beautiful grounds.
In Warren & Winslow's addition, lying beyond
Trout Brook, and delightfully."- situated for resi-
dences-lots can be bought from $3.50 $500.
"A semi-circular belt of hills, their sloping
sides already dotted with numerous tasteful resi-
dences, forms the picturesque environment of
St. Paul. And stretching beyond these hills,
speculation has spread network of suburban
additions to the very verge of the corporation
limits. But we shall reserve the discussion of
this class of property till the further development
Of our plan shall enable us to include it in sim
gle article.
Our intelligent correspondent "H.," has been
accused Of extravaganza in some of his estimates
of property in the Lower Town. In all the in
stances that have come within our personal kaow-
ledge, these complaints have originated in an en-
tire misapprehension of the basis of valuation
At the outstart it assumed that lots estimated
per foot front were of the usual depth of town
lots, and this was always implied unless there Was
direct intimation otherwise. Bashful gentlemen
ON Third-st., owning depth of so feet, ought
not to be anxious to provoke an invidious COM
parison of their prices with those of their neigh
bors. If 800 per foot front is fair price for q
depth of so feet on Third-st., which we take the
liberty to doubt, $l25 would not seem to be too
high for lots of an average business capacity
Besides we happen to know where actual sales of
this very property have verified the rates given by
our correspondent. af