The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1881-02-15
REAL EsTATE AHD RENTs.

kEAL GAtALE Anu AEAIus
Talks with Real Estate Agents and
Agents for lhe Rent Of Dwelling Houses
Real Estate Looking up and Renil
net Coming Down Any.
Wheeling certainly begins q new year
with cheering prospects. The mAnutac'
tories are ali in active operation, the CAPT.
tai stock otthose factories are in demand,
real estate has not refrigerated, but on the
contrary is looking up, desirable property
decidedly go, Merchants report q good
trade, real estate. agents an unprecedented
demand for dwelling houses, and every
body seems TO be employed, the last the
most favorable indication Of prosperity OF
all.
An ISTELLIaEScRR reporter started out
yesterday for the purpose oil talking with
the various real estate agents in this city,
and asceEtainiDg their views in regard 70
real estate fluctuations and the demand
for houses to rent.
ALRx. BONE, ESQ,
one OF the most prominent real estate
agents and collectors in this city was
found in his Office on Market street, and
gave the following answers to our ques'
tons:
"What is the extent OF the demand fol
houses for rent, Mr.. BoneW
~ cannot begin to fill the orders that
have received for houses, In one day
advertised in the INTELLl0RNCRR sl1
houses for rent aud the following day they
were all rented, The class OF houses
chiefly in demand are those ranging IN
price from s. to $l2a month. The highest
rented was 500 and the lowest SS4 pei
year, Ihave rented quite mum Der o.
houses this season and have now for rent
| from eight to ten houses, which rent from
$3.50 to 1926 o year. have been very
successful in selling houses recently, have
made some very advantageous sales and
am about closing out some other good
property. Rents, 80 far as my observations
20, are not advancing any, hut are II any
thing decreasing or going back slightly"
"How are stocksT
"StoCks are very brisk now, 9 very, good
demand existing. Glass and iron stoCki
are selling rapidly and excellent price,
are obtained Tor them" g.
show about loausW
Numerous parties are making loans
at reduced rates Of interest, in view o
lifting mortgages held by parties at highe
rates OF interest"
"How do you estimate the value o
houses?" ..
III bought 10 rent use my judgmen
on their rental value. Any basis Of valua
ton outside OF this Is uncertain"
"Is real estatea favorlte with capitalist
| Just now2"
"Parties having surplus Of money seen
rather disposed to place Il In real estat'
than to invest In other ways,
"How do you charge your commits
slons2"
~ charge a regular commission. d.
not speculate between buyer and seller.
"What Is the demand for suburban
property?"'
"No demand for properly at Elm Grove
the Island or LeatherwoOd. Suburban
houses are too far from work. Partlel
would rather put up with hardshlps thar
be far from work, Lestherwood lots rate
from 500 to $500, fronting the Nationa
Road. On Twenty.ninth street lots ar
$500 a pieCe-weIl located for workini
people-lO0xl00. have q house at Elm
Grove, 3 rooms, $1,000"
ISAAC IRWIN, go,
the oldest seller Of stocks and rea
estate in this city, said he had hardly eve
seen such demand for tenement house
| In his life. For the early season OF thu
year the demand for renting houses Il
unprecedented, and II other operator
have demands in proportion to thos'
he knew OF there would not be house,
sufficient to supply the demand.
There Is no decline In rents over las
year. They are sitter, II anything, thar
they were. They are from five to ten pei
cent higher In some instances.
Real estate 10 looking up little. TIT
plethora OF money hereabouts will find re
| lief in good investments In this line
Eligible real estate 10 In good demand.
"As good an indication 90 want OF thu
thrift and prosperity OF place is the gen
eral demand that ! now see for dwelling
houses" said Mr., Irwin as we left hi
Office.
L. a. HUGHES, ESQ.,,
OF the Sixth ward, has very large mum
Der Of houses to let and reports I
brisk demand for them. There Is no diff
Guilty in letting good houses. Small single
houses are In the best demand,
Another gentleman who has q number
OF valuable houses under bis control, ant
who is also large real estate dealer, hal
been giving the matter Of suburban rea
estate some attention recently, Is impress
ed with the idea that there will be little
boom In that direction Rt an early day
He reasons that Elm Grove, Leatherwood
and Pleasant Valley have been made easy
OF access by the Elm Grove Rail
way, and by the action Of the B, & o. r
r., In placing extra trains on the Hemp
field, Elm Grove can now be easily
reached three times day over the last
named road, and as there 70 great guam.
tity Of eligible property out there which
can be bought on easy terms, he thinks
there will be "tide" that way soon.
The advantages Of Leatherwood and
Pleasant Valley property could also be
reaped now through the facilities offered
by the street railway.
Our reporter also talked with many
other knowing ones upon the subjects Of
rents, real estate, &C., but the substance
OF what they all said Is given In the re-
marks OF the gentlemen quoted.