Savannah morning news. [volume] (Savannah) 1868-1887, 1885-05-10
REAL ESTATE MEN
OUTLOOK FORTHE ARCHITECTS
AND BUILDERS.


Good Houses in Demand in All Parts
of the Cfty-SOme Of the improvements
Now in Progress-VVhat Real Estate
Dealers say About the Market.
1t is matter OF local pride that, not
withstanding the financial stress of the
past two years, Savannah has held her
own perhaps better than most cities. One
Of the Indications is the zone OF the real
estate market during this period. There
has been and there is az present consid-
cradle activity in building. The best
period of the year for selling lots, from
January 10 NAV, is past, and the market
has resumed its REGULAR summer tone.
The greatest recent i'm prOYements appear
10 be.n the uthern and southeastern sec
tions OF the city, as that seemingly is The
most desirable location for residences.
At all events, it has been the most sought
after. and lots there have sold at fair
prices.
several of the prominent real estate
AGENTS Of Savannah were interYie .scd
yesterday on the state OF the marktt.
Mai. A. l.. Hartridge said in etleet that
there is a fair demand for good hS@ses,
although the offers are generally below
the figure at which the property is held.
The fact that the owners are firm is a
There are not many of the better Class Of
residences to be had now. The chief in
Quiry is fer homes between south Broad
and the Park, and between Draytoh
and Whitaker streets.
Eff. Ncufville remarked that during the
winter there were scarcely any houses to
rent. Now some Of the low renting houses
are being vacated as the tenants are 90
ing into the country for the summer. The
Lon al
creates a demand for lots and houses.
The southeastern section of the city IL
building up the most. Mr.. Neulyille also
spoke OF the need of new hOtel-One that
would attract visitors VINO now 90 direct
ly to Florida.
Capt. Henry Blum said: "The season
for the sale of real estate is generally con-
fined to the months o. January, FEBRUARY,
March and April. After the May court
mouse sales very little can be expected
IN the way of purchases. The past few
months have hardly equalled the same
months in former years, but prices have
been higher, the appropriation being
quite marked.
son one point our business men and
real estate owners seem to have lost all am
biton. Atone time there was an universal
expression that what we needed for the
enhancement Of all real estate in the city,
and for an improvsm 3nt in business as
we'll, was hotel. w need an enterprising
mind to carry out this project, and our
people will respond if the right parties
will take the matter in hand"
Among other imprCyeme going on in
the city are two naHa some tenements n
course of erection for Mr.. krOusk0f, on
DraytOn street, between Gwinnett and
Bolton. These houses are laid out with
a view to complete comfort and yentiia-
ton in every part. Mr.. Lettler, who is
now the owner of the resi-
d nee of the late E. G. Anderson,
ON the corner Of AbercOrn and Charlton
streets, expects to make some decided
changes, which Will make that residence
one Of the handsomest in the city. The
addition designed for the dining room
cOntemplates bay window on AbercO.
street, which will change the appearance
of the entire house.
The Mohr houses, recently finished on
Gordon street, reflect credit upon the
architect and builder.
1t is reported that Gen. Lawton, who
recently sold his residence on Perry street
TO Mr.. T. p. Bond, will build on the corner
of Whitaker and Huntington streets, with
the front opposite Forsyth Park.
The Hull residence, now owned by Mr.
NJ. Maclean, is being raised to admit of
the construction of a basement. This is
the first experiment or raising brick
building in this city. When finished it
will be very much more comfortable.
DR.. j. &. LeHardy and Mr.. 4. Mcmillan
have each recently built fine residences.
and there is quite a number of others in
the same neighbOrhood.
A fine structure is to be erected on the
northwest corner of State and Barnard
streets for the |. o. o. +.
The large fOur-story, iron-front store
buildings now going up at Bull and
Broughton streets, for A. X. Altmayer,
and the new armoTy OF the Savannah
Volunteer Guards, at Whitaker aud York
streets, and also the Telfair Academy an
mex and directors residence will be three
OF the finest buildings in the city when
completed.