Grand Rapids herald. [volume] (Grand Rapids, Mich.) 1892-1959, 1892-05-15
REALTY On A RISE
Home Properties in Lively De-
mand This Spring
EAST END LOTS SELLING
Mr.. CIosterhouse Doing q Lively Busi-
ness in Eligible Sites-A List
Of Recent Purchasers

mar Acu " 8ly 4anekexo VI ktc&t
mzgnitude or slgniflcance. the trade
interest has greatly intensified and the
volume OK inquiries has appreclably IN
creased. There is one thing that dis
tingulshes the activity OF the market
this spring from that OF many former
years. and that 10 the large number Of
transfsrs Of home sites 10 young men
of the city who are contemplating the
future Grand Rapids ~ their home
The influx OF outside buyers has
not been large this year, as compared
with former years, but the purchase OF
homes by young artisans. accountants
and business men generally Is mark
eddy larger. This fact evinces . healthy
financial condition and home faith in
Grand Rapids future ~ possessed by
her rising generation
This home building and purchasing
by the middle class Of our citizens II .
gratifying fact - an assurance OF
frugal and independent citizenship for
rs rejecting the phenomenal real e.
tate conditions which obtain In the
Valley City.
Values Are Lev.
In no other city of half the popula-
ton of this, either north. south, east
or west. Are real estate values a. low IS
here, or Is BODYBUILDING - easily
accomplished. Thousands Of home
sites. improved BY grated streets, gas.
sewer and water connections, APP
preached by street railways and eaev
OF downtown communication for Pc
destrians. many OF Them o1ntaining'
modern houses in readiness for occu-
Fancy. adorn our delightful streets
and avenues and await purchasers at
rates that sstound the denizens Of less
important towns by the modest price
attached. The great middle class Of
today. that will be tho mercantile and
manufacturing class Of tomorrow, is
awake to this condition Of thiugs, and
more than ever before. 10 evincing .
determination to take advantage of it.
1t the rates which obtain upon choice
residence property, contiguous to tho
mercantile and manufacturing Gen.
ters Of the city. no man OF mod
erato income can ahord TO
be perpetual renter. Terms
Of purchase suited to tho condi.
hon and ability OF every prudent MAJ
are offered by hundreds Of real estate
merchants. A lizzie inquiry here and
lhsss. . little lsok,ng for location and
any intelligent ssnie seeker will he re-
warded by tird.ug q choice residancs
nss, obtsioaoie nv . moderate exeTtion
u economy and industry.
rysv-.ss for the Future.
Real cstste mvestEents in Grand
Rapids Offer advantages which do not
Dbsasa N any othsr city in the Union.
II is not Oaiy truc that property sells
for . much smaller price, oil other
things being equal, than in equally
largo towns outside, but the further
fact rensins that tie future guArau-
tees TO TIA purchaser not only tins
pleasure OF md spendent proprieeyr-S
sai2, 3rt .hs pr oft Of an excephonaliy
KooA investment. The future Of
Grsrd Rapids is safe. The last de-
:adc Witnessed the doubling Of its
population and today il is rushing
saesd in material and numerical &C
rYes.ou st . pace never before realized.
Before are prospects of commercial
advantages never before possessed Ivy
HE city. Tie combined efforts OF two
vel sustained organizations for the
enhancement of local interests are wy
lrg with each other in effort, while
liberal municipal government is trans
forming the city upon metropolitan
motels and individuals are supple
mentlng the work by material improve
ment. The grea. intra-mural prob
lem OF rapid transit has realized q
more perfect solutIon here than IN any
other town on the continent. Sur
rounding this city, dotted with myrisds
Of thriving cities. villages and hamlets,
stretches from lake to lake the broad
expanse Of Michigan's incompatible
soil. rich already IN the wealth of il
prosperous proprietorv, but richer
still IN the prospect which future
development and improved facilities
shall bring in the march OF progress.
OF this broad territory Grand Rapids 10
the commercial center. With it ad-
vapcement her advancement 10 insep-
cradle and in its material prosperity che
shall surely realize her important com.
mercisl destiny.
Real Estate In the Bass- Fad.
The east end in particular presents
unusual activity this spring. In all d.
rections. as far 40 the eye can reach,
buildings are gong up and the sound
of the hammer and the rasp Of the saw
make merry music TO the ear Of him
who takes pride in the growth of our
beautiful city. Prominent among the
many reasons for this remarkable
growth in the east end 10 the extension
of the Wealthy avenue car line, giving
10 residents five-mInute service; here
tofore on the Sherman street line cars
have been running but once an hour.
The tracks on Sherman street are 70 be
taken up and the street will then be
graded aud made into . 1ne driving
street, IL being the main road 10 Reeds
Lake. Property has nearly doubled in
value along Wealthy avenue during
the cast year and 10 bound 70 treble in
the next two years. The fcrtu-
nate possessors Of vacant prop
erty are not very anxious 70 cell
ut the present prices, 90 lots that can
be bought today for $500 will undoubt-
eddy bring $500 this fall One Of the
most prominent men interested IN the
east end 10 J. w. Closterhouse. Mr..
Closterhouse showed hrs faith in the
east end some two years ago by buying
about twenty-five acres, now known As
the Ciosterhouse addition, on which he
erected some very fine buildines. Any
one buying lot on this addition has .
proviso IN his contract restraining him
fiom putting M . HOUSE oc wealthy
stenus coating less than $500 or $1,000
on the other streets; oil nouses 10 be
thirty feet from the front line Of the
lot. which will. - Mr.. Ciosterhouso in
tends. make one Of the most desirable
reighhornoods IN the city. This prop
erty 10 high. nghtly and level, and
pure water in gravel ID found IT .
depth Of forty feet In The summer
when IA n hot and e1ltPv hoWu town IA