The morning call., 1894-10-14
VIEWS ON VALUES
Difference of Opinions
Affect Realty.
WHY TRANSFERS ARE FEW.
Buyers and Sellers Cannot Reach
Bargains.
TWO AUCTIONS FOR OCTOBER.
Real Estate Men Taken by the
Movement for Reform in NUM-.
cipaI Government.

The real estate market continues with
out change, without improving to any
| appreciable extent. In view of the effect
political campaigns have on realty, this is
satisfactory sign. Inquiry for certain
classes of property is quite good, though
| in most cases owners and buyers fail 70
agree on prices. Intending purchasers
naturally look for bargains, and hold that
inasmuch as commercial. agricultural and
! other lines of trade are not so prosperous
as they used to be. city real estate should
Likewise depreciate. However, the owners
of choice property remain steadfast in
their opinions that as San Francisco is
still growing steadily values must at least
hold their own. Last year the Directory
had 5000 m ore names than the issue OF 1885,
| and homes have spread over various dis
trcts. indicating an evident gro WITH
Still, upon the question of values opin-
| ions differ, and. consequently. transfers
| are not often made where the real estate is
not absolutely needed or fair income is
not assured.
The Nom Partisan movement, which
| promises so fair for the Improvement OF
San Francisco, is a fayoflte pic of con-
versation in real estate offices nowadays
Leaving politics out of the question there
Is strong unanimity of opinion among
real estate men that something must be
done with the CITY to make amends, as it
| were, for the miSrule Of years. With this
thought goes the popular rising for better
and cleaner streets, in which the merchants
are taking a creditable part. But real es-
tate brokers with far-seeing minds say
that more is wanted. Clean streets and
good pavements are not enough they say.
| But honest work by corporation contract
ors 10 laying sidewalks. sewers and pave
ments is also q necessity, while the uD-
slightly distractions on downtown streets
should be removed. The appearance of
the city, as is well known, has an impOr-
tant influence on realty values and the
general welfare of the community, so with
a thorough appreciation for the merit of
this fact agents proclaim for Immediate
reform
As an instance of how agents feel on
this question the following editorial COM
ment from g. 81. I'm bsen & Co.'s Real
Estate Record is quoted:
There is movement 10 the Eastern
States to entirely SEPARATE municipal cleo
tons from State or Federal elections. 1t
would not be difficult TO demon strait,
. we're it necessary TO do so. that any man.
opinion upon the tariff or silver question,
for instance, or any other matter of me-
tODal interest, in no way affects his
: fitness for municipal Cffice-that, in fact,
good municipal government can only be
obtained by electing citizens Of high
: character, irrespective of parties or party
politics.
, The development of several English
, and Scotch cities, especially Birmln gham
, and Glasgow. amply demonstrated this
In such cities the leading citizens become
r municipal officers MT for pay, but for the
, honor attached TO the office. Their pride
7 is deeply concerned 10 the growth and i'm
} proveinent of their municipality, hence
] the gratifying results obtained. What
can be done when prominent business
men combine Is proved by the present
clean streets here, all owing to the promo
ton of the Merchants Association"
Mr.. Umbsen was delegate TO the Re.
publican municipal convention, but it is
J apparent from his editorial he is above
party in the management of city affairs.
Next to the extensive work of reclama-
, ton now being prosecuted by James G.
, Fair at North Beach, or. more
correctly, Golden Gaze Valley. is the
tween Ashbury and Clarendon heights
: This will bring new and desirable su burb
: into the market near Golden Gate Park
: About 500 lots will be made ready for
home sites on nearly level grade, where at
present lies low valley. The level will
3 hill near the new reservoir on the heights
into the valley.
Shainwald. Buckbes & Co. have issued
catalogue of sixTy-oDe lots on Sixteenth
Church, Sharon and Hardy streets, to be
sold at a DereZnptory auction on October
%. 1t is announced that this property
would not be offered now except to close
out the undivided interests of present
owners. The lots are but two blocks from
Market and three from Valencia street,
and are situated in the very spot chosen
by the Span iards and Mission padres for a
pueblo on account of its superior climate
and picturesque location. The property
is offered on terms of one-half cash and
balance in two years on mortgage at z per
, cent per annum.
Pbain 10 ruill h0Ih
sale on October %. Their catalogue in
cludes the properties opposite the new
Posloffice site, as follows: Lot 75xS5, on
Mission street, southwest of Seventh and
25xS5 in rear on Minua street; 1923. 1925
and 1127 Mission and GIG MInna-three
J stores, stable and clearinghouse. The
: other offerings are 603 COS and 6o7 Mont
g0mery avenue, with new two-Story bay
window house, stores and basement; 52S
and $50 Grove street and 531 and $50 Birca
avenue; two lots on north side of Pine
, street, between Mason and Taylor; 1916
Turk street, lot 2SX137 e and house of
eight rooms: q Willard street, house of
ten rooms; 737 Pine street, near Powell,
two-stOry house of ten 70 Oms; 615 Twenty
first street. two flats; 924 ShOtwell street,
house of eight rooms, and other smaller
properties.
, G. II. Umbsen 81 Co. state that a much
better feeling is existing between both
buyers and sellers and report the follow
ing safes: 19-Z hOfiS street, l0t Z0X9U,
price $500; lot 40xl04:11. on east line of
Capp street, $50 south of Sixteenth, $500 !;
> house and lot 26x90, 742 Tweuty-second
street. for $500; lot 25x10O, on north line
of Clement street, between Thirteen th and
Fourteenth avenues, SS0e; improvement
D and lot, SIG Bernard street, 94x60. $4,000 !;
: lot 25x120, on east line of Ninth avenue
a 100 north of K street. for $500; improve
ments and lot 25x75, 12-12h Clara street.
for S2250; lot 25x114. on south line of Day
, street, $50 west of Sanchez, for 1915; i'm.
provements and lot 6Ox30O. on San Bruno
road, between Army street and Fifteenth
aveneu south, tor $3.50; lot 25x110:3, on
|, east line of Guerrero street. % south of
Camp, between Sixteenth and Seven
/, teenth, For $500; improvements and lot
: 22:6x122 :6 26l9 Folsom street; lot 25x122 IS.
. on west line IF Folsom street, So north of
Fifteenth, $500; Improvements, 654-656
Willow avenue, lot 25x60 between Laguna
. and Buchanan streets. $500; lot 50x105,
: On west lac of Sanchez street, 81 :6 south
of Day, $3.50.
Sol Getz 81 Bro. report the following
sales for this week: Lot 50x100, on south
east line OF Vienna street, 100 feet north
east of Persia avenue, for 5000, lot 50x120.
on east line of Thiriy-sixth avenue. 100
= feet north Of K street. for $500; To- 25x120,
!, on west line of EIehih avenue, $50 feet
north of l street. Tor $3.50; lot 25x100, on
south line OF b street. 20 feet west OF
| Thirty-seventh avenue. for $3.50.