Evening star. [volume] (Washington, D.C.) 1854-1972, 1894-12-22
REAL ESTATE GOSSIP
Some Pointers in Regard to Current
Property Values.
PRICES As NAMED BY THE OWNERS
Improved and Unimproved Property
in Various Sections of the City.
S ON Z NEW B UIL DIN G S

KNOW what piece or property WOuld DrinS
even If they have not the money to buy it
or the inclination IL the bank account is
equal to the demand. One of the first ques-
tons likely to be asked in regard to prop
erty when attention is called to 1t is in
regard to it's value Every one is not well
posted in regard to values hut those who
keep track of the market and are familiar
with current prices generally have a pref
ty good idea of what property is worth.
The more active a market is the more gen
orally the knowledge of current values be-
comes diffused. In times when the trans
actions are few it is not always easy to
have definite knowledge about real estate
prices.
Quite recently the newly-organized stor-
age company advertised in The Star for
proposals for a site suitable as location
for the building which the company pro-
poses to erect. 4 large number of replies
were received offering property in nearly
every section OF the city, and in each case,
of course, stating the price which the own
was willing to accept. 1t is presumed
that the figures named represented the
market value of the property and were in
reality the selling price rather than merely
of the offers received would throw con-
siderable Hight on The present current val
Ues of real estate throughout the city. For
this reason ii is though of interest to give
the details of some of these offers, as it
would be impossible. within reasonable linn
its, to give the schedule complete.
The Central Section.
III the central portion of the city some
of the pieces of property offered were as
follows: A lot on 18th street between G
and III streets. 20xI55 feet, little more
than S. per square foot; lot "a feet front
by depth of 157 feet on E street between
9th and 10th streets was offered at price
which averaged $500 per square foot. At
the corner of 9Th and streets a lot 5Ox62
feet was offered at 80 a foot, while at Sth
and streets, SJxl2O feet, the price named
was So On G street between Sd and IL
streets property 54xlS0 feet was offered
at $50 per square foot.
Ten dollars Per square foot was asked for
the corner of 18th and streets. containing
4,53S square feet. At Is IL street and Ohio
avenue some 10000 square feet was Offered
at So. a property having frontage of 80
feet on the south side of Pennsylvania ave-
nue. between 18th and 18th streets and run
ming back to ID street was offered for S2o,-
COO. Low er down on the avenue between
Sd and - streets something over 81 per
square foot was asked for property con-
tanning over IL 600 square feet. On the
next block. between I'd and Sd streets, the
Price for property 25x1T0 feet was named
at $50 Eight dollars was asked for lot
71xl29 feet at the corner of 18th and Z
streets, while on New York avenue between
18th and 18th streets SO was named as the
price Per square foot for a piece of proper
ty 2Sx1g0 feet.
Farther to the north, on 9th street be-
tween II and 1, IS per square foot was
asked for a piece 32X90 feet. On the
block next above, $3.50 was asked for
lot 52x95 feet On X street between 4th
and 9Th streets 81 was asked for lot
g2A146 feet. One dollar and ninety cents
per square foot was named for lot 50x13O
feet on New York avenue between 18th and
9Th streets, while on Massachusetts avenue
between 9th and 7th streets $3.50 was the
LOT tafU ffa0r Nm
feet A lot Just 100 feet square on NJ street
between North Capitol and ist streets
could be bought for $50 per square foot
In the Eastern Section.
A lot 16Sx110 feet at the corner of F and
18th streets northeast was offered at so
rents, while lot 100 feet square at the
corner of 18th and III streets northeast
could be bought for S1.35 The corner Of
9Th and streets northeast was offered at
BIS. On L street between list and I'd
southwest 81 was the price named for a
lot 67x12O Property 1OOx90 feet at the
corner of 18th and E streets southwest was
offered at $1.15, while the corner of Penn
sylvania avenue and 9th street southeast,
containing over 1900 square feet, could
be bought for $1.2j. Large blocks of land in
the vicinity of 9TH and Sth streets near
Florida avenue northeast were offered at
prices from 90 to 81 cents per square foot.
In the section which is south of Penn
sylVania avenue and west OF nth street a
number of pieces of property were offered
One dollar per foot was the price asked for
a lot I20xl4O feet on Virginia avenue be-
tween 18th and 10Th streets. \ lot 53x75
feet on d street between 18th and 18th
streets could be bought for 81 %. Some 49,
600 square feet Of ground at Virginia ave
nue. 18th and ID sire cts was offered at 80
cents. Or between 2lst and 22d streets
the Price named for lot 5Ox1S6 feet was
10 cents. On New York avenue near 18th
street a lot containing little over 5000
square feet was offered for - per foot.
plot OF ground at the corner of 18th and X
streets containing 5000 square feet could
be purchased for $1.30, while a lot at cor
ner of f and 18th streets ll'lN6l feet was
offered at 81. In the southwestern section
a plot of ground containing 5000 feet and
located on Maryland avenue between l-2
and 9th streets was offered at $2.25.
The Northwest Region.
In the upper portion of the northwestern
section there were a large number of
properties offered. A lot on l. street be-
tween Vermont avenue and 18th street,
2Sx13T feet, could be obtained at 50, while
I'm the block between 10th and 18th streets
$40 was asked for lot G3Xl32 feet. On
10th street between l. and NJ streets So
was named as the price for a lot 2Ix190
feet, and the corner OF 10Th and X streets,
look SG feet, could be bought for 900 The
corner OF 18TH and T streets, SOxlOO feet,
was offered for S1.5O. while the corner OF
14th and Wallach streets, 00XlO6 feet, 81
was the price named lot TOXIC feet on
NJ street between 18th and 10Th streets was
offered for 81. one dollar and eighty-tive
cents was the price named for q lot 46X9S
feet on 10Th street between X and l.
streets, while on I'D street between NJ and
n streets SIS vas asked for lot 101x122
feet. ON Z street between 2Ist and 22d
streets for a lot 5OXl3J feet 81 was asked
and for lot having a frontage of 1SS by
q depth OF % feet on 21st street between L
and NJ streets $40 was the price named
on 18th st 'eet between Pennsylvania
avenue and NJ street $l.25 was asked for
property 1SUx00 feet.
building Record.
The building inspectors record for the
past week ending yesterday shows that
twenty-four permits were taken out for the
erection of new buildings, aggregating in
cost $40 225. This was divided among the
several sections of the city as follows:
Northwest, one permit. $500; northeast,
eight permits, s6,475; southeast, one per-