The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-08-22
REALTY HAS FELT IT
IMPROVEMENT THAT APPEARS IN
OTHER LINES SEEMS TO HAVE
REACHED REAL ESTATE.
DEALERS THINK so AT LEAST,
THERE HAS BEEN A NOTICEABLE
INCREASE IN THE NUMBER OF
INQUIRIES.
SALES ARE SHOWING AN INCREASE.
A Man Buys a Lot and Pays for 1t in
Five-DolIar Gold
Pieces.
ALEs ARE SHOWING AN INCREASE.

Inc DOOkkeepeIS dIlu ClSThS are III
charge of most of the real estate Of
fees these days; the proprietors are
out showing corner lots to prospective
buyers. There is more activity in real
estate circles at present than there has
been for a good many months past.
While the number of sales has not in
creased materially, still the sentiment
is growing that ST. Paul dirt, at it's
present price, is the best savings bank
that your loose coin can be invested
in, and the number of lockers" for
bargains, with the evident intention of
purchasing in the immediate future,
is especially cheering to those agents
who have been occupying their time
during the long summer days in idle
yearnings for a stray customer with
cash to invest.
Aside from this, many of the present
owners of real estate are preparing
to make extensive improvements; a
trip through the residence portions of
the city will show that new residences
are going up in different parts of ST.
Paul. 1t is rather late in the season
for building operations, but this fact
nevertheless remains, and many st.
Paul family will move into hand
some new home this fall.
The demand in rental agencies for
houses was especially noticeable during
the past few weeks and many of the
desirable places are occupied and
Covetous eyes are vainly watching for
them to be vacated The number of
vacant houses in the city is amazingly
small and, as one agent expressed It,
I'VE could rent twice as many good
houses as we have on our lists; people
leave their names to be notified when
we have anything in that line to offer
Them
There is an upward tendency in the
values of real estate which bids fair
to become an actual and decided ad-
vance "And why should not prices
go higher?" said a Fourth street agent
with higher prices in grain, in lum-
Der and in nearly everything else, and
with every Indication of a general pros
perity all through the Northwest, real
estate must of necessity become en-
HANGED in value, although it, like the
wages of the laboring man, is usually
the last to be thus affected by i'm
proved conditions.
In commenting on this, one prominent
agent remarked: Thirty days ago
number of lots on the hilton Laurel.
Ashland and Portland avenueS-were
offered for $1,000 each. Today you can
not buy one OF them at that figure,
they have all been sold and the present
owners know they have got hold of
mighty good thing. 1 have just closed
deal selling two lots on Aurora ave-
nue. for $1,S00, and the former owner
wouldn't accept anything but hard
cash for them; the purchaser brought
up the $1,000 all in SIS gold pieces. He
was pretty we'll weighted down with
yellow coin, but a year ago 1t might
have bothered him to get hold of so
much gold, unless he had it saved UP.
There is a great demand for houses
Just now, but the would-be purchasers
have a hard time to find just what
they want. One thing is a fact, how
ever. and that I will vouch for; that
is that considerable building is being
done now, although very late in the
season. A number of new dwellings,
have been started very recently. There
is a big demand from renters, but we
haven't a vacant house on our list
now"
Another dealer said: 'There is bet
ter inquiry for real estate; people are
looking around for property for invest
ment as we'll as for immediate use. 1
believe the time is at hand when peo-
pie will wish they owned a few corner
lots in ST. Paul.
The Improvement Bulletin this week
has the following of ST. Paul building
items:
Louis Lockwood. architect has plans for a
residence to be erected Holly and West
ern avenues for Mrs. Mickey. Specifications:
32x35, two stories, frame, plumbing hath,
mantel, gas and electric wiring, loaded glass,
hardwood interior finish. and hot water heat
ing. Cost, So, 500.
NJ. R. Guertin, 20 East Eighth street. Sc
cured the contract for improvements In the A.
H. Rogers building on Seventh, near Wabasha
street The Davis Heating & Ventilating Co.
has the contract for the steam heating plant
in this building and for St. Mary's church.
John Hasslen. COZ Carroll street. is push
ing work an E. ]. Brennans frame residence
on Laurel avenue. Grotto street 1t
will be 30x36 modern throughout. Bassford
& Donnehue, architects Cost, So, $780,
John Caulfeld, secretary water commits
sioners, has plans and will receive bids until
II M, Aug. 26, for erecting dwelling at
the Centervile pumping station. Bond for
20 per cent or check for 5000.
Tim. Reardon has the general contract to
erect 20x50 frame store on University ave-