The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-09-05
REAL ESTATE.
Its Value Enhances ms a Result of
the City's Bright Possibilities.

the City's Bright Possibilities.
Holders of real estate in practically
every section of Savannah have ample
reason for encouragement over the de-
velopments of the past year. The de-
mand is really claimed to be more than
the offerings of desirable real estate,
and for this reason the market has
remained firm throughout the year,
with all transfers at prices which
promise we'll for the city's future. This
demand was based upon the present
prosperity of the city, and the unmis-
taxable signs of it's future development.
AS real estate is the basis of all secur-
ity no better evidence of wholesome
business operations for the year coul
be desired.
When spoken to about the past years
real estate sales in Savannah one Of
the leading brokers said he knew of
very little property that was dumped
upon the market. THE fact is he said.
that holders have perfect confidence
in the city's future growth, and do not
therefore see where they would invest
money better or safer than in real es-
tate. Its value is most surely enhanc-
ing. Property in no part of the city can
be had for the prices it was offering
at last year because of the building
UP of the neighborhood, or some pros
pective and assured improvement that
will increase its value
The sweep of Savannah is to the
suthard,' as the mariners would say
The past year has witnessed the cree
ton of handsome houses for the best
| citizens, and neighborhoods have been
built up which are sure to attract
more suburbanites. Both the south
eastern and southwestern sections have
been greatly built up, so that now the
desirable lots offering have about all
been taken. There are a plenty left
but the holders see no reason why they
should dispose of them, hence the ex-
PLANTATION of the rather inactive market
of late. No, Savannah is to be the
New York of the future, and the hold
ers of her real estate realize it,"
Another important consideration in
valuing real estate here is the fact that
Savannah is probably among the
healthiest cities in the country and
certainly in the South. The complete
sanitary system keeps the city free
from troubles that formerly afflicted
her people. The sewerage is swept by
a steady stream of water through the
mains to the river and from there car
ried out to sea by the tides. Then, too,
some attention has been given to drain
age of the adjacent lowlands.
Not for many years has the i'm
provement of real estate been so ad-
Vanced as during the past, which is
shown by the adoption of more mod
ern ideas of architecture. In the past
the general line of dwellings was SIM
pie, with no effort to beautify. Now
the tendency is for modern buildings
not only combining interior conven-
fences, but with the exterior along
more beautiful and graceful lines. AM
pie evidences of this may be had after
a trolley ride through the Southside
Few cities in the country give more
consideration for health in the cree
ton of buildings than here. Ventila-
ton. heating and sanitation are CIV
en- first attention.
Residence property has not figured
alone in the improved values of Savan-
nah real estate. That western section
of town bordering largely on the river
has come into more prominence dur
ing the year as result of the estab-
lishment of industries there. Saw mills,
DoX factories, large auQltlonS 10 tne
cotton oil industry and other improve
ments promise to bring that section for
ward as furnishing very desirable man.
ufacturing sites. The fact that it is
convenient to the river. thereby en-
abling cheaper methods of transporta-
ton, will be an important consideration
in its favor. Wharf improvements are
TO be made there shortly, in addition to
what has already been done. and its
commercial importance is pretty sure
TO approach that of other places along
the river front While there have been
no large sales. the wharf property be-
low the city, adjoining and below the
Plant System wharves, this is consid-
cred desirable for manufacturing and
other purposes. and is strongly held.
The disposition 10 hold property in Sa-
vannah does not mean exalted ideas on
the part of it's owners. but an accurate
appreciation OF It's value as measured
by the citys possibilities.
The Thunderbolt section has also
grown during the year Some very sat
isfactory sales were made out there
and u is understood the BUYERS are TO
build shortly