The Saint Paul globe., 1904-05-08
!. REAL ESTATE NOTES AND TOPICS

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ferent roads running. into the two cities.
A location On one OF the st. Anthony
Park spur tracks possesses all of the ad-
vantages which would accrue to Ioca-
tion, if such could be found on all of the
railroads of the Northwest; for the reason
that all Of these roads enter the Mime
sofa Transfer. and single st. Anthony
Park spur track gives a manufacturer
access to any of these roads without hav
ing the disadvantages of a large number
Of spurs running to his place of business.
The result of this unusual and extremely
favorable situation has been that sites
in this neighborhood- have been greatly in
demand and very large number Of i'm
portant enterprises located there. The
amount Of business transacted expressed
in carload lots would be astonishing in
deed to a person who is not fully in
formed in reference to the matter. SO
great has this been that a large exposi-
tfon building with 100000 square feet of
floor space has been built and is now fully
occupied by Office and sample rooms of
the various concerns located there, and
the demand for space is very much in ex-
cess of the supply. A commercial club,
with all the usual equipments, is in full
running order, and serves both the pur-
pose of a board of trade and social club
1oT the use and enjoyment of its members
ing business with st. Anthony Park con-
Germs.
Considered as a residence district, ST.
Anthony Park unouestionably stands at
the head of all the suburbs of the two
cities. The fact that it is located be-
tween the two cities and is equally ac-
cessible to either, the fact that it pos
sesses the city advantages at suburban
prices, the fact that it is reached by two
separate car lines at cent fare from
either city without transfer. the fact
that 1t is located on high and heavily
wooded ground, the fact that fully 80
per cent Of houses in st. Anthony Park
are occupied by their owners the fact
that it has two most excellent graded
schools. together with number of semi
narIeS and colleges, the fact that it has
all kinds of stores and trading facilities,
the TACT that 1t has a number of large and
Wen improved city parks, the fact that its
lawns are Well kept and its homes attrac-
tive. taken together with a very large
number of other advantages too numerous
10 mention, renders st. Anthony Park
residence property the most attractive
and easily Sa1eabie of any on the mar.
ket In the two cities at anything like the
prices at which they are being offered
IheTe are homes for all classes. Around
IN the southeastern portion of the Park
in proximity to the manufacturing dis
trict and not far from the old interurban
Hne, there are number of hoFnelike and
attractive cottages and small houses for
working people and small families The
We'll Kept appearance of the houses and
grounds indicates the prosperity of this
Grass OF people. In the southwestern
portion, and fronting on Hampden park
are some extremely beautiful and attract
I've residences OF a larger and more eK-
penSlVe class. while in the high and heav-
ly wooded district, near the Como -Har-
ret line. mile or more from the manu-
factur1ng district, are to be found a large
number of extremely artistic. even state
" residences, with spacious grounds and
commanding views that could hardly Ia
eqaaled and not excelled in any other
portion of the two cities.
From 1898 until about 1900. st. Anthony
Park suffered the extreme Quietness of
the hard times which affected not only
the two cities, but the whole country but
even during that period there were never
any number Of vacant houses in the
park Rentals were good and the peoDIe
owning their homes were satisfied that
no other location was suffering less than
Ihelr own; therefore the people Of the
park all stayed. But there was comDar9-
lively little building during this period
Beginning. however, about 1900. what
could almost be called a building boom
has taken place. particularly in the line
OF residences. Throughout the entire dis
tr1ct new houses have been built and Oc-
cupied by their owners. There has been
comparatively little building for rental
purposes, although the demand for rental ls
IS very much in excess of the supply. The
building has been almost entirely for ac-
tua! and immediate use. There has been
curing the last three or four wears a
large number of houses erected for sale
to meet the demand for homes. These
houses have, sold readily. The demand
has always been materially in excess OF
the supply. One firm. which has erected
between thirty and forty houses In the
district. reports that nine out Of every
ten or its houses have been sold before
completion. The cases of re-sales have
not been many. for the reason that parties
purchasing have purchased for homes and
have not desired to dispose of their hold
ings. but in the few instances where DroD-
critics have been sold again they have
without exception sold for from 10 to 25
per cent more than the original cost Of
the property. showing decidedly that VAL
Ues. while still low as compared with
city prices, are on the increase.