The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1905-05-21
REAL ESTATE;
BUILDING BOOM.
Home Buyers Are Making Rich
mond Property Very
Active.
HOUSE BUILDERS ARE BUSY
Interesting Sales That Have
Been Made and to be
Made.
HOUSE BUILDERS ARE BUSY


seekers and homo builders continue to
keep the real estate man busy showing
them Richmond property, and the archi-
tccts and house builders are busy plan
ming and estimating cost Of dwelling
houses of all shapes and sizes. These
people are not looking at lots Just for
Fun nor with the idea Of speculating in
realty, but for tho purpose of buying the
came upon which 10 build permanent
homes For this reason they are not
looking for fancy prices. 1t is merely
n matter of dollars and cents with them.
II they can buy and build any where near
rs cheap as they can rent, they will
take the necessary steps to move into
their own domicle at an early date. 9th
erwise they will stay whore they are"
They know that there is lot of idle
property in and around Richmond that
can't be moved away and so they are
L not jumping over fences and breaking
their necks to buy every lot that hap
pens to be put on the market.
The Building Boom.
1t must be said that the holders Of real
estate, who wish to dispose of the same,
{ fully realize this fact and they are doing
nothing to try to push their lots up to-
"a fictitious value. They sell when they
get what is a fair and just price, These
are the conditions that go to make the
real estate business lively and interest
ing, and 1t is the thing that is keeping
the carpenters and the bricklayers busy
and building up the waste places of Rich
mond.
All the contractors and house builders
and all the dealers in house building sup
plies report business very active and the
building boom is going right along with
out any visible signs of an early let up
= Valuable Property Sold.
Mcssrs H. Seldom Taylor and Com
pany. auctioncers, report the sale during
the past week Of the handsome brick
dwelling No. 10 East Grace Street, to
Mr.. ]. D. Murrell at $1,000 CASH also the
attractive brick dwelling, No. 16 IL South
First Street, to Mr.. L. a. Stumpf at
$1,000; also a vacant lot of thrty-one feet
on north side of Grace Street between
Pine and Laurel, to Mrs. Maria Fraser
at $3.50 per front foot. which amounts to
$3.50, making in all s19,65O.
Sold Nearly Block.
Messrs. Green and Redd also report a
large number of recent good sales. Ono
Of especial interest is the sale last week
Fl Of 551 feet on the south side OF Grace
Street, between Allison and Addison
4 Streets, almost two entire blocks, .for
s24,795. This property has been known to
be on the market for a number of years.
possibly fifteen. and much time has becn
spent In trying to move It. Mcssrs. Green
and Reid took hold of 1t a few weeks
ago and quickly disposed of it to advan-
( tage. This firm also closed tho deal by
which they sold forty feet on Eighth
Nc Street, between Main and Franklin. for
1880. On this property the new Homo
for the News Leader will be erected and
work will commence on 1t at once.
Othel Sales.
In addition to..the above. Green and
Redd have recently sold the following
property:
One hundred and seventy-fivc feet north
side Of Grace Street, $1,000; 81 feet north
side of Grove Avenue. 1880; IS feet north
side OF Grove Avenue, 1890: l2S feet 6
inches northwest corner of Park Avenue,
and Allison Street. $40; Lot In Chest
nut Hill. $685. lot on North Second Street.
800; GO feet east side OF Sycamore Street,
$500; 40 feet west side of Sycamore Street.
$780, lot in Chestnut Hill, $780, 80 feet
north side of Grove Avenue, 5000; 20 feet
east side OF Sycamore Street, $500; 30 feet
west side of Twcnty-fourth Street, $500;
20 feet on st. Peter Street s175; 20 feet
west side of Williams Street. $3.50; 80
feet north side of Broad Street s1,l2O
20 feet north side of Grove Avenue, s1,5O0;
% lots on West Cary Street, $1,000; "a
feet north side of Second Street. s275;
Is feet north side of Grove Avenue, 81, 2G0;
80 feet north side of Broad Street, $780,
lot in Park Place, $50: lot in Lee
Annex $500.
Improved Property.
III They have also sold the following i'm
proved property:
No 10 North Fourteenth Street, 5000:
No. iii Floyd Avenue $500; No. 2o3
Sycamore Street $780, No ZIG East
Marshall Street. Si,3Cn; No. 2Ol Rowland
Street, $500: No, Hanover Street, 49,
~ 500; No. 5l7 North Adams Street, $1,000:
dwelling on Chestnut Hill, 800; No. =
Third Avenue. $3.50, making total OF
something over s0S,oDl worth of proper
~ this firm has sold recently. To this
great amount OF business must be added
10000 in mortgages recently written by
this firm.
Other good sales were made by other
firms last week and The week before.
Out-of-Town Deals.
From every part Of the State come
reports of sales made OF farm lands 10
outside people, people who are coming
into the old State 10 make money out
of the despised farm. The real estate
agencies In Richmond that are giving
special attention 10 This branch Of the
business report great activity in their
line Mr.. Casselnan, OF the firm of
IA Casselman and Company, has spent the
entire week up in Chesteneld county,
guiding company of German farmers
who are Just IN from Wisconsin. around
10 look at farms. The probability lis
that Mr.. Casseiman Will soon locate
another colony OF thrifty Germans neal
The two ne has already located In goot
old Chesterfield.
Auction Sales This Week.
AZ, ~,
are announced TO lake place this week
ON Tuesday al +. H. H. a. Mccprd!
win sell the splendid LOT, no $40 north
side between Madison and Monro
Streets.
On "Wednesday al 3 r. 81. Sutton am