The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-05-27
citizens they began to seek country
homes. ~
Trading for Lake Homes.

Better travelling facilities brought
the lake nearer to Minneapolis and
made it easier to get acquainted with
it's charms. q The substitution Of the
motor line for the team drive made it
more feasible for the people to live at
the lake and work in the city. The ex-
tension of the steam lines farther along
the lake shores made travel easier and
shorter than by the old rail and boat
method. Finally the trolley line has in
vaded the transportation field with It's
Since Since the s two Electric lines have been
built to the lake, interest in lake prop
erty has increased by leaps and bounds.
A sudden impetus has been given to
the upward trend of values, and the
demand for property has become great
apparently crazy to trade their city
property for homes at the lake. One
real estate office has exactly 100 offers
for trade on file. At the rate shore
frontage is being taken up, the water
line on the main lakes will soon be out
of the market, and the country back
from the lake will be the next point
of attack Of the buying trade, and land
on the numerous arms. In fact Che
cheaper customers will have to content
themselves, in time, with the lots which
have no lake frontage. Already, how
ever, some Of the capitalistic class also
is beginning to recognize the fact that
the back-lying building sites on the
highlands, with broad views of the lake
are very choice. ...-
The Scarcity Of cheap shore lots is
due largely to the springing up Of ex-
elusive settlements, which aspire to the
seclusion of Tuxedo park and London
West End. where prices are held high
enough to maintain the neighborhood
tone. The acquisition Of large estates
on the shore Of the upper lake by sim
gle individuals helps to make the scar
city Of cottage shore line lots.
Country Life Attractive. r.
A whole lot of circumstances are con-
tributing to demand for Minnetonka
property. The fresh air crusade which
! has swept the country has had hand in
! it. Country life at short distances from
| work is having permanent rage, and
Lake Minnetonka s,the nearest point to
try and water. The heavy excursion
business maintained by the railroads
the last few years has introduced the
country life "bug'' in many, systems
that never, otherwise. would have
known the hunger for the water wild.
| Old lake habitues know that the lake
! fever is as sure in the spring as the hay
fever, in the summer, once 1t IS a.: ae-
quired. The conta gion of this pleasing.
disease has INCREASED the sale Of lake a
property land the annual sja qaify fer
summer cottages,,is becoming enormous
With the trolley incursion has come
a new phase. :. That is the sudden
roofing in theSminds of the. Gotta gers
that, it is just as we'll to live at the
lake the year round instead of only
thru the summer. For this reason
Minnetonka, especially in it's villages
is growing in population and a property
boom in on. - 81 .ss@
The Minnetonka market is experienc
ing the same history that city rea
estate has been making. The snaps
are being taken up so rapidly by. the
Epeople whom the lake craze has seized
that property is getting on substan
Itial value basis Inasmuch as these
How price opportunities have about dis
appeared, it is not regarded inadvisee
by the real estate men for them to de-
!. clare that values have raised % per
4 cent this year over 1905, and that: fur
Z Ether increases are inevitable. IL I
! Wage Farmers are Buying.
It will be surprise to even the well
Informed on lake matters, as it is tt
the real estate dealers, that wage earn
ers are among the most eager buyers o.