Evening star. [volume] (Washington, D.C.) 1854-1972, 1906-11-03
REAL ES[tTE GOSSIP
Some of the Buildings Which
Are Under Construction.
MORE ELECTRIC LIGHTING
Acquisition of Improved Realty as an
Investment.
LARGE AND ACTIVE DEMAND
Planning q House With Some Thought
of Surroundings, Especially the
Climatic Conditions.
LARGE AND ACTIVE DEMAND

A residence that is attractively located
and designed is the one that has been pu't
for Mr. Ramsay w. Scott, in Cleveiahd
Park on a site that is ornamenteo WIN
handsome trees. The house faces Newark
street between 31st and 32d streets. ana
was designed by F. B. Pyle. architect
roof OF red tile surmounts the peesie oash
walls. which rest upon foundation OF
stone. feature of the interior arrange
ment is the large living room on the nrst
floor The house contains nine rooms
AS part of the new service which the
Potomac Electric Company IS providing for
the CITY which Is centered in the immense
mower house now in course of construction
on the Benning road, is a series of substa-
tons in the main portions of the city. The
buildings have been designed by f. b. Pyle,
architect. The largest one is located IN
the square bounded by H and l and l4th
and 18TH streets northwest. 1t Is forty by
eighty feet and Is being built endreiy ol
concrete-walls beams and pillars.
OF the two other substation buildings one
is located on Washington street between
4th and 9Th and G and II streets north
west and the other at the corner or 18TH
and streets northeast. Steel construc-
ton will be used in the buildings,
MI. Neill's Residence.
"A
Neill. the commissioner of labor. on Ma
comb street near 36th street In the SUBJ
division of Oak View, near Cleveland Park.
According to the plans made by A. b.
Heaton architect the house will be after
the Swiss type of architecture, and will
be two stories in height, with an attic The
finish of the exterior will be in pebble DASH
out on lst street northwest, just above
New York avenue Mr.. Florence d. Nc
Auliffe is erecting twelve tWo-story pay
window brick dwellings on the tract OF
land recently purchased from the fhey
heirs embracing over $4,000 square feet OF
ground -
In addition to those already built the
adjoining ground on 1st street, as well as
the o street front, will be improved with
modern houses of similar type, the whole
representing an investment approximatng
100000.
The houses are attractively designed on
the reception hall plan and contain SIX
rooms with tiled bath room. They are
trimmed throughout in chestnut. except the
kitchen which is finished in select white
pine.
The Investment Market.
The broadening of the investment mar
ket in realty is a feature that 1t is thought
will be developed more fully in the coming
months There are some circumstances
which seem to justify such an expectation.
and perhaps not an unimportant one is
the demand for houses to rent. 1t APP
pears that while there is a shortness in
the supply of houses of the larger type. the
same condition is noted In the case or
what may be called small houses.
This latter condition is by no means I'M
known here, and in a general way 1t may
be said to be perennial 1t Is probably
true that there is never season when
the supply Of houses of moderate rent is
equal TO the demand 1t has been sup
posed that this want has been met in some
degree by the erection of apartment houses:
but ii is found that neither in the scale OF
rentals or in the mode of living do build
ings of this type meet all the requirements
Houses VS.. Apartments.
At one time 1t was supposed that apart
ment houses would largely take the place
of individual houses and that owing to
the convenience of living in such way.
az we'll as to economies in certain direc-
tons, people would naturally drift into the
large buildings. Experience has shown that
this has only taken place in part and.
while the accommodations offered In apart
ment houses have been taken to an extent
that constitutes one of the wonders of the
current market, the demand for individual
houses continues.
At the present time the building of apart
ment houses has practically ceased. not
because there are not people willing to go
on with the erection OF such structures but
because OF the general belief that enough
of such buildings have been put up Inc
such purposes, and for the present, at least,
the number of apartment houses that will
be begun will be comparatively few. 1t is
conceded that when the market shows
change In this respect the restriction on
loans will be removed and building will go
again.
Chance for Investment.
But 1t is different in the case of individual
houses Building loans for such purposes
are obtanable without difficulty The con-
dltion of the market is such it is quite evil
dent that structures OF that class can be
easily sold leased. The market for the
sale OF houses for the past year or two has
been quite remarkable, and continues to
be. There has never. perhaps. been q
period in the history of the city when as
many houses have been sold has been
the during the time referred to. At
the present time this continues to be a
feature OF the market.
The number of home buyers does not
seem to decrease. In fact, much atten-
ton has been paid to this class that it is
beneved the needs of people who want to
rent rather than to buy have been some
what neglected Right here II Is thought
Is an opportunity for the profitable invest
ment of money in the erection of houses
sve kind. with large number of rooms
and elaborate finishing. but houses that
have six rooms and will rent for S25 per
month and less.
Permanent Market