The Washington times., 1906-03-11
BETTER TINES FOR
OLD HOME SECTION
Values West of White House
and South of Avenue.
NOTED PEOPLE LIVE THERE
Government and Other Improvements
Give Optimistic Tone to Prospects
for Future of the NeightorhOod.

Thomas r. Martin, head of the firm
of Martin Brothers. is a believer in tie
future of the section to the west OF the
State. War and Navy Building. and
south Of Pennsylvania avenue. about
which great many local investors
know but little. Lately there has been
an awakening of interest in this local
ity that bids fair to send values there
upward.
Mr.. Martin says:
There should be no question or con-
q lecture as to values in that section Of
Washington west OF Seventeenth street
and running parallel between Pennsyl-
vania avenue on the north and Virginia
avenue on the south. It is significant
however, that an increased valuation IS
often required by our loan associations
in making loans in this belt in COM
parison with what is required as Il
basis in other sections Of the city
They seem to hx their opinion upon
the basis that this section of Wash
1ngton has less prospect of increased
valuation or enhanced prices than will
obtain r. other sections Of the National
Capital II is unreasonable that such
an opinion should prevail Our own
firm has loaned money through this sec
tion readily wherever the assessed val
uation has been sufficient in its margin
above the application of the loan.
Progress of Last Decade.
What is to retard value in any part
of the National Capital? Why should
this particular section be dis. ,araged or
suffer any comparison 10 t4e growth
of the National Capital fro-n any
standpoint? The belt of land named
here has received it's share of the
growth and stood well in the march
OF improvements within the last dec
ade.
Within this section we have the
Gallery Of Art, the magnificent struc-
ture of the Daughters of the American
Revolution, several beautiful Govern
ment parks. and the advantage. on the
south side, Of Virginia avenue, which
is one of the widest avenues in the
city.
And again, it is traversed by the
National Capital railway, and thus
made accessible to every section OF
the city.
The future offers quite as much. If
not more, for the advancement Of this
section IN so much as its outlying
points will be lined or come within the
purview of the great National Park, al
ready mapped out and already under
y
4 prospect, but q certainty, that the
future Will establish and confirm
Government Buildings There.
THE Government has already erected
some buildings within this circuit, and
1t is fair to presuppose that others
will follow.
Again, some Of the largest busi-
ness structures have been established
there within the last two years, and
there is every sound reason to believe
this VIII continue. The past years
work augurs we'll for the future.
Within this section some OF the old
est residents live. Chief Justice Fuller
Judge Hagner, H. Randall Webb, John
Cassells, Commissioner Macfarland
and eX-Commissioner Dou lass have
had their homes here for long time
One could go on and thus sum-
marize. There is no logical reason why
there should be any depreciation of
property values in this section, or any
reason 10 take a contrary view
Through this section, a number of mod
crate home buyers have located and
bought their homes through the build
ing associations which have loaned
money through this belt.
1T IS fair TO advance the statement
that there have been as few. If not
fewer, foreclosures Of property in this
section as in any other section in the
city