The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-02-25
REAL ESTATE AND
BUILDING News
Activity. in Richmond Dirt Not
Clrcumscribed, But is All Over
Town.
SUBURBAN PROPERTY BRISK
House Builders in the Majority
Among the Small Army of
Buyers.

Another week OF intense activity in
real estate has gone to record and the
sellers and buyers OF Richmond dirt and
the land of the suburbs continue as busy
as ever, in fact, n little more so.
The large attendance of bidders Mt tho
auction sales during the past week and
the advent of the Lewis Gnter Land and
Improvement Company have had n ten
dency TO increase the Interest and anina-
ton OF buyers and sellers. That Rich
mond Is destined In years very soon to
come to be noted for It's charming suburbs
seems now to be a pretty well settled
fact. For several years past there has
been decided tendency that way and
now Is to come into market Ginter Park,
the "loveliest village Of the plain"
Mr.. Jeffries, the president OF the COM
pany. is dead sure that in very short
whue numlar OF large and beautiful
houses with flbyer plots and shade trees
Enlore VIII adorn much OF this property.
Says he. What Brookline is to Boston,
and the Palisades to New York, we in
tend Ginter Park shall to Richmond
gratifying feature of the present real
estate activity Is that all other property
is keeping pace with that OF Lee District,
tile West End and the western suburbs,
Church IIill and the East End, the north
side of town and Manchester are all
partaking of the new life. and real es-
''"NV "Sehtst tiululilS property III tnOSe Sec
ions are finding no trouble TO do bust
ness. tttt
Another very encouraging feature of
the past weeks transactions Is that there
were equally as many " not more, home
buyers than spectators on the market.
True there ls n great deal o. speculate
ing going on. IL "a man who has 10 much
faith I'm Richmond's growth and enlarge
n'cnt that he thinks II good business to
invest his money In Richmond realty
and quietly walt for II good profit, may
be called spcculator. but the fact still
remains that the mon who are buying lots
on which to build homes for their fami-
lies are In the majority in the small
army pouring over the blue prints and
riding around, looking at real estate.
Business Sites.
That there is solid business in the real
estate boom now on Is evidenced by the
fact that business property is as much
In demand and sells. as readily when put
on the market as residential property,
and, az soon as man buys q site of this
kind, he goes quickly to an architect for
plans for the kind of business house he
wants to put on the ground.
Probably never in the history of Rich
mond has Broad Street property been
In such active demand 1t held large
place on the real estate stage last week
with Investors, builders and SPECTATORS,
nlti much property changed hands along
this popular street Among other Broad
Street sales reported by our real estate
man. one of the most important made
last week was that OF n J0-foot lot corner
Broad and Kenny Streets by j. Thompson
Brown and Company for 500, being
about $40 per foot, with improvements.
The same firm closed a sale Saturday of
an inside lot on the same block. Is feet
front, for $500 to n wholesale jobber, who
Will at once erect large brick ware
not feel at liberty to state either tie
not efeI at liberty to state either the
name Of tho purchaser or the character
!. of their business just at this time, beyond
the statement that 1t was the expansion
and growth of one OF the later business
enterprises, conducted by several OF Rich
mond's most progressive young jobbers.
and who had already outgrown their pres
ent quarters and needed more room and
especially railroad facilities.
Other Splendid Sales.
Among other sales. Messrs Brown and
Company report those of several Park
Avenue lots for Immediate building pur-
poses; three-story brick dwelling, North
Seventh Street, for $500, and several
Church Hill lots The same firm adver-
tises elsewhere the largest sale of the
season for Tuesday February 9TH, OF
seventy-three West End lots, on Franklin.
Grace and the Boulevard, which local
tiles are already attracting much atten-
ton from home seekers, investors and
Others.
A record breaking attendance is expect
ed Thursday, March LIST. when MeSsrs.
Brown and Company Will also sell by
auction some good paying Jackson Ward
property on North Seventh Street, parttc-
i,lars OF which are fully set forth in the
auction sales column of this paper.
The A. j. Chewing Company report
that business has been good with them
during the week that haI just passed.
They sold the following properties: Nos.
726 Brook Avenue, 500 Brook Avenue, So2
Brook Avenue, two nice lots on Hanover
Street near Elm, No. COL North Tenth
Street. No. 800 Allen Avenue, No. COZ
North Thirty-first Street nice lot on
North Twenty-ninth Street. No. 81 West
and 4o7 North Madison Street.
and a nice residence in Home Place"
In addition to this, they have several
large deals strong on the string"
Sutton and Company have Just closed
the sale to Mr. G. j. Hunt Of 193 feet on
the north side of West Avenue, between
Birch and Lombardy Street, for $50 per,
foot, amounting to sl1,520. Mr. Hunt Will
proceed at once to build row of attrac-
tive brick dwellings on the same.
Suburban Property.
Since Highland Parks first sales day.
February 10Th. the Highland Park Realty
&
Company has sold sixty-nine lots. and
with two.sales days, tomorrow and Tues
day, they expect to round up to an even
hundred.
The manager of the company believes In.
the use of printers ink, and says he Is
convinced that all man has to do Is
to let the people know he has a good
thing to sell. A trip out to Highland
Park tomorrow or next day will we'll.
repay one whether he be q real estate
buyer or not. All cars transfer at Sew
enth and Broad for Northsdo cars. which
stop on the property,
Mr.. s, l.. snowden, who is handling the
Brookland Park property, informed rep
resentatlve of The Times Dispatch that
he had sold yesterday fifteen lots, and
that one-thlrd of the purchasers paid cash
for their newly-acquired property Mr..
Enowden's sales have continued to in-5
crease ever since he entered the suburban
mo- VII t and ha said eyasterlov that opo