The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-05-26
REAL ESTATE AND
BUILDING NEWS
Sales Confined Largely to
Small Homes and
Cheap Lots.
BROAD STREET DIRT
VALUED VERY HIGH
u2iclirlond Home-Seelicrs Looking
to the Suburbs, Where They
Find Country Lie and
City Convcniences.
Scarcity OF Ma
terial.

There was no more than the usual
activity in real estate circles during
the past week. The total sales footed
up something like quarter OF mill
lion dollars. and yet the real estate
agents are not Dragging about good
business in fact, they say things have
been rather dan. But then the agents
always think business Is dull when
they do not put to record deeds show
ing big transactions. They do not
regard the aggregate OF small sales
as "A big thing. and vet 1t is.
With the exception of the sale Of
the property at the northeast corner
of Second and Broad Street. for 100000,
the business OF the past week was
made UP OF transactions OF the smaller
kind. That salc, which has already
been noted in this column, was to Mr..
II. S. Wallerstein, and the price he
paid for this property was in the neigh
borhood Of si.iO0 per front foot which
is the highest price property in that
immediate section has ever brought,
and vet 1t is believed that Mr.. Wal
lcrstein has picked up n bargain,
More Small. Homes Wanted.
There continues an active demand for
small houses and small lots in sec
tons of the city where fortune is
not required TO buy home or the
ground upon which 10 build one.
This activity in small property is
not confined to one section. People
want to get homes, and i; toes not
matter very materially where they are,
3ust so they are In Richmoud or in
the beautiful suburbs. The industrial
development Is bringing new people
10 town every day in the week, and
they must have somewhere TO live.
Many OF the newcomers bring along
enough money 10 buy a home, but the
most OF them are renters, and 1t must
be said they arc experiencing hard
time in finding good houses for rent.
Renters Can't Find Houses.
There are probably fewer for rent"
signs on Richmond houses right now
than ever before known in the history
Of the city. The blue pencil mark is
very conspicuous on the rent list OF
every agent in the city. The blue
mark means that the house which it
touches has been rented The season
for listing houses for rent for the fall
season Is about opening, and the lists
the agents are making out were never
shorter. Houses are rented far in adj
very many of them are disposed of
without the aid of an agent.
Activity Il. General.
The activity. both in the matter OF
rents and sales, is not confined to any
one part Of the city, East End prop
erty, as far out as Thrtieth Street and
lakewood Avenue and Paramount prop
erty, enter into the deals that have
ippn made. 6ityipp "a nn act
out in the West End and In Lee Dis
trict tLhre has been something more
than the usual activity and agents
have made private sales without any
trouble, The northern part of the city
has also come in for a fair share of
activity, and inquiry in that section
leads the agents to believe that the
later spring business will show many
good sales of the small residence pro-
pertS IN that attractive part of Rich
mond
In the suburbs there has been the
usual activity. A special big deal
in this class of property is said to
nave peen practically closed during the
past Week, but the interested parties
decline to give particulars at the prcs
ent time and as the deal was a strict
ly private one and has Tot yet reached
the record books, it is Impossible to saw
more about 1t.
Detahs OF the sales of the week are
hard to get. however. AIessrs. r
Thompson Brown & Co. loosenaa ~
sufficiently Yesterday to disclose the
Following sales made by them. Tha
Fioyd Avenue dwelling No. 3l1l ro,
$3.50 a Lee Annex lot for 5000 the
frame store No 939 Washineton stree
Tor $1,000; No 20 South Cherry Stroot
Tor $3.50: No. II South Norris Street
Tor 81 900 vacant lot on North saw.
enth Street. for $40.
Highland Park Development.
Modern development and uncXcelled
natural advantages combine to make
Highland Park one OF the most do
slrable suburbs around Richmond. Io-
Gated as it is, on a high elevation
With commanding views of the sur
rounding country it>offcrs to the pros
pective housckeeper many Inducements
which are to be found only in this
vicinity.
Rlchmond people are Just beginning
to realize the many advantages to be
derived by living in one OF the many
nearby suburbs, There they are away
from the crowded city sections and
have an opportunity to enjoy real coun-
Try life, and yet within but fifteen min
utes of centre of Richmond.
inc time consumed in transit is much
less than 1t takes to go to parts Of the
West End,
IT is surprising how many people
having lived hereabouts for years are
unfamiliar with the great strides some
Of the suburbs are now making.
Highland Park, with its new devotion
ment can show them a thing or two.
Gintcr Park.
Ginter Park is easily and quickly
reached by two trolley lines tho Ash
land road (building) from Broad aud
Laurel Streets, and the North First
Street line from First and Broad