The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-03-03
REAL ESTATE AND
BUILDING NEWS.
Market Very Dull and Transac-
tions Not Very Numerous.
Few Sales.
VIEWS OF A pEss'MIs1
However, Some Sales Have Been
Made and Not All Dealers Arc
Discouraged.

l-i'N,'llitS w.
There Is no use in trying to boom tils
real estate market Of Richmond. 1t will
boom itself when the boom time comes:
but that time has not come vet. rho fact
Is that Isichmond ground is rather low
at present, and it Is mighty hard to ge,
bid on anything that Is for sale that
will be entirty satisfactory to the seller
or the holder. There Is no sense in try.,r:
to boom things when there is nothing o.,
which to BOOM
Thus spoke a real estate agent yestes-
daS, who was somewhat of pessimlst
and evidently not pleased with the opt;-.
1nis'ic views recently expressed by Tne
Times Dispatch.
The real estate agents have mr., d,,,
very much business IN the. past wax
They have ali sorts of deals IN :.
strips, ana any one OF them being con-
suited would probably tell of M,
things that he has in view. but tie
iact remains that during the past wee k
fewer sales were made and fewer deeds
wcie carried TO record than In an,
week for the past year
Inc real estate people, 1t seems, have
taken on sort Of lethargy. that they
caught from tho stock market Never
taeless there were some interesting
safes made during the past week,
mostly n the suburban districts.
Sales That Were Made.
McVeigh & Glinn sold FOR Mr.. Wing
field Scott twenty seren lots in Scott 6
.lsIt ian, istyt 49,
lcvard, and between the Broad Street
Road and the Richmond. Fredericks-
burg and Potomac Railroad, and both
buyers and sellers were pleased with
tsie transaction. Mr.. II. S. Waller
sLcln Was the purchaser of all these
lots, and IL is understood that he
bought purely AS an investment, show
ing his faith in the value of srbur-
ban property. The same firm sold the
residence. No. $50 South Third Street
for $5,4Gu, a.r. John T. Ely was ths
purchaser. and 1t Was purely an in.
yestincnt.
New Buildings to Be Erected.
the real estate firm of ]. b. ELAN e
Co. who negotiated the deal which re-
suited in the erection of the splendid
building at the corner of Adams and
Broad Streets for .Iurgens's Son. are satt
tn be negotiating for the erection OF an
other and perhaps tandsomer building
on the remainder of the property ownea
~ Mrs. Helen b. Christian. Mr.. Funston
OF the firm OF j 3. Elan & Co., wa,
called upon yesterday by a Times-Dis
patch man and urged To tell something
on tile subject, but hc MAS exceeding )
fpticent.
However, after being pumped nc
finally admitted that such negotiations
were OH foot. but lie added that Will,
1T is probable tliat a magnificent building
will IN due time be erected. present con-
tracts would not admit of any work along
that line until the leases now in eXistenc:
expire. This simply means that the con.
templatcd improvements there will aot
be effected for ut least u year
Messrs. j. \. Connolly K Co. repor
the following sales as having been made
IN the past week:
Guthrie-consident $l,a00; house or
Cedar Street for MI. ]. Lee Dayis-co1.
stderarion, $4,000; small house on Sort.
First Street, for Mrs. Virginia Butler
consideration. 5000: Nos 70S-l0 alosb,
Street. for Arthnr Rooney. Jr--consider
alton. $500. 5-fnot lot on North Avenue
for Mr. c. Il, Willis: West Main stree
residence. for Charles Straus--considcr.,
ton, $4,000
another property for $4,000 concernjn,
which they are unable to give any mar
ticulars al this time
Ginter Park.
The skyline OF Ginter park i
changing rapidly, as many new rcsi
licences nre filling in the landscana 3 n,
adding to the attractiyeness and pic
turesqueness of this already bcn,ltif,,
ri SIDurD. Ihn IA rta nf III.
dences is OF Il high order and show
n distinctive advance over tile tyne
heretofore prevailing in and abou
Richmond.
Several more residences are unde
construction, and it is confidently pre-
dlcted that within year there vii
be at least fifty or sixty new famlie
living within the boundaries of TIN
park.
Plans for tho new school building
church and parish house to be bui;
on Walton Avenue, arc In course Q
preparation, and work will DO sturte,
as soon as possible.
The Ashland electric line, whicI
passes along tho entire western from
of Gintcr Park, is being pushed t
completion, and with thu opening o
this line. great activity in real cstat
in this sectioniia bound TO follow.
or the numerous sales recently mad
IN Glnlef lark, may be mentioned MI
ND. Duke, Mr.. Howard Gordon. MI
Il. w. Duke, NIr. II. Alexander White
of Columbia, S, c., Mrs. Helen H. Trit
ten and Nh c. u, peCanp.
Mr.. Charles ]. Green has moved int
his new residence OH Seminary Ave
nue..
The water and sewer system and ia
extensions are being pushed to compls
tion as rapidly rs the weather cond
lions will permit,
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New Post1nistress.
ROCKINGHAM, VA, March MIR