Omaha daily bee., 1907-01-20
TIMELY REAL ESTATE TALK
Prices Of Farm Land Near Omaha Go
Higher in Figures.
RECENT PURCHASES SHOW STABILITY
Local Dealers Say Omaha Investors
Are But waking Up 20 the
Possibilities of the
Section.

More sales OF farm property were an
nounced last week by Harrison q Morton.
who in their capacity as realty agents sold
thirty-eight acres Of the J. NJ woolworth
estate 70 Oscar Pickard and Henry Robin
at N25 an acre. The property is five and
one-half miles west of Omaha and one
and one-half miles south Of the Dodge
street road. Another real estate firm is
said to have sold 100 acres of the Wool
worth farm at $125 an acre, and the buyer
Is thought to be L. Everett of Council
Bluffs, who took the Conner farm a few
days ago, paying $4,000 for 400 acres
All this, added to the news of Joseph
Connor's sale, has caused considerable ex-
element among property holders on the
Dodge road. This thoroughfare is paved
to distance OF eight miles west a the
Omaha postoffice, and all farmers within
reasonable distance Of the pavement have
mentally advanced the values Of their land
The recent sales have been at the highest
figures in the history OF the country and
the permanency of values is attested In
purchases by no less shrewd an investor
than Leonard Everett who has been all
his life an extensive and successful dealer
IN realty.
Other sales made in the neighborhood in
the last year are: s. IL Thomas, farm Of
100 acres TO A. p. Wood at S126 an acre;
ten acres Of Wear farm to c. Christensen
at ss625O an acre; Logan Enyart farm Of
leo acres to David stull at $40 an acre;
eighty acres irony Hugh McCaffrey and
David Reed to a syndicate headed by
George & Co. for $4,000. The last men
toned tract is to be parked and sold in
acreage tracts for country homes.
These purchases do not mean, as it was
reported" said Charles c. George, that
the new owners believed the Dundee car
line was to be extended soon. As far as
know there Is no such belief. 1t means
simply that Omaha is waking up to the
possibilities of its surroundings; that the
people are beginning to realize they may
have nice, quiet, country homes at the
same time they are conducting their bust
ness in the city. other cities of the same
size are already awake in this regard and
their citizens are building homes out sew
eral miles in the country.
ut is the automobile that makes this
condition possible. There is not yet enough
trafic on the Dodge street road west of
Dundee to warrant a car line, and travel
back and forth by buggy would require too
much Of a busy mans time With an au-
the morning after breakfast and another
back again in the evening""
North of Elmwood park is growing q
cluster of country homes. George H Payne
has completed residence, Mrs. c. E. Bates
has one partially completed and Mrs. T. c.
Shelley has broken ground for a house
John w. Robbins in the spring will build
near by. L. o. Perley. C. S. Hayward. E
NJ. Gibson and T. ]. Nolan have bought
small tracts and are planning residences.
Farms are selling in other parts of the
county, too, and two near Irvington, form
erly belonging to the HARDWOOD estate OF
Massachusetts. have been disposed Of
through r. C. Peters & Co. A. c. DER
of Pierce Neb.. bought one farm OF 10
acres and L. II. Anderson of Irvingtoi
bought another Of 40 acres Eghty-fv
dollars an acre was the price in both cases
The year mas started with great promis
for building activity. Up to Saturda
forty-eight building permits had been is
sued this month, against forty-fve 70
the entire month OF January, 1906 twent
for January, 1906. and twenty-five for Janu
airy, 1904. 1t will evidently be year Of cree
ton OF small homes. OF the forty-eigh
permits issued so far this month thirty
two were for dwellings ranging in cos
from l,9OO to 5000
II may be due to the proximity of tn
Union Pacific headquarters site, though
is more likely due to the general develop
ment of the city, but at any rate rent