The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1908-02-23
More Inquiry for Property on
Part of Investors and
Home Makers.
BUSY ARCHITECTS
DRAWING PLANS
Army oil FIome-Builders Growing
Larger and Contractors See
Much Work Ahcad-Many
Handsome Residences
70 Go Up on Monu-
ment Avenue.
illent Avenue.

ment Avenue.
There was decidedly more activity in
the real estate market last week than
for tho week previous The weather
conditions were more favorable and
investors and home buyers were more
in evidence, 1t is true that the sales
actually cons,lmmated were not as large
| as some of the agencies had hoped for,
and not as large as all of them would
/ likc to see them; but considerable
| business was done, and the inquiry OH +
the part of investors was such as to
greatly encourage the agents and lead
them to look for much better business
| in the near future.
Several large deals that have been
Ion the string for some time were
closed. but the agents are yet reticent.
and decline to give particulars con-
corning some OF them. The aggregate
of sales for the week. as far as par
tfeulars could be asccrtained was about
| $4,000. and III may be added>to this a
lew larger transactions about which
the Interested parties are mum, but
which were closed all the same. the ag-
gregate runs Up to considerably over
| 500, 900.
On Monument Avenue.
| Monument Avenue continues to be the
popular thorougbfare 1t has ever been
since It's onenine It's natural beauty
| and its grass I.lots making it so. Ia
say nothing of the many attractive
residences that have been erected and
are som 70 he The smooth pave
ment has been completed around Lee
Circle and ttiis GOOD work will In tho
next few weeks b. continued to Meadow
street
MOI w'tn.taudins the financial depres-
SION OF ,e past few months much
p nsefi. ~ l,as changed hands In this
ete ~ lesS than seven sites for hand
sem" homes have been purchased with
IN IN me l9St few few months, and now comes
having nians made for. tine erection of
n"Illes mat Will range in cost from
$4,000 TO $4,000.
Handsome buildings Planned.
Mr.. c.. X. Howell. architect. reports
that he has the plans about ready for
I'VE houses, four OF which will be on
lets fronting forty-hve feet on the
avenue. Architect D. Wiley Anderson
some colonial home that will stand on n
lot ninety feet front on the avenue. be-
wen tWenn Me Meadow hrSs and Allison streets
names they report that three of the
houses above referred to Will be erect
etI on the avenue between Meadow and
go up. between Allison and Addison.
and all will be. pushed to completion
the r., coming spring and summer.
Mr.. j. t. Wilson. contractor will this
: summer erect handsome fiat to cost
something like $4,000. on Allen Ave-
neither denies or confirms the report.
but 1t is fact that he owns the lot
, and no man In the country knows
better when to build than he.
Messrs Dimmock and Lee are put
| ting the finishing touches on the plans
for the $4,000 home of the Jefferson
/ Club, to be erected this summer at the
corner of Allen Avenue and Grace
Street
Interesting Sales Made.
Among the recent sales on Monu-
Messrs. Leon Wallerstein, H. S. Bins
wanger and w t. Shepherd. The
deeds recorded do not disclose the
Messrs. J. A. Connolly e. Co have
closed the sale of the two stores Nos.
; 6lO and 612 East Main Street. occupied
by s. p. Bishop haberdasher. and
], property was sold for Mr. John r.
Ragland, and the purchaser was Mr..
Isaac Kaufman The price paid was
This sale is evidence of the fact that
there has been no deterioration In real
estate values in this city. Eight years,
ago this property sold for $500. Later
L.
for s1S,S50. Mr.. Ragiand rebuilt the
stores at cost of something like
$1,000 and has now sold the whole for
$25, 600
Messrs Connolly & Co., have also
: recently sold the property at the cor
ner of Third and Main Streets for Mr.
Hoffhetmer for $4,000. Or. B. A.
!, spalding was the purchaser. This
property was bought by Mr. Hoffheimer
few months ago for $4,000.
A. J.. Cehwnins. Company sold LAST
Q week the following prouertles. Tho
d residence and storehouse. No 400 West
CLAY Street, to Mr.. John II. Wilson. foI.
sss25 49, and ND Nc Tol North Fo.rth street
w. Blanton's real estate agency
g has sold the brick residence, No. los
ast f oaes street. pr 70 E Mrs 1race Well
S also closed up sales OF lots on Monu-
ment Avenue and Allen Avenue; also
smaller sales In other parts of the
Y Messrs. II. Seldom Taylor & Co. were
0 the agents who made big sale last
+ week, Int are Withholding the. partic,i-
! Taylor would not divulge tho 'ioca,
. lon of the property or the name nf
ste tTaf he M9Te Ss It. is under,
/ cally closed and valuable business pro-
, perty., about $4,000 worth. Was IN
building Operations.
All of the contractors agree with
: Mr.. Wilson. who was Interviewed ny
La Times-Dispatch reporter. and said
IN yesterdays Issue that there IS Il
and the outlook Is such ms leads Ia
the conclusion that the coming sprin;,
!, md summer will SEQ more building
going on In and about Richmond than
) has been noticeable for two or more
years past.
/ With building material cheaper and
labor moro plentiful, home -builders
and Investors are taking advantage Of
1.-THE situation, and there Is not a ,pn.
, troctor In these parts who has any fear
II of shortage of work for at least n
( Eycar to come.
Il Que contractor interviewed western
i day EXPRESSED the belief thta thacet Nj ~
be more building OF homes In Rtch.i