Omaha daily bee., 1909-04-18
REAL ESTATE GOSSIP
City Property Values Make Sharp
Advances During the Week.
GoLDNG INSTEAD OF SELLING
This Disposition on Part of Property
Owner. Makes sales slower, but
Transfers VIII Average
~ s1,6OO,OOO Monthly.

Owners Makes Sales slower, but
Transfers VIII Average
~ s1,SOO,OOO Monthly.
FOR the first time in a number OF years
shany real estate dealers who hold or
represent the most desirable vacant prop
erty in Omaha are taking the position that
more money is to be made in holding
Omaha real estate than in selling; there Is
an Indifference as to whether buyers are
TO be had or not and prices which have
remained stationary for years have sud
denly taken sharp advances.
with transfers OF 81. 10000 TO S,S0o,O0 each
month a large amount of Omaha property
is selling and there IL every indication that
more advances are TO follow. 1T is harder
TO get a buyer and seller to agree than
Il has been for a long time" says J. II.
Dumont OF J. H. Dumont & Son, real estate
dealers. Property is advancing and when
prices are marked up after becoming we'll
known IL is some times difficult to make
sales Harry Turkey, who has made some
big deals in vacant property lately, says,
"Three pieces OF property which l have had
an opportunity to sell this week, have been
marked up until II will be a little more
difficult to make the sales, If indeed they
are closed at all. Almost every piece OF
vacant property which we have on our list
has advanced in price during the last
month and it is hard to buy the better lots
in the best residence districts"
Among the Investments made by buyers
from out in the state during the week. was
the sale to F. G.. Usher of Fairmont of the
- UTflaa~ honaA ut III Park
avenue, by ]. H. Dumpnt & Son for 5000.
MIR. Usher intends moving his family from
Fairmont to Omaha and will make this
city his future home. He is a retired
farmer and stock raiser whose children
are either in school or employed at the
Fairmont Creamery company, here.
]. J. Donahue, chief of police, is off the
market, having bought a residence of
Jamie D.. Stowe during the week for $500.
Mr.. Donahue has been looking at several
pieces of property and finally selected this
residence. on Thirty-fifth street. between
Farnam and Douglas streets.
DR.. c. 8. Shepard, who has built and
sold a large number of residences during
the last two years. sold the new double
frame residence at Twentieth and Spencer
streets to r. f. Frerichs for $1,000. MIR.
Frerichs is a grocer at Sixteenth and
Locust streets.
William Paxton 1r., has begun selling a
number Of residences in the Prairie Park
addition, between T~wenty-seventh and
Twenty-eighth streets on Ames avenue. One
Of the sales made during the week was a
fire residence to e. r. Thresher. manager
- 49,. D..s- NJ, no.t~
has greatly improved the property since last
fall.
Payne & Bostw1ck will open this week
the Baltimore Park addition on Frederick
street, just over the dividing line between
Omaha and South Omaha. The property is
among the desirable pieces of vacant resi-.
dence lots In the north part OF South
Omaha.
An old residence at Nineteenth and Lake
streets has been torn down and the site
secured by the Hungarian society OF
Omaha with a view Of erecting a club
house.
improvements in the vicinity OF Thirty
first and LAX streets, which have been in
a way retarded because of the brick kilns
near. can now proceed, II the smoke from
the yards in any way interfered. The
Smith Brick company has secured add.
tional property and besides charging the
kilns will erect q smoke stack costing
$4,000. This will make the kilns as small
an offender because OF smoke as the or.
binary residence or store building.
No part of the city is making more at.
Nr.a4l..
changes than along Florence boulevard
which has been quiet for a number o.
years. t.. f. Stroud has just completed
beautiful home and is now lsndscaping tn,
grounds. His lots are 200 feet on tn,
boulevard and about 400 feet in depth, wei
covered with natural forest trees. TIL,
property compares favorably with tn
Rome Miller home. which has long beef
the most attractive on the boulevard.
Harry Lavender. who recently sold hi
residence TO w. H. Dilworth of the Bur
lington legal department. has bought a 10
on the Florence boulevard north of Anne
avenue and will begin al once the ~erectio
OF a large bungalow. Mr.. Tavender's 10
is a part of the large tract known a
"Kierstead's park" which is one OF tn
breathing spots In the city. overlookin
the new carter park and the Missouri
river. II will eventually become the sit
OF many beautiful homes.
Opposite the Rome Miller residence I
the west Harrison & Morton are erectin
a large modern residence on lots seventy
eight feet in front with a depth varyin
from $50 to 200 feet 1t overlooks tn
Miller private park.
The property owners on Florence bouls
ward have shown a liberality in putin
down a cement sidewalk six feet in widt
instead OF the usual width OF four OF fiy
feet. II Is proposed TO extend this wal
north past the Stroud home. and at lea.
as far as Fort street. This will make tn
boule sard about as popular with those tai
ing walks as II Is with the drivers OF car
stages and automobiles.