The Greeley tribune., 1909-12-30

with such ailairs, IL 'hP''"'' " -
subject
when the writer was asked TO pre-
narn nm article dealing with real es
tafs 10 be published in the New Year
edition of the Tribune, he was pu"
,Iod 10 decide from what standpoih
IN treat the subject Finally, tee'int
that Id such an article were 10 p'
worth while it must be Of use TO lhost
yybo read for profit and useiu! IN
fo-mation rs well as for entertain,
mont. he decided 10 keep IN NINA
me man who either owns or intends
IN own country or city property
wear ago at is time II my meh-
,rv serves me right, there was not
9rDaTpnt any especially bright pros
nact OF an advance in values feo-
Me had hardly gotten over the el-
fects of the slight panic OF the pre-
vious' year, interest IN real tS'SgT
MAS ann and there was a general
attitude of suspicion aud llaet'll1S'
Rut looking backward one TeAl4es
that the future was not toraseeh' LOT
mis- has really been a phenomenal
year.
Railroad and Irrigation Aids
Farly In the year it became known
that the Union Pacific would extend
ito lines into the Crow Creek couh-
try northeast of Greeley. About lhe
same time it was settled that the
Greeley -Poudre irrigation dlstrlVt
yould be formed and would lnclude
tho Crow Creek lands: and these Two
developments started lands to chang
ing hands and prices TO rising so
rapidIy in that locality that one could
scarcely keep track OF the SITUATION |
The net result of this activity mas
been. that lands have practically dou-
bled in value in a year all through
the Greeley-Poudre irrigation dis
trict-
The formation of the Denver-Gree-
ley Valley irrigation district south
east of Greeley. and the added de-
velopment of the Henrylyn district
still further south, together with the
decision OF the B. & NJ. railroad to
build into Greeley from Hudson, have
had practically the same effect on
land values in that direction.
The railroad developments TO the
southwest consisting OF the building
of lines by the Union Pacific and the
Denver. Laramie K Northwestern
have served TO create activity along I
real estate lines all the way from I
Greeley to Denver in that direction; {
while the certainty that the D., L. *
n. w. will build northwest from
Greeley as well as the uncertainty
As TO what route the b 4 NJ. will I
take after reaching the city from {
he south. have certainly not depress '
I'd prices to the northwest. @
Good Dry Farm Crops 7
Exceptionally good crops on the /
Try farming lands west of town. to- t
,ether with the promotion of some ir- I
-igation projects between Greeley and =,
Ioveland, have added to values in ,
that direction. The great rise In
value during the past year has been
in raw land with prospect of get
ting water for irrigation and getting
a nearer railroad point. Yet such ;
improved farms as have changed =.
hands have brought higher prices
han ever before. A record price was ,
when an eighty. three and ,
,ne-half miles from Greeley. sold for ,
1852 per acre AS a matter of fact, ,
t Is hard to determine the value OF ,
,ur improved farms. Many owners
will not put price upon their hold ,
ngs, hardly seeming to know them ,
selves what their lands ought to
'ring, or else being unwilling to sell ,,
It any price
Filings on Government Land
Another very marked development
n this district has been the filing
IN vacant government land 1t is
to ha, ~ hA / dc nd |
thousands of acres subject to entry a
rear ago, not one-tenth remains un
-aken at the present time.
While the rise in values in the city
has not been so marked as in the
country. still there has
been steady general advance. Such
properties as are known among real
estate men as bargains" and we're
IN the lists year ago have all chang
ed hands, and the bargains of today
are listed at prices that a year ago
would have been considered pretty |
stiff
Increase Population
The chief factor causing the rise |
in the value of urban real estate has |
been, of course, the steady growth |
in population. Yet | believe that
this rise has been due in a greater
degree than is usually realized to the
general improvement of the city in
beauty and in desirability as place
in which to live.
Every foot of sidewalk and curb
has improved not only the property
of the man who put it in but of every
other piece of property in town. The
beautiful new homes and public and
semi-publc buildings erected have
made every owner of property better
satisfied, prouder of his town, and less
ings.