The Richmond Virginian. (Richmond, Va.) 1910-1920, 1910-04-16
ALL HER SUBURBS
BUILDING Up FAST
Great Activity in Property to the
West of Manchester, and for
Miles Up the River.
MANY HOMES BUILDING
Woodland Heights and Forest
Hill Tricky Settled Commun-
ities-Property Advancing.

Conservative real estate investors
have estimated that with the signing
Of the Richmond and Manchester con-
selidativn order the value of all that
property lying up the river from the
latter city, and comprising the suburbs
of Woodland Heights, Forest Hill and
vicinity, increased from 6 TO 10 per
cent, while II Ia further declared that
q similar rise win Immediately follow
the completion OF the proposed bridge
across James river. the construction
Of which will practically place these
suburbs within the city limits.
In larEe measure these increased
values have been anticipated by tn
vestors, for as soon as 1t was seen
that consolidation was assured con-
siderable number Of suburban lots
was bought by Richmond capitalists.
who thus evinced their faith in the
ultimate prosperity of the South side.
Lots I'm Good Demand.
From what is now Washington ward
to the Belt Line railway several miles
IN the river nearly the entire section
has been cut into building lots. very
few Of the old farms and larger
places remaining, 30 great has boon
the demand OF the suburban home
builders.
The woodland Heights property II
composed of about eleven hundred
lots. which, by reason OF the concrete
sidewalks recently laid and the water
and sewer connections offered every
one have been In such unu suai de-
mand that frequently the management
has been unable to furnish lots fast
enough in certain especially desired
sections. and has been compelled 70
open other parts OF the property
which otherwise would have remained
undeveloped for the present
Az a result OF this activity scores
OF houses are now built on this tract
which but q few years. ago presented
a rather barren appearances. the va
can't fields and hills being utilized by
nearby dairymHn az pastura8e FOR
their cows. while during the last three
months over twenty-five lots have
been sold and plans are now being
drawn for from twenty to thirty new
homes.
At Forest Fill proper there In very
little property on the market. as all
the available land has been taken by
those who will probably hold It in
| definitely, ~le few lots remaining be-
| ing valued in some instances at as
! much per front foot as they formerly
cost by the acre.
| That property lying between Forest
Hill Park and the Midlothian turn
pike. and which was surveyed ana
| laid OF into lots only short time
ago, IL to-day the site or a consider
able community, while nearly every
lot originally offered by the develop
! mant com pany has been bought by
home-builders
Building Up the River.
| Still farther up the river In the d.
ERECTION Granite. the first station on the
| Southern railway above Manchester,
houses are being built on every side.
| Farms have been cut into building lots,
and waste land Is being reclaimed.
istrAets are being opened. and through
Tout that entire section Of Chesterfield
county the march OF progress and de-
velopment II steady. moving onward
Iup the James.
Some idea Of the great increase In
realty valuation which has taken place
within the last few years may be had
from o study OF comparative figures
showing what certain pieces of prop
erty were worth at the last assessment
and considering these old values with
! their present worth.
| The Woodland Heights tract was put
| down az $4,000, Its present value IL
conservntively estimated at more than
| $275, 200, 20 great have the extensive
| improvements influenced, the demand
for building lots.
! Between the Woodland Heights
property and the upper end Of WASH
I in.ton ward. but lying on the LETT side
lof Semmes avenue, the street along
which runs the electric line. II q
smaller tract, which was valued 1t I'LL
| 000 The owner OF this property r.
captly refused 315Q.0QQ., thpMKh IN has
Ont on : number sof lnts fF0nt3ng On
the county road.
Just beyond Forest Hili. where tn
values are greater psrhaps than ary~
1 where elsA IN that part Of the oOpnty'
i 1fen = forfy-Rcre tract, AZ thu ia0& -
1 nesa1nant thie prppeftx Wa A1ue6 n
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