The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-05-15
REAL ESTATE AND
BUILDING NEWS
General Business in Real
EstateC Circles Good, but
Not Up to Average.
FIGURES FOR THE
MONTH OF APRIL
Big Auction Sales for This Week.
Ford Property to Go Under
the Hammer - Peter Paul
Property Gets in the Mar
ket-Active Inquiry for
Farms.

Real estate agents in Richmond
have different opinions as to condi-
tons. and those opinions are generally
gaugcd each week according to the
amount of business done by the in
dividual agent. Some weeks some
agencies do big business and some do
little or none. The fellow who does
the big business sees the brightest
kinds of skies, while theAother fellow
who had bad luck. sees no skies at
all, but altogether dark and gloomy
clouds
There are not less than sixty-five
real estate agencies in Richmond. as
1t used to be. and since the annexation
of Washington Ward there are about
seventy. OF course, all of these can't
do big business every week, and the
ones who do not are disposed to think
the comet is about to strike terra
frma, or something else even more
serious is likely to happen.
Nothing of the kind has happened
during the past week, nor Is anything
of that kind likely to happen for some
time to come. IL ever. but. all the same.
some Of the agencies have had dull
week Others have done tolerably
well. and some mighty well. on the
whole. business has been fairly active.
hut probably not altogether as volumi-
nous as 1t was Lne week pic'AoGo "a
for several weeks past.
Business Done and Likely to BE.
Some of the agencies will not tell
what they are doing. and sometimes 1t
is rather difficult TO get the whole
volume of business summarized, put
from the best information obtatnaole
II would seem that the transactions
OF the past week, that is. such OF them
as were finally contaminated. amount
ed to something over $4,000, maybe
as much as 100000. l have been told
in a confidential way of number OF
big deals that came very near 10 being
wound up during the week, but YET
lack the finishing touches some OF
these run way up in the thousands OF
dollars. some as high as soo.oov; pus
the papers have not yet been signed
up and TO report them in advance OF
the final signing up would be but to
deceive.
The activity. such as it is, extends
from the extreme eastern limits or the
city TO the West End sections and out
in the suburbs. Indeed. In the east
err section Of the city there is said
to be more than usual activity LOT
that section. Fulton seems TO he get :
ting on something of boom. me
determination of the Chesapeake and
Ohio Railway to locate big shops down
east of Fulton. and the we'll se&i.ed
plan of the Richmond and Hentlco
hallway Company to locate Its power
nlant in Fulton. taken together with
tho c,ty's plan to elevate and impr%e
Lester Street in Fulton. have all conf
bined to awaken deep interest in Full
ton property. A building boom has
been set on foot. and some handsome
residences are now going up on the
water front.
About the Battle Abbey.
~ End yr-a c
decided activity. The anal settlement
Of tho location Of the Confederate Bat
tie Abbey has created boom in the
Soldiers Home region. Amos & Poin-
dexter, an agency which controls much
OF the property In that region. made
some cracker-jack sales there the
past week. They sold an entire block
not only once but twice. First the,
sold 1t as acreage. and then Tor the
purchaser they cut 1t up into five di'
visions and resold 1t. The totals OF
The double sale footed up $4,000
which was pretty good weeks worl
Of itself. In addition, they sold mucl
residence property in the same neigh
borhood, that is to say, along Stuar
Taylor Streets, amounting in all u
about $4,000. The purchasers In TIL
main were investors, who expect =
make money out of their deals ant
uuite likely they will.
There were many other sales Y
the West End, but as a general ruiz
the sellers as well as the buyers ar
reticent about their transactions, ant
but very little definite information. !
obtainable.
Well Known Property Sold.
An interesting sale In the bushes
part of the city was that made b.
Richeson & Crutchfeld They sold TO
Mrs. Sydnor the old Peter Paul prop
erty, fronting on Fifteenth and Frank
lin Streets. for $4,000, Hennlns !
Nuckolls We're the purchasers. and !
IS understood that they will use thei
new purchase TOR a big storage ware
house for farm implements.
Richeson g. Crutchfield sold othe
properties in various parts of the cit
amounting to about $4,000 more, in
Guiding Nos. So and SEA West Car
street, which We're sold for Georg
Ruppe to the Schmidt estate for some
thing near $4,000.
Another interesting sale was tina
made by Pollard & BasbS, consistin
81 more than thirty-seven5 feet o
Fourth Street, between Grace an
Broad for $4,000. w. ]. Gilman wa
the buyer and the sellers We're s. an
5s,5I. Cohen 1t is understood that Mr.. sSiil
man will proceed at once to improv
this property.
Various Good Sales.
Colsan & Nash sold nine or ten LOT
In Westhampton the past week. an
also considerable property In Manches
ter. or washington Ward. They ais
report very satisfactory sale of We!
Broad Street property at the corner
Allen Avenue, for which they obtair
cd $5,9o0 sl
There were many more sales made I
various agents but they decline to te
the particulars There are also variol
rumors OF many big deals ranging fro
$50, 900 downward, and some OF the
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