The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-11-02
Realty Values in Last Ten
Years Have Almost
Doubled.
GROWTH sIE Ell YEAR
Report 5ofs Assessors Shows
Some SUR tprising Com
pariso ofls.

Closer scrutiny OF the realty as
sessment for tho city OF r. chm. oid
shled YESTERDAY morning with the Aa
ditor OF Public Accounts of Virginia
shows an even greater Increase in'sths
value of houses and lands than was al
first anticipated. Realty values in the
city. .limits.with lin .tenssyaa rs have al
Imost doubled: BY tnyert tenGe the
tables given, yesterday mad Y a ppear :
THAT the increase hown was for q ph-
lsriod Of five Years. 1t should have
'3been explained tisat the, c omparison
vas based on the asse Of five
years ago. plus the ll 4. buildings
erected during the. Intervening period.
Commissione Of r Revenle, ma king the
comparison even more striking st than
was first shown, Ii. Y. HIS ! s.i.s
houses and lands Is made every live
the Hastings Court. Each year there
after. the. Commissioner Of Revenue
i adds the value OF new buildings erect.
ed and deducts those; destroyed, /, keep
ing the I. basis of. taxation IS nearly
up to tie. as nossib Il
According to reports on iile In 4 ne
City, Auditors office, realty In theacity
was assessed In 1895. 3 flfteen years. ago.
sat S44.4 54,9O1. 4. as foil ows: Marshall
Ward. s3,2ls,943; u Jcffersons Ward. s6.-
s8l1,7l 6: Madison Ward, s9,3i77i7. 40b;
Monroe I'd ,so;$ s43,a32 .S Clay Ward.
sl3i24SsS699;:aJ ack son artl B s2,953, 843,.
y, Gain! FOR Ten YeN rs.' Il, Z,
81 lem sf q owed. a eriod 80 Of great
= in ,Richmon nd d,sss when realty
values fell off, Tho esasse ssmen 900,
ten! years ag taken during thesslump
3whtck9 fol lowed boom lines, showed
9sssl ", only assessed, a t. s40.929.6l2.
The .assessmentsthl thlssye ear Of s $50 q, Il So,
shows q gain i in ten years i Of more
than Ssa per- cent: 9.s9 81 ss
IN Tie assessment Of 900. by wa rds
was u asa fol lows:: MARSHALL So al 4, ,22s::
y Jefferson. S5,72s.l9a; Madl dlson.s ss,312..-
4 Monroe, $s,077,a96; \; Clay IS Il, ,O9O, "a
1913, u ckson, $a,52o.5o5; h: Lee $1.o5p,-
q s5-s N, ~ S
tier 100 he began to- tak he on
new fe, Manu- turin s. plant open Il
ed, 4, and capital be gan II to- lool to- the
South ii or Investment. Il The assess
men OF q 905 d bows a total Of. s$46,9li,,s
l722s..ssy .-3 that time. i8the ward
lines had she een ire arrang ed il aga In and
Lee District was hee eomtn 81 q factor.
The assessment OF i 9o6 by ward $ wa !.
MS 10 low Marshall, l, 81, ,a3o;; lack;
sop,s SIG o5,Ga3; Mad ison, Us In. s s71s2So;8
Monroe So, 4 sl,is7; Clay 1900;
Henry : 6, &c. 3 IA; # Lee, i, SIT 60, SOS.
Hill Annexation OF 600. siiiiS /
sf8 7 his WAS the lasts;a assessment made
by court commissioners on the basis
ot lands and 5building gs,g and Without
maxim Is an, nj lowance for an lion
or lew bull ildings, the new assessment
s shows q gross incr so i In 4 five years
go. per cent 4 81 Isa
H II Is the last five, years a that have
shown the growth O & + the city.s The
annexat ton Of u large strip OF Soutly-s
lns terfitory. followed in "a cember.5
1906 rl,s valuing sthat ii sproperty II IN
1901 for ton At heoanle les n oessaryi
toa take the valuation placed bYS the
Henrlco county !. .ss,assessog inads on
sounty nc crea ags IN 4 sob ma H h add the
bWildlngss ii y 81
This stheFssst Tia n ilEst sap,ens
4 Continued on S;sAth I'ass.l