The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-10-29
REAL ESTATE AND
BUILDING news
Quiet Weekgin a General
Way; Big Sales in
West End.
GOOD BUSINESS
ALL OVER TOWN
An Old stager Talks-virginia
Place in the Limelight-Home
Buyers Looking to Rich
mond-Sales and Rumors
of Sales in the Air.
Suburban Notes.

During the week just closed the real
estate interest seemed TO have centred
largely IN the West End. and there
are all kinds OF talk about big deals
out in the Lee District beyond the
Boulevard and away out in me far
west suburbs. On the streets there
can be heard any amount OF gossip as
to big sales OF home places and large
acreage deals that spectators have
made. with immense pron,s In view
in the near future; but an effort 10 run
down some OF these wild stories re-
suits in showing the business OF the
past week 10 have been reasonably ac-
tive in home makers properties with
but q speck OF the speculative fever
visible. and that Is really a good sign
OF the times.
One Factory Site.
1t rs true that there has been not a
little activity in residential properties
on most OF the streets that poIn, west
ward TO and beyond the Boulevard
One firm tells mo they sold last week
moro than $4,000 worth of residential
property on West Broad Street to tht
sunset side of the Boulevard and be.
tween there and Roseneath Road They
Say that the bulk of this property went
TO home makers. although they admit
that spectators who are looking fol-
an early profit got in on several OF
the lots. that were sold One out OF
the SIX sales made by this concern was
large frontage to manufacturing
concern, which proposes TO erect q
factory ct an early date.
Another concern which handles Weat
End property to a considerable extent
tells me of sales that amounted to
G,Ix
that most OF the buyers propose TO
build homes at once. although 1t is
more thar likely that some of the
purchasers are looking to resales that
Will admit OF profits on short invest
ments.
Towards the Setting Sun.
There are all kinds OF other talk
about large sales In the West End. ano
IN these days of expansion the West
End goes mighty far towards the set.
ting sun, as far out as Westhampton
and Three Chop Road and al! around
the new Richmond College grounds and
even beyond. Including the sales made
away out there and some 500 feet on
Monument Avenue, beyond the Boule
ward, and all of that West Broad
Street property. l would not wonder II
the total was somewhere close to
100000 for West End properties alone.
The Grand Total.
a peculiar feature about these sales
ts that the Spectator is in the rear
rank, and the most of the sales were
made to permanent investors, folks VINO
expect to build on the ground the,
have bought. Not less than a half IL
dozen agents tell me that the majority
of the inquiries they have about West
End properties, and majority oil
those who are investing in the same.
are out of town people, who are max
Ing their plans TO move TO Richmond
and become permanent citizens OF The
best city under the stars.
Taken altogether, ! guess not less
than 100000 of real estate changeu
hands by actual deed or by bargain
and sale" during the past week. All
of this was not within the city limits.
for a great deaf of business was done
in the suburbs. and some farm proper
ties are included in this sum UP.
The West End and the suburbs did
not do ii all, for have heard of some
right considerable transactions ON
Church iii. in the eastern section Of
the city. and over in south Richmond.
Virginia Place.
Notwithstanding uafavorabfc wea tn
or the first day OF their sales. the Viz
ginia Place peoplc-that is TO say, the
Real Estate Loan-Deposit Company
report the sale of thirty-s'X lots. ag-
gregating something more than $22 1000.
THIS company is putting, in substantial
improvements, and they say that no
subdivision of lots around Richmond
Will he more elaborately improved than
what they term Richmonds garden
spot.
II is really Il pleasure for one who
IS Interested in Richmond and its fu
ture growth to visit this property and
see the marvellous changes that have
taken place In Virginia Place In tho
last few weeks. am informed that
tho company lis selling lots at what is
* lcontinued on Third Page,).