The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-03-12
Renewed Activity in All
Parts Of the City and
in Suburbs.
MANY BIG DEALS;
RETICEN [ AGENTS
Realty Transactions Extend to
All Parts Of the City-New
Suburban Additions Spring
ing Up-Norwood Has to
Expand-Lakeside Place
Looms Up.

Take it from me- said a prominent
real estate man yesterday. the demand
for Richmond property is good never
was better, and the agent that is not
doing business now, ii he has anything
real desirable to sell. has only himself
to blame. Business Is good. and l cN-
poet to sec 1t get better and better
still as the spring days come along.
Yes, take this from me as straight
goods proposition. and am notHwhat
you would call q speculator either. nor
even an optimist, III the strict sense OF
that term"
The facts and the figures concerning
last weeks transactions IN real estate
in and around Richmond would seem to
bear out what the man quoted above
had TO say. Even the unexpected
March snowstorm did not deter the
agents and the buyers and sellers of
realty from doing business except. per
haps. 1t put q dampcr on suburban
activity for about one and a half days.
Where Activity L. Prominent.
The business transacted and the ac-
tive inquiry recorded and noted indicate
that property Is In demand One good
Judge OF values Is my authority for say
Ing that anything on either side OF
Broad Street from. say. about Shafer
Street westward, is salablc. not at
fancy hgurcs, It may be. bit that class
of property is being looked 10 by real
investors. and they are willing TO pay
full value for IT.. Other properties IN
tho &c me locality are In demand, ana
the seller or would he seller will have
no trouble IN disposlnG Of the same II
he does not get his ideas OF value too
inual inflated.
There were number OF transactions
IN West Broad and West Grace street
properties. and also in West Main anu
sdioininL streetsdurinG the past week.
and in tic main the buyers were bona
Tide investors. who propose 10 hold on
to their purchases and In some IN
stances to make extensive improve
naents.
Residence property III tho western
rart OF the city has also been active,
and the agents who have good building
lots for sale, and are devoid of inflated
ideas Of values, have had no trouble IN
finding buyers.
some Pretty BiE Sales
r, is also true that Il great deal OF
trading and swapping has been going
on, but that is q good sign. for traders
and swa ppsrs never find anything Tor
their hands TO do on a dull or insipid
market
The biggest single transactions OF
the weel: were in Broad street ground.
The purchase by +. l., Sparks OF the
I.uhin Theatre property a $4,000 was
one Of them. The other was deal
that foots up about $4,000, and Is said
TO involve the property a, jefferson
and West Broad Streets. known as the
Mayo place
There are all kinds of rumors of
other big deals in the same regions.
but these rumors are hard to be chased
down to cast-iron fact. Some other
such deals may have been made, but
the dealers absolutely refuse TO tell
about them.
Joseph Lchenstcin bought through
The Noonandson Realty Corporation the
residence 1890 West Grace Street. for
which he paid s10.5oo. and will, after
adding some improvements, make 1t his
home This agency sold other proper
lies during the week. among them lots
in the 1000 block on Grove Avenue for
about $4,000.
Charles a. Rose Company made
good record. and while the firm was
reticent when approached. II leaked
out that their total sales for the week
amounted TO abou. $4,000. 1T was
mainly residential property.
Much in the Aggregate.
Richeson * CrutchGcid had a good
weeks business. Their biggest single
sale was the residence 40 West Grace
Street. which was purchased by L. Z.
Wilson for $4,000 y combination
store and residence OIL Main street.
between Seventeenth and Eighteenth,
for $1,000; q Monument Avenue lot for
$500; 1876 feet OF ground on Floyd
Avenue and West Street for $500; a
South Richmond home. and several
houses in the Jackson Ward region,
show somewhat the diversified work
this firm did.
Amos & PoindeXter also went all over
the earth to make sales. and succeeded
t.. So y;,,fr ,t, "A Il
and these included farm up on the
Richmond, fredericksburg and Potomac
road, some Church Hill property, houses
and lots in Highland Park, and place
OF Hanover street.
William T.. Purcell Jr., co. made a
variaty of small sales mostly OF resi-
dence property and vacant lots, which
footed up about $1,000.
AT least forty other agencies report
business Of like characteristic is Is
say, scattered all over the city and the
suburbs but for various and sundry
reasons they prefer not to give partic-
ulars Taken altogether. 1t is safe to
estimate that at least 100000 Of bus
* mess was done in the realty realm last
h weak. and this does not include that
which was donc among The traders ana
the swappers, either.
Norwood and Otter SuI.urba.
IN tho suburbs there. is decided ac-
tivity, notwithstanding the bad wealth
or Of the first part of the week. III
Ginter Park there seems TO DO renewed
activity. and the company having the
same In hand reports a good demand
for lots, and this demand comes from
home makers. who propose 10 build
his spring and summer. The company
has just opened UP Lakeside Place
which lies between Lakeside and los
cph Bryan Parks, and is Immediately