The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1911-09-10
REAL ESTATE AND
BUILDING NEWS
First Week in Septem-
Der Ends the Sum-
mer Dizziness.
WEST BROAD ST.
IN LIMELIGHT
Election and Other Excitement
Delay Many Large Deals.
Outsiders Looking to vir-
ginia for Good Farm Lands.
Richmond Agents Selling
Acres Far Away.


TO be the end of the so-called summer
dullness in the real estate market In
Richmond. 1t Is true that the excite
ment consequent upon the primary
election involving two seats in the
United States Senate. many seats
in the Virginia Legislature and
many snug city and county Of
flces all over tho State. and the even
greater and longer drawn-out excite
ment over the Beattie trial, interfered
seriously with the calculations of some
OF the real estate agents in that 1t
prevented the finai closing up of var
ious deals that were and are tuss ready
TO drop OF the string, but there was
much activity and any amount of In
quiry and Investigation on the part
OF spectators. investors and home
makers. Three large deals thar are
Just ready to be finished up by the
signing of deeds were carried over
until this week, and the agents en-
g!neering them declined to give out
any particulars until the all-important
documents are signed up and placed
in the hands of the recording official
in the courthouse. 1t was limited, how
ever, that these deals In the aggregat
involved the exchange OF coin of tins
DoinEp On West Brond.
II. S. Wallerstcin bought from Pol
lard & Bagby the property at thu
northwest corner OF Eleventh ana
Broad Strets for the purpose II it
said. OF pulling down the frame strvv
ture that now stands upon the nifty
eight feet frontage and erecting ar
up-to-dato brick business house. Thu
price paid was $4,000. Mr.. Waller
OF vacant ground on West Broad Stkeci
out towards the Roseneath Road.
Activity in Broad Street property
west OF Allen Avenue and away out
as far as Roseneath Road was de-
! cided feature of the week. One, agent
told me he sold forty foot lot on
Broad. between Allen Avenue and Ali
son Street. three times within the
week. and in the same locality he sold
sixty-three foot lot twice within the
week. He sold several other lots one
time. Among the investors in far West
Broad was Ed Frost, who took in for
investment a 250-foot lot out towards
Roseneath Road IT is evident that
the city authorities are looking for
much building in the far West End
for they are doing O lot OF grading
and sewer work or eros sstreets west
of Sheppard Street, between West Broad
All Over Town,
was told by leading agent that
all eyes are now turned towards West
Broad and intersecting residence
streets. In the meantime beautiful
Monument Avenue is also in the lime
light. several deals having very re-
Gently been made IN lots on that thor
oughfare. Only yesterday 126-toot
lot on the avenue brought sl25 per
front foot.
These new transactions that have
been merely outlined. taken with much
activity In the eastern part of the cIty
and great deal OF buying and trad
Ing going on In the suburbs and bus
iness and factory sites IN active de-
mand in South Richmond, all 90 70
corroborate the optomistic statement
OF prominent agency made yester-
day that this fall OF the good year1s11
is going to lie the livest and best
autumn the real estate men have
known in re mond within the past
decade, and be It remembered. thew
have had mighty good business every
fall and winter for nearly ten years
back.
Farming Lands in Demand.
very interesting feature of the
past weeks business Is increased ac-
tivity among the mel who handle yfr-
g'nia farm lands. Richmond agents
are selling farms pretty much all over
the State. that is in pretty much all
that part OF 1t east OF the mountains.
L. w. Harris sold last week to F.. I.
Hawkins an Amelia county farm of
s12 acres, said farm being not more
than seven miles from Amelia Court
house. 1t was owned until last week
by Edward Heinze Another Richmond
agent reports the sale of a farm IN
Prince Edward county, and one In
Charlotte county. Gibbony & Nuckols
last week sold a Henrico county farm
I'D also Inc in iuvanna county, near
Columbia. Another agent tells of sell
ing small farm not very far from
Richmond to an Alabama man. and the
curiousness about this deal Is that the
Alabama man has never seen the land
the whole transaction being completed
by correspondence. 1t seems that peo-
pie are always more or less anxious
to get to Old Virginia. All of the
agents who handle country reality
report increased activity and urgent
inquiry for Virginia farm lands from
Western Northern people, and 1t is
rare nowadays that you can find the
farm land agent in his city Office all
day He is spending the most OF his
time showing newcomers Virginia
realty away out of town.