The Oroville weekly gazette. [volume] (Oroville, Wash.) 1905-19??, 1912-02-23
A HEAVY TRANSFER.

The local real estate firm of Black
Ter & Evans has just closed one OF the
largest real estate deals that has ever
been cOnsumated in the north part of
the county. Possibly larger acreages
have been disposed Of in single tran
saction, but the amount involved is
larger than has been heretofore paid
over in single deal. OF course The
greater amount involved is due to the
steady increase in land values in this
county. The land that has changed
hands consists of some 400 acres To-
Gated on the east side of the Okanogan
river, only a short distance below
town. A number of persons were in
terested in the land that has changed
ownership, among them J. F. Samson
Guy Fruit, Dell Hart, Arthur Lund
Mr.. Furman and others. The buyers
are eastern men. The exact price paid
is not given out, but naturally that ex-
tensive body of land, so favora5ly sit
uated, represents a very large invest
ment at any figure that such land will
command in the market. The price
paid was no doubt in the neighborhood
of 800 per acre. If the buy was tor
any less it was bargain, considering
what fruit lands in the valley are now
held at
Robert Evans of the firm of Black
Ter & Evans, who was largely instru-
mental in promoting the transfer, in
forms this paper that it is the inten-
tion of the buyers to improve the land
1t is no deal made by spectators
with the object of depending upon
the enterprise and labor of adjacent
holders to enhance the value of dor
mant property, held by nonresident
owners, which is too often a curse to
growing country. The aim of The
new owners is to contribute toward
the upgrowth of the country, and
thereby add to the value of their new
possessions, by improving the land and
planting fruit trees, and that is the
surest and most rapid means of in
flating real estate adopted to the
growth of trees. This transfer will
hasten the improvement of large
body of heretofore unproductive land,
and the improvement of that tract will
be greatly beneficial to Oroville, as it
Is only short distance away and di-
rectly tributary to the town.
1t can be said that this sale was
made largely upon the prospect of
the carrying out of the two irrigation
projects under the state law, that are
W De TdJlHeu at dH eleCClOn 10 De nelQ
tomorrow. The very promise of the
| construction of these water systems is
stimulating the real estate market, and
adding value to land within the influ-
ence of those bitches that had little
selling value prior to the agitation of
the enterprises. Let the vote tomOr-
row be favorable (and it will be al
mast Unanimously, and this locality
will experience one of the liveliest
seasons in the way of land transfers
that any section of the state has ever
enjoyed. Those who secure foothold
before speculative prices are demand
ed will be indeed fortunate. If the
mere promise of water sometime in
the future creates such a demand for
the rich valley lands, can any one i'm
agine what that demand will be when
water is once flowing through the
canals and bitches? These deals re-
Gently recorded are ouly preliminary
to a season of great activity in the
real estate market and before the
year closes there will be many trans
fers recorded. and a large and de-
sirable addition to the population
through the medium of those trans
fers.