The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1912-02-18
Buslezt Week for Many
Years, So Real Estate
Agents All Say.
ALL EYES LOOKING
TOWARD THE WEST.
Big Doings on the Boulevard and
Beyond Towards the Setting
Sun-Richmond Grows West
ward and Northward-so
the Investors Seem to
Think Now.

There was something doing n .rsa,
deal OF 1t. in real estate las, wecl i,
- nara 10 keep up With all of the
DIE talk Some of it may be only wils
'aiK' but undoubtedly there has beer
something doing, Most OF the agents
curing the past week were decIdcIy
on the jump ana made things go
| "hiie others not in the fortunate. class
eoeheu TO think general business was
aot above normal ana as or in.al
| friends would say. accepted some OF tne @
:uihors OF BIZ deals, cum t,rnno salis.a
Inc jumping set. however. were
| much in evidence, and some OF the
agents report that the past week has
| neen record breaker" both in
| number OF sales and quantities of land 9
! soid. FOR some reason, not yet clearly
! Explained the northwest section was
| IN centre OF attraction to the IN
vestor, and the principaI ield of opera
| Mons. one man says the location OF
! the proposed new baseball park in that
section was important factor.
Another that the publication OF tine
Kline Motor Car Company plant Iii last
sunday limes-Dispat ch boosted tthings
along. and still another says vagui
rumors Of the possibility ut Il raiiroao
company being behind some big pur.
as il may. Some of the big deals hint.
! ed at In last sundays columns fully
matcriaizcd, and some big chunks oi
acreage property and many lots chang
| ed hands.
Million Dollar Week.
| The big sale of the Chantilly prom y
erty has already been told abou. IN
| me Times Dispatch, exclusively, ! may
say. That was big deal, and added
to some others that Will be herein
after told about, will make the foot
inGs for the past week run largely
over II million dollars.
One OF the old stugcrs in the real
estate business said TO me yesterday
morn ng: This has been the biggest
week Richmond has known insthc real
estate business for ten years" think
he overestimated things little biz,
but all the same IL was II big week
| Mr.. Amos, OF the firm Of Amos S.
PoindcNtcr, allows me- TO quote Him
as follows:
"a movement on West Broad Street
greatly enhancing property values
there was confidently expected for this
spring by all the best posted traders
land agents. but few anticipated such a
Tremendous activity as the past week
witnessed, when the cat got out of the
bag and sent big and little dealers
scurrying TO get in before the general
public. For the time OF the year the
hncd in II measure TO West Broad
Street and SCOTS Addition. where
every thing was turned over from the
Boulevard to the Belt Line Railroad,
forcing the prc, Of Broad Street
property upward from $50 to SIPS
per front foot, During the Week we
sold out there property agsregating
about $4,000 with additional sales.
centraly located, of $4,000
I,ig Sales md Big rtniis.
One OF the real big sales of this
week was made by McCurdy * John.
son. They sold for t. ~ Saunders 500
feet OF ground West Broad Street
just west of the Boulevard for $4,000,
c. +. Saucr WAS the buyer ard he mado .
the purchase on Wednesday, BY Fri-,.
day morning he had sold all OF the
property in lots less about sixty feet,
and IL goes without saying that he
made profits, and big profits at that,
| twenty or more Investors and homa
builders were among the purchasers. I
hear that AIR. Saunders oought this
property less than two years ago for
about $4,000. He would not confirm
this report, but just smiled IL bit q
smile that indicated that whatever may
have been the actual iSufes, he was
mighty well satisfied with his profit.
| McCurdy Il Johnson made a whole
lot OF other sales, the particulars OF
which were not obtainaple, but in
|
| transactions OF more than Sli0,0O0
| Pollard Il BaSby were a little dscon-
certed by lot OF premature reports
that they had sold the bank property
| ut Eleventh and Main Streets, but all e
| the same" said one OF the members OF
the firm we have done some big busi-
ness. We sold the property known as
| Station y post-Ohcc on Harrison
street TO H. s. Wa. .rstein for $4,000,
also lot OF propcrt: in the Scott sub
division for $35,500. aud some acreage
and some other smaller deals. footing
our weeks work to near about si25,-
000.'
| All Eyes Turned Westward. af
| Gibboncy X Nuckols made bunch OF
sales, mostly in the West End, that
foot up more thar 100000.
| The Charles y. Rose Co. who have
| recently moved into new quarters on
| Eighth street. where they have splen-
did offices. sold about $4,000 OF good
| property. mostly III the western part of
! the city
ruahrmund & Bowies report sales
amounting TO something over $4,000.
which include lots on Roseneath Road !
and on various streets in the wcst-
ern part of the city, I'd
There were all kinds OF sales OF
Broad Street and West End properties, KS
both business and residential made y
during the week. and two dozen Or
more agents We're Interested, among
them Richcsop Il Grutchtield, IL Sell y
don Taylor Il Co, j, Thompson Brown
| & Co.. j. y. Carneai & Son. the De-;
moons. Elan & Funston, Green & REED,
w. F.. Purcell Company and othege. L
\ 5000 ~, =, -;