Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-10-31
REAL ESTATE RECORD
AND COURT CALENDAR
LOCI Earkct Shows Many lndicn-
- lions of Returning
Activity.
: MANY LOTS SOLD IN SUBUNBS
\. l.. MctlcIlaud Buys Large Tract
West of City From Miss Mary 7.
Williams FOR Observation-Disclosures
Operations Are More Active.
The Week S Record

~ property transfers $780,. SIS0,s:I
80 deeds of trust ........,. 2i1..:i
80 rcIcnsc deeds. ......... I55..::,O
28 building permits. ........ Hi.tN0
Fire losses .....'.......... 6'"
For the first time IN scvcrlI months
the local real estate market has begun
10 show signs - returning activity. In
TACT. the prospects as they now stand
arc the brightest seen for the past
year. The results SO far do not hCciu
TO reflect the true state OF affairs. toi
the sales made and placed ru record
IN the courts aEcrCgat" "a little less
than S@GO. 600.
included in this tidy sum is only ono
sale anythiuc near a large SIC. and
that ono was for $4,000 The remain
der Of the business was for small az
medium priced property and suburban
lots. During tho past week there were
seventy-four sales reported. making
tho average value OF each sale ahou,
$4,000. ON the SoutlSide sales were
made amounting Ia about $c5.ooO. Will"
Henrico County lands were inactivc.
the total for the week hcinC little
more than $1,000.
SEVERAL LARGE DEALS
SAID no BE PENDING
There arc several largo deals pend
tnE. according to rumors in realty cir
cles- that will he closed during the
week. Two of tho sales mentioned in
this column last week have not ma
scrializcd as vet, but il is stated that
they will be closed without a doubt
The agents seen yesterday were OF tho
opinion that business was Jus, begin
ming 10 awakcn and that the prospects
were extremely bright. or course. there
are. exceptions to all rules, and one or
two of the realty mon did not sec much
10 he Impressed with just yet.
Money conditions are decidedly i'm
proved and much capital Is being
placed in loans. several OF tho agents
continuing their operations to this class
Of business almost exclusively.
While tho agents in tho main arc en-
ioyinc much better business. those
dealing In suburban property seem to
have the edge on tho others. and these
realty men all wore broad smiles yes
tcrday. According TO one gent. real
estate in the northern section of the
city. especially Earton IIcights and
highland Park. is extremely active.
and equals, If il does not surpass. the
demand experienced when these lots
were first placed OH The market SOW
cral years ago.
MANY LOTS SOLD
IN NORTHERN BlUBS
During tho past wccl thaic were
between forty aud nfty lots ola in this
section OF the city. and several hand
some homes. Barton iici.hts and
Highland Park are experiencing such
activity - has not been Witnessed in
the last two o. three Years The de
mand for lots is attributed to homc-
seekers VINO. il is said, plan 10 build
in the spring. There are numerous
buildings being completed ANA the ma
iority OF the homes are bcin" rcpaint-
ed, the entire section presenting Il pro-
crcssivc and pleasing appearance.
Residences have just been completed
h. y. G. Andrews, on Montrose Avenue
in Falkland; j. W. IIancocll, on Virginia
Avenue. iIighiauu Paris, Walter l..
Wills. two brick DWELLING on Lamb
Avcuuc and Two flats OF Stuart Road:
w. I. Phillips. residence on The Ter
rac', in Battery Court; y. Is. LauGhan.
fats on Lamb Avenue. and MI Hoffman
Two flats OF Garland Avenue, North
Richmond.
The big sale OF ;ar West End acre
aEe. reported last SUNDAY, ana the
forthcoming development Of u new
suburb or addition to Richmond con
unue TO claim much OF the attention
OF the real estate fraternity. The tract
sold for Miss Mary = Williams 10y
Charles \. Rose * TO. contains ninety
seven acres just beyond tho city luits.
extending from the Cary street EGa,,
TO Patterson Avenue ana along the Cary
street Road soA+'himg like l.ice feet.
rho property.ira.s UoUcht 10y y /. Me
Ilelland, who paid Sl93. coo for IL, llugl
Rose and J. Gordou smith. of the house
OF Charles A Rose & 60, muic III,
sale
This. one OF the largest ;raushctioue
made in real estate III this city in :,
long time, means the immediate. de-
relopment OF a new suburb. 1t is Tia,
Intention of Mr.. McCicllaud 10 hC-ir
the work at once. lie has already com.
pleted plans TO erect for lis own o,cu-
pancy very handsome home ON the
property.
INCREASED ACTIVITY
- SHOWN ~ UIIt.DINt
The Modern Home Builders, q uewll
organized concern. purchased q mum
her OF lots on the Northsidc during the
past week, and plan to erect moderate.
prced homes. work on which viii ht
started shortly. The Virginia Realty
and Construction Company will erect
2 tWo-story brick tenement contain
ing three dwellings, on tho north sid,
Of Hanover Avenue between Robin.
son ana Mulberry Streets thn, viii
ccst approximately sI6.SGG ~ H. :
Mac1-oan secured = building permit Tor
t"o-stor& brick dwelling IN tho