Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1915-11-21
REAL ESTATE TRADING
DECREASES SLIGHTLY
indications, However. Are That Busi-
ness on Local Market Will
Soon Pick Up.
ACTIVITY SEEN IN SUBURBS
Big Sales Made In County Property.
Building Operations Show Small
.as Decline, While Fire Loss for Week
Amounts to Only S425.
ACTIVITY SEEN IN SUBURBS
The Weeks Record

ket during the past week decreased
slightly as compared with the business
OF the previous six days, but surface
appearances Indicate a resumption OF
business on the local market not Wit
messed for more than year. The
small business of the past week was
considered 10y the agents yesterday as
reaction from the heavy trading of
the one previous
The agents. without exception. were
optimistic yesterday, and expressed the
opinion that business was improviuG
steadily. The improved business CON
ditions of Richmond. with the factories
and mills working almost full time. il
was pointed out, was Il sign that real
estate would take on increased activity
In the near future. While many Of
the agents are doing a fair business
at this time. others are not so busy
but look for good times with the open
ing OF spring.
SUBURBAN PROPERTY
SHOWS MUCH ACTIVITY
The agents interviewed yesterday re-
ported "A fairly good demand in the
city for all classes OF property. but
suburban lots hold the center OF the
stage, showing activity such AS not
seen for manyS months. This Is also
true of building operations. most of
tho new houses being erected in these
sections OF the city.
When the trading is boiled down and
the records are watched in the court :
there is evident. even at this time, with
business on the upward move. that
there is little really large business
being transacted The deals made by
the agents that are FOR more than sl5.
GOO are, nine times out OF ten. trades
l'ut the true condition OF the market
is shown In The large number of sales
LOT small property that are being made
These are al bona Gdc sales with the
buyers intending 10 build on the prop
erty In the near future.
DIG SALES MADE N
HENRICO PROPERTY
The sales Of city property during
the past week aggregated Sl5i,0>N Be-
creasinS slightly as compared with the
previous week. The MORTGAGES in the
city totalcd "a larger figure than did
the sales. with the releases surpass-
ing both 10y more than $4,000. In
HcnriCo County the sales were UNI
stances were for large property the
total for the week showing Il larger
nSurc than for several weeks
The deed conveying 9S3? acres on
the north side "f the Cary Street Road
from Mary r. Williams to \. l.. Nc
niel!ah' was placed on record in the
HeHrico Circuit Court. The purchase
price was sl93.io0. as reported in this
column recently. Mr.. Mcclellan will
pat the property, on which work has
already been started. and the new sub
division Will he placed on the marke,
III the near future. probably III the
carly spring. Another sale in Ienrico
landS was made yesterday. Henry =
Wallcrstcin selling to g. O. Worshan
tract OF Seventy-cight acres near IN.
broad street Road. about six miles
west OF the city Limits. The consid-
Grafton was reported AS bcin. s2G1o0
CITY PROPERTY SOLD
DURING. ONE WEEK
Among the sales IN city property last
week were the .ollowidg.
Essie Lehman IL Frank J. C;odscv
lot fronting forty-ninc feet nine
inches on the west SIDE OF Robin son
Street. just north % Hanover Avenue
for $500. John Il. Parrish acquired
thirty eight feet seven and on.-h,lr
inches ON tht~. no-;s- side OF Main
Street. just Vest u Strawberry street.
from w. +. Johnson, for $500.
Henry \. Srizzolara sold 20 w Creed
Davis a lot fronting thirty-two feet
at the southwest corner Of Monument
Avenue and Sheppard street. for $500
William H. White sold 100 fee, on the
north side OF stuart Avenue. lust east
Of Tilden Street. for $4,000
y lot on the south side oc stuart
avenue near u" corner O. Sycamore
Street, fronting twcury-,hrcc fee, five
and one-half inches sold for s,.3o0
This property Vas sold by Hugh G;
Russell and wife 10 " i Patterson
The sale was in the nature az :, trad.
between the two parties. for the latter
conveyed Russell Cevcral lots ON S,u,r,,
avenue, IN Henrico County. on which
a valuation Of $1,000 was plnc.d
John NJ. Crannr Transferred TO Irene
NJ Cranor tract OF li4.7 acres m
the south side OF the Nine-Mile Road j.,
Henrico County. about three miles from,
the city limits The lari was valued
at $4,000
BUILDING OPERATIONS
SHOW 4 DECREASE.
Building operations decreased slight
y as compared with last week TIN.
permits issued from the Office Of Euild-
ing Inspector Eutlcr arErcgatiuy i'm.
more than $50. 800 Tho largest pcr,ni,
issued during the week was TO the
Capitol Realty Company to build three
two-story brick dwellings on the east
side OF the boulevard. between Grove
and Hanover Avenues. that VIII cost
$4,000
The Virginia Realty and construc.
s ton Company VIII build a tyyo.storv
= brick tenement. i've dwellings,. on the
: north side Of Flovd Avenue. between
Vine street and Allen Avenue. tho COS,
3 Of which is placed q, $1,000
The Board % Police Commissioners
awarded the contract Tor Tn" construc.
tion of the new Second I.ollce sta.
tIon, located at the corner OF smith
Z and Marshall Streets. 10 J r Nucl,ols
The plans call for an elaborate build
Jag of modern design costing $4,000
FIRE Loss FOR WEEK
u ONLY NOMINAL
81 The damage entailcG by a;c durin:
4 the week amounted to $i25. Of which
about one-haif represents the property
loss TO real estate owners. There were
no large fires, and the damage In every
instancc was only nominal.
kE. Charles Kinney, formerly in the real
ftestate business in New York City and
S Long Island. was a visitor in the cit,
during the week viewing suburban
/. property with the idea Of purchasing
"a home In Richmond and entering tho
real estate field in this city Mr.. Kin.