The Richmond Virginian. (Richmond, Va.) 1910-1920, 1915-04-18
REAL ESTATE RECORDS
SHOW MONEY PLENTIFUL
That Ii Is Well Distributed Is In.
dictated BY tho Large Number OF
smaller Deals Put Through.
ABOUT 100000 FOR WEEK
Total Not Quite So Large As During
Last Few Weeks, But Tone Is Firm
and Demand Strung--Buiiding Ac-
uvties Also Reflect Better Condt-
ton.

With deeds Of bargain and sale, ag-
Gregating III value of properties
transferred nearly 100000, going
into the courts for record during the
last week, Richmond real estate men
are expressing themselves as salts
fed with local conditions. The facta
that the market continues steady,
with demand strong for smaller prop
critics, and that quick deals are being
put through are pointed to as indica-
ton OF the healthiest market Rich
mond has had at this season in years.
For several weeks past the average
aggregate value of property sold has
been above 100000 and in some of
the weeks of the spring the total has
reached or passed the 100000 mark.
While there was not SO much business
brought to record during the week
just closed as had been in some
earlier weeks, il Is declared that there
Ia no slump indicated. In a number
Of the previous and larger weeks
there have been several deals Of con-
siderab BILE size. The largest deal
shown In the records OF the last week
was in the neixhborhood Of $4,000.
while the number of deals put
through was much larger than earlier
in the season.
Money Well Distributed
The buying OF smaller properties,
both business and residence sites, and
tho entrance of a larger number of
people in the negotiations indicates,
II Is said. that money is much more
free than IL has been In months and
that II is well distributed-not CEN
tralized or in the hands OF few,
who might bolster or initiate the mar
ket's appearance by professional
dealing.
The building outlook continues
bright and there is a steady move
ment toward the Office OF the city
building inspector for permits to build
new structures and TO make repairs
and alterations 10 property needing
| Improvement.
There is looking Gp IN the vol
une OF inquiry for farm property and
number of deals Of size are under
wnY-A number of farm properties
have recently been transferred. buy
ers, in most cases. being strangers to
Virginia. who have benin attracted TO
this State from the North and Middle
West by climatic and other natural
and developed advantages OF the Old
Dominion. Farm agencies are opti-
ntstio over the outlook and the pres
ent year will see fewer idle farms
than have the years gone by Among
farm deals reported during the week
was the sale of come forty -four acres
on the south side of she Old Deep
Run Turnpike, about nine miles west
of this city. The property was sold
by, Peter J. White to John J. Leisr
field, for $3.50.
Building Activities.
Among the larger building opera
lions comes one that the city OF Rich
mond herself produces. that OF erect
ing the new public school on Balm
bridge Street. between Fifteenth
Street and Cowardin Avenue. South
Richmond. The new school Will cost
about 100000. Permit for it's con-
struction was given during the week.
Among other permits 10 build, issued
during the week. were those to J. LA
Davis. to build four two-story brick
dwellings on Davis Avenue. between
Main and Cary Streets. to cost $0,-
GOO, and to Charles *. Willis. to erect
two-story brick dwelling on the
north side of Grove Avenue. near
Sycamore Street. to cost $500.
The city OF Richmond figured In at
least two realty transactions during
the week. In one a strip OF land was
dedicated to the city by the William
Byrd Realty Corporation for the
widening OF Park roadway from
Riverdale 10 Chestnut Avenue, and In
the other 1t acquired a lot on vfr-
GINA street Il ultpf'. l%o Wy LIZ Aoct4
for $4,000. from James r. King ana
wife.
Some of Weeks Deals
Among transactions recorded dur
ing the week are: H. s. Wallerstein
70 O. j. Davis, 32f7 Hanover Avenue.
for $1,000: O. j. Davis to Mr.. WAL
lerstein. 1923 West Main Street. for
$4,000; Mr. WalIerstein 10 J. J. Miller,
a4h5 Grove Avenue. for $4,000:
Henry G. Chanblin TO Emma n.
smith. 2+2t Floyd Avenue. $500.
Mary T.. Brown TO Charles 8. Sickle.
brick dwelling southwest corner
Park Avenue and Rowland Street.
fronting 20 feet SIS 900: H. f. Ham
lton to n. r. Hey. 2620-2c West Main
street, IS, 900; John NJ. Lawler to City
Home Insurance Company two lots.
Orleans Street. between Fifth ana
Sixth Streets. Fulton. $7,To0.