Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-09-14
REAL ESTATE NOTES AND
BUILDING OPERATIONS
Packers and Provision Dealers Buy
RosencSk Brewery To Be Con-
verted Into Big Packing Plant.
SALES or SMALL RESIDENCES
Views OF Realty Agent and Money
Lcnder-Home Builders Waiting
for Something TO Turn Cp-Whnt
Would Bring Boom.

Would Bring Boom.
Sales OF small properties, mostly
residences. featured the real csta'.
market this week. The active demand
for the better class Of residences con-
number of them did Not change hands
is that they were not on the market.
that is not AT price that is within
the reach OF the average buyer.
Holders OF such property are demand
ing heretofore uuhe2rd-of prices for
homes that are considered up 10 date
in style build and convenienCes. They
do not figure a. all on the ORIGINAL cost
the cost OF the material and labor re-
CURED 10 duplicate them III case they
should want 10 make more houses.
Values Placed TOO High.
OF course. il is legitimate and proper
enough TO figure thus bu; In most cases
the holders are everest imattnE the
cost ot building when they come down
10 iha point or selling houses already
built and then add :. bag profit 1t is
alleged by the buyers also that tho
Ao!0eTS nave gone l!ttle Wild over
the increased values OF the ground on
which the houses stand and are over
estimating those also. In short. the
boosting Of re-!ty values in Richmond
mas oeen within the pas; few weeks
much or the order OF the boosting OF
other things ihat hgure in The high
cos; OF living
inVes toTs-inNestors who hold property
LOT the rsrtS--are very much in eyi.
dence. Both Spectators aud per,ua
nent investors have made purchases on
.S cross streets as Well as OH
the main east and west thoroughiares
IN various parts Of the city THIS Kind
OF business is o: course more ac,ivs
from the center Of The city westward
Big brewery Property Sold.
me PIECES; transaction OF the pas.
week. tina; Is 20 be finally closed mn
the past Week. was the sal. OF "a
Nos~DeEh Brewery property. He-ri,ogc
Ho&a end Leigh Street The sale Ma
.aFoGe" J. Thompson Brown &
fatr!cH- Young Co. the wrii-kro,,-
.Th q met packers and u-oytSion
1919 i"e amount involved in the
transaction was $7!.co0.
'rooahie New Suburban Sub-Di,i.ion
,,,t, 9e sale includes ;he ground the
'Ii.G:Hss AID a.! OF the ,oriin,rsn,
and i is understood that au;tS qa.p, menu,
a re amount; paid for ,ha 49,. :. :,
-. :, eNps"0ed in adding to ,hr
arc converting the property.
- ~. 'HHGSts.a! plan, far diNeren,
ch.<s-s me-. .i,s eharaeter The prr-
s.!eni ~ 70 their PURPOSES.
~, Presumed that the buildings
Ls'l,F.* equipped 10 he used
.A-s.es-e paeH!ns esta b!!shmeat.
- De deal OF last week .ho
no iehH:ie particulars en- ~
=.'sa -r;.. all the p.rers IN ne
- --naeG over 10 the c,crI
- sd TO involve vajua h.
ne CRY Stree, Eoaa
Neen IN: Belt Line ana
70 property. and thar in
cerably' more than sIoh
lands. This big rr, 80
sa another magnificent sn-
S"> of Realty Agent
- sE-e;s agent on. ,.I,
==s oi money on MsG lends
.zlHirE with a T!Ses.pSjss--
.s.'?s6: ast'i i1ss S yss oai; SD
: a ~ because IN The wo G!,H
~ s S.. arc of the ,narKet,
= Wien 'H tSsse 10 n.o tqTn ";
So. --%.2s !o,s on whfisRS to ibn uilS
nyestieate the cos, 81
E-=s ~: are 5 5sga labor and TIE
sT out Of their wits. These
ssTz....E IN advance OF inoss
SAYS F:..n - ;b &C.; Il built in tormsr
~: a,.2 the would-be 5uiid.- Wou! iai
So" 80, sei.sati they are here 20
:Hz;s-z. a.c ABR. and ay :yr 20,
80 70 some time get back 70 nEc '!i,' :,
a. s. sd ;s. :9ou!a hs bui!l astdre ,hs ~
:s.- 20: M tl3st 1s could 10, ss!l .6 a:9 any.
.,-t:.s !-i.i ma, keeps the home
pa: aad am sure tha. j;
- .s;ei.al and labor we're read
-. -|H-9f-SW, o. II could b. DIN.
.o.ior-oT ths; there vii
- ~" sLca adjustment mn
.E!cts are periaaa.nt. ihere
~ higgesi building boom
! s:"2 :" ne hisior.y OF the city. It
n, matter which should h4 ,Gs
50 =" nooH would come"
"a. estate concern has loor1o,
o.! - horizon. Edgar Allan. j.
i..!..es.y postmaster Q: Rictntogd and
80 geo n real estate; Robert
= 49, VINO has been engaged J.,
taz..He for a Leca! aa1! i;so-ee
S.-@i-. :oF!n-T!y with Chenn.ag -
ana more recently scc-.Ia-v
Eea! Estate fxchangs. hsve
:-::".- ne arm OF ..!laI Savi!le !.
S.=zG and opened real estate o,,ir.s
"a '!-E.n!a Railway & Power Build