Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-11-02
REAL ESTATE ACTIVITY
ALL AROUND RICHMOND
Sales for tho Past Week Aggregate
Enormous Sums-Various Kinds
OF Property Changing Hands.
DEMAND FOR SMALL HOMES
Much Business Property Also Being
Bought and Sold---1nvcsting in
Apartment Houses--No Bolshcv.
Ism Among Home Owners.

There was activity of all kinds III
many sales that were made varied in
character from the humble $1,000 cot.
tnge To the 100000 apartment and
from the small vacant lot at less than
$40 per front foot 10 the high-price, d
Monument Avenue frontage and from
the roomy lot in the suburbs TO the
large 100000 acreage in tho Same
regions.
The last mentioned sale was made
by Raab 4 Co, who sold to Muhlc-
man " kayhoc all the available lots in
i lao ,,,a, lark. 1t Is the purpose Of
iheir part in relieving the housing
situation in ana around Richmond.
IheT have already put architects to
work drawing plans for fifteen or
on these lots at an early a date as
possible. II is expected that resi-
denccs will be(reahy for sale or rent
on about one fourth Of the eighty lots
included in the l.aburnum Park pur-
chase by early spring.
Sales of Many Kinds.
Raab 4 Co. report number OF other
sales of residential property in the
improved. among them being 23O6 JEFF
ferson Avenue. 200 Hanover Avenue,
1913 Colonial Avcrue. 10 North Meadow
Main street; also the business prop
erty ri 1ai7 EAST Main Street. Ills
East Main. 40 East Main. 700 West
broad and 322 West Broad. These prop
critics in the city proper brought fine
prices and the sales aggregated Sl67,-
600
The Apartment and Homo Building
Sl7o.0oo the three apartment houses on
Grove Avenue known as North Windsor
Court. East Windsor Court and West
Windsor Court.
Pollard & Basby report the sales
Of city and suburban property, largely
residential. amounting 10 quite $780,
900. all during the past week, but az
ready for the attention OF the record
ing court clerk. particulars and details
are not given out
From Humble Cottages to Mansfons.
Elan & Funston made sales last week
show the variety of the business now
being done in the real estate realm.
These sales: made privately. were as
follows: No. Giovcrnor Street for
10000. 209 east Franklin street for
$4,000. 2i4 and 10 and IS West Mar
shall Street for $4,000. 1903 West Cary
Street 70! si;s59: 'lg AZ, Sor'h Tw Snty,n
rGe' stree, fog $500 N9t6 os
Ashland Avenue for $1,000. ala South
Cherry Street for *l,l5o, az North
Twenty third street for, &3.25o. SOC
Moss Side Avenue tNorth Ruchmond)
for sS.S25, ten acres on Cary Street
Road for s45. $50. 100 feet on Hawthorne
Avenue for S2,250. thirty-one feet on
Grove Avenue for $4,000. There were
sales OF residential properties from the
cottage to the Franklin Street man.
sion and the vacant property from tho
small lot 10 considerable acreage, all
showing the healthy demand for Rich
mond realty.
WAY to Hcnd or nolshe vism.
All of the agents report active bust
ness for last week, some of them men
tioning very large aggregate figures
without giving details of the transac-
tons.
Referring to the urgent demand for
small homes on the part OF wage.
earners. o. II. Funston. of the firm Of
Elan e. Funston made the remark
that Bolshevists do not buy homes, and
he would judge that the determination
of the wage learners of Richmond TO
invest In residential property for their
own immediate use means that there
is not as yet any Bolshevism around
this city. And" he added, ''if Rich
mond will promptly meet this demand
for small homes there won't be any"
Applications for building permits
are still piling UP on the desk of the
CITY Building Inspector. and an in
crease in the number of applications
for residence building permits is no.
ticeable.