South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-09-04
Picturesque St. Joseph River
Proves Advantageous--Su
divisions Are Laid Out
Artistically.

Real estate. the foundation OF AL
wealth. II a subject that r. as wide
~ discussed today IN magazines and
newspaper as any other mode OF in
vestment. due no doubt 20 the In
creaslng demand for residence prop
esty IN cities. the soaring OF values
IN business districts. and the acute
nation wide house shortage
Experts have pointed out time and
again the advantage or home owner
ship. They have repeatedly told
how the man who owns his home
has a sense Of stability IN the neigh
borhood. his wife a sense Of security
against the landlord. ard both Of
them a basis OF credit with the
banker.
Real estate developments are
science Just as the mode Of houses
has changed from the large TO the
small for the average family. so has
the advantage OF desirable location
change. once people who lived in
small houses were frowned upon as
unfortunate. now they are considered
extremely lucky. This arose from
the troublesome servant problem
People living IL homes the size OF
mansions. found during the war. that
the small houses were better suited
FOR AL purposes.
So again has the automobile and
the extension OF the street car lines
changed the home owners idea Of
location. There was time net so
long ago. that the old citizen termed
a resident situated some distance
from The heart OF the city, where It
was quiet. where spacious lawns and
pretty gardens could be had, as
rural.
The automobile has changed all
that. Quickness OF transportation
has made outlying residence prop
critics an advantage. The owner has
no need TO be annoyed over the con
slant noise OF traffic. the Jumblesome
rumble Of surface cars, and this
quietness Is an important factor IN
the value Of residence property.
Such may be seen in South Bend.
New subdivisions opened up COM
mand higher figures proportionately
than they once might have. Some
developm ents agencies guarantee the
purchaser OF a lot that neither fac
tory smoke. nor heavy traffic will
disturb the serenity OF his COM
munity This il may be quickly
seen Is an important element.
An analysis OF property values in
South Bend will reveal that certain
residence portions OF the city have
deprecated because OF the location
Of factories The character Of prop
erty changes likewise. Residence
property increases in value as the
business district grows out from its
narrow confines.
South Bend is fortunate in its
Subdivisions. Those designed for
beauty of residences. with the idea
of houses set well back, pretty green
lawns. attractive shrubbery. have
proved a sound investment for those
whose vision and foresight made
possible such developments. Wind
ing streets. boulevards. parks and
- the like have transformed certain
sections Of the city into veritable
garden spots.
An idea Of the increase Of value
may be seen from the report that
properties abuttinE on a park at
present not improved with expensive
homes. have almost doubled IN front
foot value. Here bids have already
been made IN lots and at high fig
ures Here again IS the real estate
maximum put into effect. the value
OF residence property Is affected by
the use 10 which nearby buildings
are put.
II is patent 10 the old citizen IN
South Bend that the continuation Of
South Bends boulevard system. cs-
peciallv Just east OF Portage av
where a former dump ground and
clay hole has been condemned for
park purposes viii at some future
time prove attractive for home sites.
Today this land IS dotted with small
or dwellings but with the installa-
ton OF boulevards. there Is bound 20
Re a rise in values as demand grows
Pretty natural SURROUNDINGS and
the winding picturesque s.. Joseph
river has anorded many beautiful
home sites for builders en- South
Bend Beauty Of surrounding Is be-
coming more and more each year
factor IN the development Of best
residence districts
To the purchaser contemplating
the acquisition OF a lot for home
site. e would be we'll 20 refer 20 an
article which appeared in the Ameri-
can magazine n March. This IS
written by Joseph p. Day an ex-
pert and under the title Or What
Kind OF Land % Buy IN Your Town
or CITY" 70 indicates where the nor
nal grovrh Is IN the large city. and
70 the home buyer should provide
tips that would be 81 great use IN
determining fust where he would
most care 70 i've