Evening star., 1924-06-28
ADVANTAGES OF ,Z0NING
: PLAN ARE OUTLINED
. BY COMMISSIONER

Continued from Seventeenth Page)
common
= "A bank in certain eastern cit.
TOOK second mortgage on resi-
adence of one of it's clients as securit,
,sfor loan. The bank felt secure IL
sIhe loan and bought the first mort.
gage to protect itself. The erection OF
a public garage on adjacent property
;shlighted the residence to such an ex-
ltent as to cause a loss to the bank
cof S. 900. Zoning would have pre-
vented this loss.
re 'As far as real estate securities
Are concerned. bankers know that
'they may calculate on stabilized val
ues on all types of property in zoned
cities.
Aid to Realtors.
- THE realtor is the adviser of the
buying public in coming matters. In
order to properly serve his clients,
he must familiarize himself with the
coming maps and regulations. In buy
ting and selling property he must
Know that the use desired, as well as
the height and area of the building
10 serve this use, is permissible. He
must advise on locations that will
receive the full protection of the zon-
ing system.
:. "He is the practical student Of the
Eity's needs and studies the trend of
rnent, and with his far-sightedness in
improvements, frequently influences
the growth of coming. In preceding
paragraphs mention has been made
of the relation of coming to property
Values. 1t might be interesting to in
-sert here the opinions of the Zoning
commission and a large number of
yealtors with respect to the effect of
.,soning on property values in the Dis
'4rict of Columbia:
- tn
etabilize values in all types of prop
&rty.
80 Zoning has attracted money to
investment in real estate.
= IS. upon adoption of zoning, erect
was to stabilize rather than increase
the large block of existing business
area that was zoned for business. In
other words, there was no notice
Able change in property values be-
cause of the adoption of zonins reg,
AlationS The increase in assessed
Values since adoption of zoning can
Not be traced to zoning.
~ The zoning of islands for bus
mess has. however, resulted In great
selling as high as five times the ad-
faccnt residential property.
- "5 Changes in use zoning. since
adoption of zoning. from a more re-
ostrictive to less restrictive use, nave
Increased property values in some
fines original value.
r,z"6 When zoning was adopted pri-
ueges of less restrictive use, helght
and area at locations formerly not
permitted these benefits created
general increase in value
: ~. Row house. second commercial
and industrial coming have shown
steadily increasing values.
1E"Streets. sewer, water, lights. trafhc,
building construction of all kinds.
all are matters in which the engineer
is interested and all are affected by
zoning.
s%"Each street will accommodate a
Certain amount of traffic, pedestrian
and vehicular. Each lot or lots on
tat street is entitled to its proper
Gonate share of access along the
Street. The welfare Of each owner
demands that no one owner shall
make greater use of the street than
the size of the lot entities him to
have. There is direct relation be-
tween the facilities afforded by the
street for traffic and the light and
Cir furnished by the street. One
building in New York city was found
at a certain hour of the day to cast
a shadow twenty acres in extent. If
the buildings are too high for the
Width of the street light is cut off