Evening Star Newspaper, September 12, 1925, Page 18

REAL ESTATE. BUILDING DECLINE LATER THIS YEAR Slump Following Big Activity of Summer Expected to Be Delayed. Tha seasonal decline in construc- | tlon following the Summer months promises fto be several weeks lat this vear. according to statistle During the past two years fluctua- tions of this average cost figure have }remalnod within § points, the limits belng 200 and 205. Though the Au- | gust decline is an encouraging sign ‘\\hh respect to costs, it cannot yet | be considered as definitely indicating | the advent of the long anticipated downward trend. The volume of contracts awarded during July, while 5 per cent less | than the total for June, was greater than the figure for any previous July on record. The total volume of con- tracts awarded during the first seven | months of 1925 exceeds the volume for the same perfod in 1924 by 8 per ‘cent More Permits Issued. “The number of building permits is- ned in July was 6 per cent greater an the June total and 62 per cent ater than the number issued in uly, 1924. Dhe figure for the com- Crutchfield Says Property Purchas- | ing Is Practically Year-Round Proposition. | Marked similarity exists between | the sales of real estate and the auto- | mobile in that the so-called “seasonal” buying periods have practically dis- appeared, according to J. R. Crutch- | field, sales manager for Maddux, Mar- shall, Moss & Mallory. Activity in both commodities 1is practically a vear-round proposition, he says. “For instance,” said Mr. Crutch- field, ““August has always been . con- sidered a dull month in the real es- tate business, but I venture to say for all Augusts of recent years in the amount of property sold. There has been no diminishing of the demand for homes, a condition that obtains not only in our office, but in those of other realtors as well, from conversa. tions T have had with other men in the business. “For one thing, there is a decided | ‘own-your-own-home' movement here among all classes of people, from the man with a small income who wants to get something besides a landlord's recelpt for the money he pays for shelter each month. to the man who is looking for an estate and wants it near the National Capital. v. I have been surprised at the business done during August, and the way it has continued over into September convinces me more and more that Washington s going to have that million or, more population REAL ESTATE. HAMPTON COURTS 2013 New Hampshire Avenue N.W. Just Off Sixteenth Street Above You Brand-New Apartment ¥ | much sooner than even the most op ve seven-month period shows|that lnst month established a record | timistic of ¥ ase of § per cent over 1924. he average of wages in the prin- e == & i i Sl hich A‘ri‘ al Cvm!l'lnll\('(lnn (‘enxlflr; ‘rel'r;:lllned‘ 0 i 3 After three months, during which | the same in 4 ugust as in July. Prices Real Value for Your Money New Takoma Bungalows— all records for buildin® activity were | paid by contractors for construction shaitered these figures show no de- | materials decreased in some citles, | SEE AND BELIEVE COME OUT SUNDAY cline in August from the high mark |the average of prices dropping 5 8 ARTISTIC BUNGALOWS—4 DIFFERENT PLANS compiled by the Associated General |3 Contractors of America o P® eached in July irthermore, the | points to index number 179, based vast number of contracts awarded in|on 1913 July indicates a e amount of | Awards for concrete surface pave- construction is vet ve undertaken | ment totaled 12,000,000 square yards | hefore the Winter months. lin July, with the figure for the first| The fotal volume of construction | seven months of 1925 exceeding the performed during the first eight | corresponding total for 1924 by 20 months of 1925 exceeded that of the |per cent. Awards for pavement of corresponding iod in than 6 per o Th being mustered 1o indicate the post Ponement of the seasonal decline this vear 924 by more | streets and alleys reached the high- st mark on record in July. Costs Lowered Cloister Interiors in Those Spanish Houses At 39th & Veazey Streets Just O Wisconsin Avenue at 38th Look for Arnold & Company’s Sign Despite the enormous amount of bullding under way, the average of construction costs in the principal n centers of the United | as lower In August than at any time during the past 28 mo: the index figure, based on showing a drop of 3 points to 19 Deal With a Realtor HLOOK!! Only $500 Cash Balance Like Rent IS NEEDED TO PURCHASE ONE OF THESE FULL 20-FT. WIDE HOMES 728-738 NEWTON PLACE N.W. Just East of New Hampshire Avenue and Within 13 Square of Street Car and Bus Lines ‘Ther's are six (6) large rooms, closets in all bedrooms, large linen closet on second floor coat closet on first floor, tile bath, hardwood floors, floor plugs in each room and latest im proved toggle switches, extra fine iinen shades, screened-in sleeping and breakfast porches Jaundry trays, servant’s toflet, bullt-in, heated and lighted garage and an automaticly con trolled vapor heating plant. The SUPERIOR CONSTRUCTION and QUALITY of materials used are recognized at once on inspection. —OPEN-- Evenings and Sunday L. T. GRAVATTE Main 753 Realtor Col. 6500 927 15th St. N.W. Eight-Story Fireproof Building Two Elevators Switchboard Service All Night Service lLaundry and Drying Room Storage Space Oil Burner Heating System 118 Apartments 50 Already Leased. 1 Room, Reception Hall and Bath........ $40 1 Room, Reception Hall, Kitchen and Bath.$50 to $57.50 2 Rooms, Reception Hall, Kitchen and Bath. $65 to $85 3 Rooms, Reception Hall, Kitchen and Bath.$90 to $97.50 Now Ready for Your Inspection PESIT S SO SO SIS S S SISO SR S S SUBTO O S ST S All bungalows have large rooms—sleeping porches open fireplaces and brick mantels-—large lots DESCRIPTION If you can appreciate an artistic home, well designed. with first class materials and fixtures throughout, do not fail to see these houses at once. Have five and seven large rooms (two and four bedrooms), tile bath, with built-in tub, open fireplace, a large sleeping porc front porch, attic and large cellar. Every convenience, including hot. water heat. Large. well graded lots. Shade trees. Located near Dis- trict, schools, library and stores and west of railroad. Prices are as low as $8.750. Fasy terms. No lot less than 50 feet wide by 148 feet deep to alley. Location—5th ahd Whittier Sts., west of railroad Near Takoma’s New 5-Acre Park Resident Manager on Premises Building Ready for Occupancy MAKE RESERVATIONS NOW. B. F. SAUL CO. Only two blocks south of Fifth and Butternut streets, near Ninth street and Fourteenth street car Enes. H. L. THORNTON, Realtor Owner and Builder Office, 6904 4th St. Takoma Park, D. C. OPPOSITE TAKOMA THEATER Office Phone, Adams 5254 Home Phone, Adams 2486 WEEK DAYS PHONE FOR AUTO 925 15th St. N.W. Shapiro “Superior” Homes Surpass in Investment Values Reckoned by price—they are cheapest. they are masterpieces of modern design and equipmenl——""Superior Reckoned by quality—they are best. Reckoned by livableness— in every way | The Best Homes in Washington Are Unquestionably the . Shapiro “Superior” Seventh Place Homes IN PETWORTH —the prettiest street in this pleasing New Section " In Charming Woodley Place “ A Community of Shapiro “Superior” Homes No. 2771 Woodley Place —the only one of its type available—and one of the most pleasing of all. and a small cash payment buys one of these Shapiro “Superior” Homes 201-239 Douglas St. Northeast . A most extraordinary opportunity to buy a specially attractive Home When you cross the wide concrete porch with its artistic iron railing— you enter the attractive reception room—pass on to the dining room, and through glass-paneled doors to the glass-inclosed breakfast porch. The kitchen is finished in sanitary white with white enamel kitchen cabinet. The floors are hardwood; lighting fixtures are very artistic. On the second floor the master bedroom extends over the entire front: has a private entrance into the tiled bath with shower; two guest chambers and glassed-in sleeping porch with French doors. 4 The heating plant, Pittsburg heater and built-in garage in basement. e 513950, N Cash A Month No. 2725 Woodley Place— Is a little larger Home—and more elaborately finished. Eight rooms and three baths—with built-in fixtures. Very large rooms and most effectively decorated and fixtured. The master bedroom across the entire front has its private bath and shower. The breakfast porch is screened ; the kitchen is sanitarily finished. In the basement is the servant’s room and bath; cold storage; laundry and built-in garage. We have planned them as we know you will like them. We have built them on broad and generous lines, which gives you rooms of extra size— and we have finished and equipped them with. the best utilities and in the best taste—so that when you come to consider the price you'll appreciate what an opportunity is offered. $8,950 is very low Some Have Built-in Garages, for $9,250 “ And Such Terms as These Are Very Unusual— $1,000 Cash—3$75 a Month That beats paying rent, doesn't it? They have six extra big rooms—tiled bath with built-in tub and 80 built—only S left —shows how popular Reasonable Price—Appealing Terms thesal 2620 Woodley Road— A commanding corner with Center-hall home. One of the finest locations in Washington—and one of the most complete residences. It is planned on a scale of luxury—and finished with exquisite taste. 6 rooms—3 porches—Tiled Bath— rooms of excellent size; wonderfully planned—and specially well equipped. It’s the biggest money’s worth in Washington—because it is a shower and three big porches—artistic Colonial entrance —and with Shapiro “Superior” details—hardwood floors, lighting fixtures, big closets, laundry, heating plant, etc.—everything you can think of that a complete Home should have—including terraced lawn in front and sodded yard in rear. Sample Home has been furnished through courtesy of the Peerless Furniture Co. Our Auto will call for you—or take 14th St. or Georgia Ave. cars to Farragut St.—a short walk east to Seventh Place All These Homes Open 9 AM. to 10 P.M. Every Day and Sunday Reception room, music room, dining room and kitchen and pantry on the first floor, with four sleeping rooms and two baths on the second floor; serv- ant’s room and bath, chauffeur’s room and built-in double garage in the base- ment. There’s a ballroom with special maple floor and separate entrance— " making it available also for physician’s office. Reasonable Price and Terms Motor over Conn. Ave. Bridge, turning right in Calvert Street and thence to Wood- ley Road. Or if you will phone us our auto will be placed at your service. Shapiro “Superior” Home. Take G street car to Rhode Island avenue and Fourth street N.E.—and walk north on Fourth street to Douglas street, then one square to these Homes. Pending completios of street improve- ments, motor the same route or phone us and we will gladly send our auto for you. BUILDERS All These Homes Open 9 AM. to 10 P.M. Every Day and Sunday