Evening Star Newspaper, April 17, 1926, Page 26

JREAL- ‘ESTATE. $9,150 BUYS NEW GRUVER HOME 2022 37th ST. N.W. BEST VALUE WE HAVE EVER OFFERED Extra large firont and double rear porches (screened). BUILT-IN GARAGE, hot-water heat beautiful decorations and e ic fixtures; adjacent to Govt. park and transportation, etc GRUVER VAL stand the test of time, because for 20 years we have constructed homes only of the best materials and the finest workmanship. Exhibit home open and lighted every day until 9 p.m Take W. R. & E. Co. Burleith bus to 37th and T Go one square north B. H. GRUVER Owner and Builder Main 2670 WASHINGTON, D. C., SATURDAY, APRIL 17. 1926. does not base the loan on the cost | discharge the debt at the end of 30 vears and leave a substantial sum 26 REAL ESTATE. THE EVENING STAR, flats, as they call them, are becom-|worker. In America r{-ml?ne,.‘ur modh- r 2 r erate income apparently live in much | of 7 ing more and more popular, due to icome apy of the bullding, but establishes the | YEUod Snd jewse & HIGH BRITISH BUILDING COSTS |f.r i e | Ay e | e e, i, the fact that the cost of maintaining|better quarters tha s = value of the bullding by (‘uplldflllzinn 7 vs 3 HELD DUE TO ARCHAIC SYSTEM |5 tacion tom Soues of maay soous|incomss Iy Londen, 0, 1o e the ogt fncome ox about 0.1 per | ol ae - lish postvar incomos. While You see| “It s interesting to note that In | taye, ‘on 4 15.year purchuse After 1% &ble to borrow trom he jnsurance | “For Sale’ s any houses in |assessing real estate taxes or ‘Tates’ | the v S ets } o o 4 : ore thi Al L R e o E jthe value u established In this way |y, uging’ costs- him, provided the net | A i i S B the fashionable Mayfair district, most |it is the practice of the London au-!the fnsurance compuny loans two- i | American Committee Declares London Contractors B A e e T S L T PeRiRis Wil cAoitalies orw sumclant hig of the high-grade flats throughout the SaliE to maNe s Traa loan and Employes Are Slow to Adopt Modern Effi- J : are 100 per cent rented. In fact, | building rather than the value of the | gy o B S I > rger loa (we saw few vacancies in any type of [bricks and mortar. | at any six-month period, but the loan ,r::l.:lnlh:;'ht‘:":}t:c;;.,:():::.Ix‘-‘t‘::;iu ciency Methods—Finds Odd Financing Plan. wpartment building. Financing Plans Differ. is amortized by u redemption insurance | terested in what the building costs policy taken out with the insurance — —— Archaic Accommodations Found. ““The process of financing new bulld | company, the pre o WHISE W -4 = e TRt ey “It is difficult to compare their mod- |1 'jo process of financlng e avent | company. the premiums for which will__ (Continued on P'age Twenty-seven.) here. The more pr sive of the lerate priced apartment buildings to|from what it is in America. The man clency in buflding and construction | British contractors are alive to this |ouvs ag the accommodations are quite | there who has a new buflding project | Europe’s present industrial problem they can to correct it. of this type have a central heating |good part of the money from his bank Price Reduced $1,000 according to a report given out | Most Buildings Low. plant, but depend entirely on small [or from private capitalists, repaying Near Burroughs 2028 Lawrence Street N.E. el 4 The introduction of American effi sterday by four American financiers | > B coal grates. In fact, steam-heated |this loan after the building is com- Wwho have just completed an intensive “"I:":";"h("’!“g;fl;l;}::_jgf» s about the | buildings are rather an unusual thing |pleted and substantially rented by a Public School (Three Blocks North of 20th and R. I. Ave. study of the London real estate and in London, the apartment bulld-|loan from an Insurance company. building situation. London. This reduces the I e m~ [ing which supplies hot water at all [ There are no real estate . mortgage The survey, complated by four of- [(ompared with Awmerican LEUATES |hours, Some of the new buildings [bond concerns in England, nor. in ficers of S. V rauk & o, Is unigue | TEVeSpRicoRII e (08 O 3 ‘end |make an advertising feature of ‘Cen-|fact, are there any public companies In thut it marks the first efforts ever | td mikes The BUSIEEE © tral heating i and constant hot | there which offer real estate mortgage made by an American house enguged nced that high bulldings are not Water.' Man: the English resl-|securities of any type to the public incing American building con- e aiile they s in. | dences and the smartest clubs have no fat large, as is done In America by tion to comb the European situa A helght from time to |furnace or central heating plant, but |bankers handling first mortgage renl useful facts and ideas. The in my opinion, never [depend on the famous English hob-|estate, bonds, title companies welling ers who completed the studies | (B . Yo ) ¢"extent. 2 grate. guaranteed mortgages, etc. The only icholas Roberts. Herbert S.|be o aty grcat Sxtwib, oot & “The demand for apartment - |agencies for purchasing real estte || UNUSUAL — Easy Martin, Nicholas R. Jones and Ralph b e parently very good, judging fr mortgages are local solicitors. PRICE Terms . Kaufman. g ke Iv with ours and in some in- |fact that there are no vacancies. — “The bank or private capitalist who . "'f"\'.il.o',»‘fwf:'."nfflf.:?n:' Special | ances are higher. In many cases|There has been. however, no consid | finances building construction husex ok T e B e s | they show a net income of 10 per cent | erable development in the two or|his loan largely on the cost of the B T e ommitiee, | on the entire capital. In most build- |three room kitchenette apartment |brick and mortar, the credit of the vesterday made the following state. |ings, rents are quoted * ates and | type, which Is so popular in Amerf borrower and his conviction that the s taXes—otes’ inithe B ‘e | Whether this will come or not de- | borrower will be able to refinance [balng jihs ead sstade iy pends on whether this type of living | through an insurance company when : quarters will appeal to the medium |the building is completed. The in laried man, clerk and white-collar ' surance company, on the other hand, | e R ICED TO SELI L it Wi Six Rooms Hot-Water Heat Electricity Open Fireplace Iy Detached Very Deep Lot British Costs High. Buy in- FAIRLAWN?—Fecins New Government Park fact that our labor is paid times as much on the average as theirs. Bricklayers in New York, for example, are now getting $14 a day, nent buildings pay rates com ible with ours and in some of the downtown or ‘city’ office buildings we found rentals higher than anything INSPECT SUNDAY while the scale in London is $4 a da With this striking difference in I costs it would seem that building in London should be considerably low- | _“De luxe er than here. llu,rdlho».fl ing discrep New Homes at 1406 Tea St. S.E. lish builder has been slow to adopt Americen efficiency methods. A build $500 Cash $65 Monthly ing which we would erect in nine | months would require almost twice Six rooms and bath, brick, built-in garage, hot-water heat, that time in London. “Several of the best English build. electricity, hardwood floors, hes, tiled bath. Built +|paid in New York. In one instanc $10 per square foot paid. rtmen or ers have made extensive studies of | American methods and one large | buflding concern has at present an | American building superintendent brought over to o their work after the methods used here. It will take some time to get our methods in fu ing, if this can ever 1 As an attempted to introduc scaffold, which e vork much mor pidly. We were orkmen would ;affold. The builder ha it and erect a s some of the sm derricks being power and it w noticeable | 1sual hustle and bustle of an | an job was lacking “It is not only the equipment used which siows up the job, but it is also the iack of American methods of plannin eforehand for the flow of materials en the job. Tn other words, there fs not the co-ordination between ali the sub-contractors that we huve GALLAUDET PARK NEW HOMES 7,950 1315-1329 West Virginia Ave. OPEN FOR INSPECTION Hope Rd 14th St., then turn left to Open Daily and Sunday Thomas J. Lane, Jr. Owner and Builder 47 M St. N.W. Phone Franklin 4698 T'wo blocks north of Florida avenue cars con- venient to city school and one block from new parachial school. These homes contain six rooms and tiled bath. They are of light tapestry brick, with concrete front porches and 2 rear porches, hot-water heat, electricity, oak floors, porcelain- equipped kitchen and ample rear yard. The price is Tow, $7.950, on attractive terms. CUVIER A. METZLER Dependable Service Main 89 1106 Vermont Ave. Sunday and Night Service, Adams 620 Near Wardman Park Hotel 2701 28th Street Northwest Attractive tapestry brick home located at the Northeast Corner of 28th St. and Woodley Road. Of the center-hall entrance type, containing & rooms, 3 baths, maid's room, sleeping porch with open porch off the living room. There is a 2-car brick garage in the rear of the lot and the grounds are attractively set out with shrubbery. This home is in excellent condition and its well designed interior and innumerable features that provide for comfort and hominess make this residence stand out as one of the most beautiful in this exclusive neighborhood. INSPECTION BY APPOINTMENT WARDMAN 1430 K Street N Main 3830 University Park Just beyond Hyattsville on the Wash. and Balto. Boulevard The Distinction Is Ours NIVERSITY PARK has been se- lected by the Federation of Wom- en’s Clubs of Prince Georges County to conduct a ., Better Homes Demonstration Beginning Sunday, April 25th Continuing Through Saturday, May Ist 10 A.M to 9 P.M. \ $23833238924283223838382323229222832342838324323¢83¢842432324¢ You are cordially invited to the dem- ‘onstration—and to view at the same time the wonderful environment of Uni- versity Park. Investigate and You Will Invest University Park Co. Phone Hyattsville 582-W [23222238322223222832232324222832232222832324222¢2¢82¢842222380234 lsss Before You INVESTin ¢« Home! (Yo by " g on a lot 50 X 135ft : 1l All Modern g Jiidh g Conveniences | |t=‘~5\«,g’)f;f g Unusual Terms Cheoice of Plans and Locations Homes of Brick Stucco and Frame Fifteen minotes from 12t and Penn. Ave. By Alexandria Cars or by Busses, via Highway Bridge, or motor out and wateh for — our signs. Office 30l Greene Ave. Aurora Hills,Va. Tel Clarendn G40-W: KAY-SCHNIDER-KAY CO,, INC. REALTORS—BUILDERS 212 Investment Bldg. Franklin 513 EVERY FEATURE OF THESE HOMES INDICATES UNUSUAL VALUE 5700-5720 8th St. N.W. (Corner Madison) The QUALITY that we have BUILT IN to these homes is re- flected in every detail of construction l Sample house open daily I SIX-ROOMS—TILED BATH WITH BUILT-IN TUB— METAL WEATHER STRIPPED AND FULLY SCREENED THROUGHOUT—GARAGE The low price and attractive - Terms will appeal to you N-Le (SBUR 1418 Eye Street NNW. Main 5903-4-5 2 Unsurpassed Home Values In PETWORTH 4822 5th Street N. W. (Between Decatur and Emerson) Over 100 Built—Only 1 Left 20 feet wide by 32 feet deep. Carefully planned and built of the finest materials. Concrete front porch with brick columns, 8 large rooms, a kitchen that will delight any woman, tile bath, built-in tub and shower and pedestal stand; floor plugs in every room, ample closet space, Pittsburgh instantaneous water heater and built-in garage as well as many other features. Come out Sun- day and see why over 100 of these homes have been sold already. FAIR PRICE—EASY TERMS Drive out 16th Street or Georgia Avenue to Decatur Street, then East to 5th Street and Sample House. A Beautiful Corner Home at 4849 Kansas Avenue N. W. Just north of Sherman Circle and on a 120-foot wide boulevard. Situated on the brow of a hill, giving a wonderful view of the north Petworth section. Don’t fail to visit this attractive home. Must Be Seen To Be Appreciated 1t is a beautiful corner house, center-hall plan and contains 7 exceptionally ‘large and well pro- portioned rooms and 2 complete tiled baths. Every modern convenience which includes built-in fire-proof garage. Drive out at any time to inspect it. Open for Inspection Sunday from 9 A.M. to 9 P.M. Drive out 16th Street or George Avenue to Decatur Street, thence east to Kansas Avenue. Shapiro-Katz Realty Co. Realtors—Builder: Main 9111 1416 K St. N. W. WHERE “Ward-Built Homes” CONTAIN Every Modern Improvement Built-in Tub in Tiled Bath Oak Floors Throughout Built-in Ice Box Hot-Water Heat Closets in All Rooms Large Rooms Near Cars and Schools Double Rear Porches Overlooking Park Cement Front Porch Aero Radiation Built-in Garage To Inspect: Drive over 11th street bridge at Navy Yard. TFirst turn on left to property. Price $6,950—On Small Cash and Low Monthly Payment OPEN DAILY AND SUNDAY Bungalows De Luxe CHEVY CHASE The ideal has been achieved in these rare new homes, located in a choice section of Old Chevy Chase. The popularity of Chevy Chase as an ideal place to live has no equal in any part of Washington. Live here and have for your neighbors the aristocracy of the National Capital. Price $9,950 Terms within the reach of any earnest home buyer. FEATURES: Built with first-class materials and workmanship. 50-foot lot, full concreted daylight ceilar with toilet, laundry and coal bin; Colonial front porch, hot-water heat. double oak floors, highly polished; real open fireplace, finished brick mantel, tiled bath, large living room, elegant dining room, full kitchen with cabinet, one-piece sink and refrigerator, spacious well-planned bedcham- bers, big closets, French doors, beautiful fix- tures and decorations. An, unfinished second floor, large enough for three additional rooms. TO INSPECT: Take Chevy Chase cars to Taylor Street, walk east two squares to these superior homes. Drive out Conn. Ave. to Taylor Street, ‘east to these homes just east of Brookeville Road. Sample house on Turner Street. Open, heated and lighted Washington Real Estate Company 1415 Eye Street N.W. Call Main 2257 Evenings—Adams 1514 ?fiunuuul|hmuuumuun|lnt|flu||l|||mmmmmmmmmmmmmmnmmmmmfi '