Evening Star Newspaper, November 17, 1928, Page 20

20 REALTY AN URCES BUHIG OF HOWES Declares This to Be Impor-| tant as Means of En- forced Saving. Stressing the importance of home buying as an enforced means of saving, | . Beitzell of the Cafritz organiza- house | J. tion discussed the selling before the real cstate class at the Y. M. C. A. this woek. Using mathematical il- lustrations to prove his point. Mr. Beit- zell showed that the averaga person who bu a hol is in a better pos tion financially when the home is completely paid for than the average person who rents & home. As most people requil .'0:;19 h’;- centive, and usual- 1y one that has a J. G. Beitzell. penalty attached to it, in order to ac- cumulate savings. the purchase of a home is the most effective in accom- plishing savings, he contended. This is true primarily for the reason that in purchasing a home one not only develops a definite regular and system- atic saving from his income but the same time is enjoyinz the cor benefits and many advantages subject of ing to the family occupying its own | home, he said. A Mr. Beitzell was of the opinion that there are still hundreds of families pay- ing rent who are in a position to pur- chase a home but have not had the subject presented to them in a convinc- ing manner to demonstrate the simpli ty of home purchasing under modern financing conditions. While indicating that home selli offered splendid opportunity to ambi- tious persons willing to study and to work intelligently, Mr. Beitzell told the class that their work carried with it a serious responsibility to safeguard the interest of the family purchasing a home and pointed out that two out- standing features should be borne in mind by every salesman: First. never to sell a home to a family unless it reasonably meets the requircments of that particular family, and second, never to sell a home to a family at a price and on terms which the income received in the family cannot be rea- sonably expected to absorb. At the next meeting of the class Morton J. Luchs, vice president of Shannon & Luchs, Inc., will discuss the subject of business property dealing. SRS o Will Meet in Montreal. 8pecial Dispatch to The Star. CHICAGO, Ill, November 17.—For the first time in its 21 years, the Na- tional Association of Building Owners and Managers, representing owners of more than $7.000,000,000 worth of com- mercial buildings in America, will hold its annual convention outside of the REAL ESTATE. HOME OF COL. L. | been purchased by Col. Owen from W. English brick and stucco residence at 4530 Cathedral avenus. which has | Hedges & Middleton. It contains ten rooms and three baths. THE EVENING STAR, WASHINGTON, D. C., SATURDAY. NOVEMBER 17, 1928 J. OWEN, U. S. A. |Owners Are Urged to Survey| jon a given site, because the proper | suitable for every plece of urban real | estate and property owners should seek | | advice on this subject before breaking C. & A. N. Miller through the office of | 'SEVERAL INJURED IN AUTO ACCIDENTS Child Hurt When She Is $aid to Have Walked Against Machine. Three-year-old Marion E. Finotti, 902 K street southeast, was severely injured | sterday afternoon when she is said | to have walked 2gainst the automobil> | of Ryland G. Hall, 1320 L street south- cast, at Virginia avenue and Ninth | street southeast. She sustained a com- { pound fracture of the right leg and | bruises to her hcad and face. She was treated at Casualty Hospital. A collision between automobiles driven | by Molly C. Berman, 1325 Allison street, | and Robert C. Lee, colored, 48 Patter- | son street, at Ninth and P streets yes- | terday resulted in injury to both | drivers. Police charged Lee with reck- |less drivinz. Emile E. Holst, 51 years old, 728 Park road, was severely injured early last night as a result of belng knocked down | at Rock Creek Church road and Geor- | gia avonue by the automobile of Al-| bert W. Sager, 3710 Twenty-second | street. Holst was taken to Garfield Hosvital. Nicholas Pannell, colored, 31 years old, 1607 Fifth street, was slightly in- | Where Tornadoes Occur. Tornadoes seldom occur outside the| United States. The Mississippi Valley | | reserves them mainly for itsclf, says the | Nature Magzazine. Texas, Oklahoma, | Kansas and Missouri run neck and neck | for funnel-cloud honors. Nebraska easily takes second piace. Then comes Mississippi, Alabama, Iowa, Illinois, the Dakotas and Minnesota. Outside this region the whirling cloud seldom stri':es. It is unknown in California. New Ens- land is never visited jured vesterday afternoon in a colli- sion between the car in which he was | | a passenger and the automobile of Wil- | | liam Sacks, 1401 Columbia road, at New | | Jersey avenue and N streets. | Mrs. Hilda Wiser, 32 years old, Lan- | ham, Md., was treated at Casualty Hos- | | pital yesterday afternoon for possible | internal injuries received in a trnmc| | the advanced rules in selecting a loca- | is developed to the best advantage, be- | cause | brought about for urban real estate ISEOF LA HELD VTALT0 SUGGESS District to Decide on Suitable Building. Owners of land cannot afford to toss a coin to decide whether to build an apartment house or an office building use of the land can make or break its value, says the National Assoclation of Real Estate Boards in an educational article released today. There is a certain type of structure ground, the assoclation holds. Three Factors Cited. | “It is not enough to observe all of tion unless after its selection the land maximum values cannot be until the proper buildings are placed on it,” it states. “Use of urban land is complicated by | three outstanding conditions—variety of | optional uses, changing land uses and changing public policies. “Urban land is put to many different uses and often it is optional which use shall be chcsen. A business site might be used for a department store or an office building; a_residential site for a single-family dwelling or an apartment house. With optional uses open for a given site, only the most careful anelysis will reveal which is best. “The problem is made more difficult for the average property owner to decide without_expert advice by the fact that urban land uses are changing con- | tial section may become a low-class | | in the largest net return during the |over three-fourths of 1 per cent is REAL ESTATE. disposition of the case was deferred MAN ASKS ]URY TRIAL until November 24. Richard T. Rolli: the complainant, IN AUTO DAMAGE CASE | tcstined that Clark “had it in for him" | because he discharged him. Monday I etk i ! S | night as he came out of a theater at WL oD o |B. J. Clark Denies He Scraped | qenth and H streets northeast, Rollison St L A reaction from the recent upwar | clbimed; he: taw the & & 9 claimed. he saw the two men run away Conditions Change. 1'"’"% ofbw}lw}zsa‘e(mlce!u)s f’“‘“’“ for | Paint Off Former Employer’s [ :r“‘“;‘“ His em:chinz-. Which l::d Boch % s vill bri est | October by information collected in rep- | badly dameged when scraped with a rctuTr}x;e tgdiymx:tay“rl:locb ‘n‘é‘zfi'é“ é?;gé;: | resentative markets by the Bureau cf sharp instrument in an effort to re- and best use of the land. For example, | Labor Statistics of the United States, Accused of attempting to get re- move the paint the largest net return on a commercial | Department of Labor. ~The bureaus|yenge on his former employer by scrap- | Police said that Guglielmini con- siie today might be secured from a | Wei hted index number, computed ¢n i th i G his new sutcmobile | fessed he aided Clark in scraping the 10-story office building, but 10 years | Prices in the year 1926 as the base and ; ing the paint o - | paint with a bolt, but on the witness from now that site may need a 20-story | including 550 commodities or price | Bernard Joseph Clark, 800 block O(“stand the accused claimed he was so bullding to bring the largest possible | series. stands at 97.8 for October, com- | Tenth street northwest, pleaded not |scered he didn’t know what he told revenue, And in view of the fact that | pared with 100.1 for September, a de- |guilty to destroying private property and police and denied any knowledge of the the useful life of a modern office build- | crease of nearly 2 1-3 per cent. Com- | demanded a jury trial when arraigned | affair. ing will run from 40 to 60 years the | pared with October, 1927, however, with | before Judge Ralph Given yesterday. | e i highest and best use which is to bring | an index number of 97.0, an increase of | An _alleged accomplice, Saverio J. 7 | Gulielmini, of the 800 biock of Eighth | London's detective force numbor. street northeast, stood trial, but final ' 900. stanuyf Cities grow and districts shift. | building more than 10 stories high now, ‘What may be a good retail store section | even though it could not yield so large a net return today. | today may be a wholesale section 10 years from now. A high-class residen- | residential section or a retall store | Car as Revenge. life of the building would chll for a |shown. | j The Homesreeker Will Fin A Suburb with all modern 1m provements yet only 15 mrnttes from i 'SC.. . 5 Tarvia Streets and Alleys, WhiteWay Street Lights, Sidewalks sewers Hl | umulllllll“llllmm“ 58,975 and up Terms Very Reasonabl= High Above the Capital Facing Franciecan Monastery Six and seven rooms, spacious first floor, three and four large bedrooms, perfectly apnointed bath, cement front and rear porches, built-in garage, paved alley in rear. boundaries of the United States. Paul Robertson of Indianapolis, president of the ‘assoclation. announced today that . T T“ o & A the twenty-second annual convention | The word cider comes to us from the will be held in Montreal June 10 to 14, | Hebrew, through the Greek and Latin, | of what a home should be, with hardwood floors throughout, open fire- 1929, all signifying strong drink. | places and modern features. Exteriors are entirely of high-quality brick i and attractive from every standpoint in keeping with a first-class com- Chevy Chase Terrace Overlooking Chevy Chase Club Every Essential Home—Location—Environment id , Md. L 5 : i srgi sy The Best in Materials, Workmanship and Finish These homes are 20 and 22 feet wide. They are outstanding values munity. CHARLES M. WALLINGSFORD Bullder and Owner 1010 Vermont Ave. N.W. Main 2990 AURORA" === |NCOPORATED &= - @{———-——-_—am——-—@ 4 PROPERTY OFFICE 200 ARLINGTON RIDGE, PHONE CLARENDON 1057 “BEST BUYS” THE TWO IN Woodley Park WHERE VALUE PREDOMINATES A Combination Always Desired, But Seldom Found, Is Here in This Exclusive Restricted Settlement \ L] EXHIBIT HOME 4617 Norwood Drive Drive aut Connecticut Av Bradler Lane. west to Wises Aves south ‘ohe black to Rk e L CAFRITZ Ouwners and Builders of Communities 1016 14th St. Main 9080 LYON VILLAGE - $350 CASH $55 MONTHLY! Washington’s Greatest Home Value Never in real estate history has such a home value as this been offered to the public! Every home is semi-detached, assuring plenty of light and air. Con- structed of brick and located in this wonderful Wardman development, it is no wonder that already over 450 have been sold. Sample Houses—2920 28th St. 2916 29th St. Two squares west of Connecticut Ave. at Cathedral Ave. Adjoining Fort Stevens is the new 20-acre Government Recreational Park —a truly ideal spot for Children. Large rooms and porches are notice- able in all the homes as is every avail- able modern convenience. Stores, churches, schools and cars are but a short distance away, and it is but a 20- minute ride to downtown. 6,750 to 7,850 Figure out for yourself how you can own one of these modern homes with the rent you are now pay- ing to the landlord. Large rooms, two roomy porches, built-in garage, beautiful fixtures, hardwood floors and modern bath are a few of the many attractive features of these homes. Inspect these homes immediately. day and you'll move in tomorrow! WAarDMAN 1437 K Street N. W. Main 3830 Have you visited this charming in-town subdivision? It is only one block west of Connecticut avenue, at Cathedral avenue—the Woodley road bus skirts it, the cars are two blocks away. You will find its homes the most up-to-date and livable in the city. Its LOCATION places it foremost as a sure and profitable investment; the best possible methcds of CONSTRUCTION assure you of the stability and duration of the houses! Their BEAUTY and VARIETY of DESIGN meet the tastes and pref- erences of every individual. Cm‘ner 0{ Key Boulevard and RUCkCl‘ A\'C. A brick house of six rooms with tile bath and shower. Large living room with fireplacc. well lo- cated dining room and kitchen. Three bedrooms. Hardwood floors throughout. Large open porch. Hot water heat, gas, elcctricity and city water. Southern exposure on large corner lot. 2 car brick garage. Site Fully Landscaped Lyon & Fitch, Inc. Owners and Develoers Clarendon 650 Open for Inspection 9:00 AM. to 9:00 P.M. OVER 450 ALREADY SOLD SPECT THEM TODAY The PRICES are, in every ca'se, REASONABLE—the TERMS attractive. INVESTIGATE FOR YOURSELF SAMPLE HOUSE OPEN TILL 9 P. M. Come out to- INSPECT THESE HOMES It you have been one of the thousands of home-seekers, and you are looking for a resi- dence, where your neighbors are selected, where your home i3 ~ituated to afford privac yet convenient to ‘‘things,” then you m visit Woodley Parik. Here is the home you have been waiting for, at prices and terms that are agreeable, OFFICE AT 8th & Tuckerman Sts. N.W. Open Until 9 P. M. TO GET THERE—Out Ge: St.. or Georgia Ave. cars St then east one and TO—Out Sixteenth o Tuckerman Street a Ave. to Tuckermi et off at Ti B thenee Georgia