Evening Star Newspaper, May 11, 1929, Page 15

REAT ESTATE. _REAL ESTATE. MAY, 11, 19%9.° THE EVENING STAR. WASHINGTON. D. (... SATURDAY. [ ILIFE OF BUILDING DETERMINED APR"- BU".I]'NG \ CHIEFLY BY OBSOLESCENCE PERMITS DECREASE .. . . 1. ar Secon Plans for Dwellings Show| Big Gain, With 240 Contemplated. ‘ “In the majority of cases obso- lescence, due to economic change, not the physical wear and tear on a build- | ing, determines the end of its useful | life and, although physical wear and | tear and obsolescence run parallel and | coincident through the years, the date | at which the building is vacated lnd‘ | Private building operations in the District for which permits were issued last month had a total estimated cost of $3,513,335, according to Col. John W. ‘Oehmann, building inspector. The total was less than that for Pebruary and March, but higher than the January total. The April fig- ures brought the total for the first four months of 1929 to $15,399.835. The January total was $2.558445 February, $4,076,480, and March, $5- 261,525. House Plans Increase. The most unusual feature of the April Teport was the large number of house plans and the almost negligible num- ber and value for apartments Per- | mits were issued for 240 dwellings. hav- | ing a total estimated cost of $1,847.800 and for two apartment houses having a total cost estimated at $80,000. Permits issued in April follow: BRICK. left useless is reckoned by that date of its obsolescence and not by the fact | that_the building is worn out. [ | " “The one-family dwelling may look forward to the longest period of useful | life of any type of building. The mod- | | ern steel and concrete skyscraper, how- | ever indestructible its material and | however perfect its architectural lines, | is part of a business region where life | expectancy cannot be measured in terms of how long it may withstand the wear of time, but must be reckoned | on how long it will hold its own against new ideas in interior equipment and | against changes in the city itself. | “The theater building may pass rapidly through its day of popularity and consequent usefulness. despite ex- pensive efforts to preserve its youth and | value, | desirability through alterations and re- Pxslions - $1983:300 | habilitations, and so it must reckon | No. No. Permits. Bldgs. .. 68 198 Usefulness, According to Real Estate chort After 2-Year Study. [in every type of construction except frame construction was used. The com- mittee states that, in general, ware- house buildings are comparatively easily adapted to fluctuating use.” However, one type of warehouse gets the lowest rating for useful duration of all types of buildings listed in the report. This is the pler and commodity warehouse, frame constructed and covered with a frame sekleton, which is judged to have a useful period of 20 years. Stores and public garages were esti- mated to have a 50-year period of usefulness. when of the two most per- dary Cause Of Ended without a steel frame the store useful- ness was estimated at 40 years and the | public garage a35; in masonry with | frame interior the store was given 35 vears and the public garage 30, and in frame construction the store building's | usefulness was estimated at 28 years frame, when their usefulness was_esti- mated to continue about 33 years. Theaters were alloved 3s-year. ‘pe;m when bullt of fireproof mater! a steel frame or of reinforced concrete; | and the garage building at 25 years. a 25-year period when the construction | Loft buildings were given perlods of Was of slow-burning masonry; a 22- | usefulness varying from 45 to 25 years. year period when they were of masonry | The longest period for row houses was construction with a frame interior, and | 45 vears and the shortest period, the a 20-year period of usefulness when period calculated for the frame row they were built of frame. | house, was 30 years. The useful period “Theaters, from experience, average | for two, three and four family dwellings to have the shortest life of any type | ranged from 42 years to 30 yea of bullding. Although it is true that| rThe period of usefulness for perma- theaters continue in use occasionally | nent construction in the case of office after a lapse of a considerable period | puildings, factories, apartments and of years, vet such continued use is|fiats without elevators and stores with made possible only by the expenditure | one or two storles of rooms or apart- of great sums of money in alterations | ments was 40 e In each of these | and rehabilitation. Theaters should be | four types of buildings, when the con- | given a lower life expectancy than | struction was of frame the period of | other types of structures, because they | ysefulness was estimated at 25 years.| are adapted to but a single use and| “The modern steel and concrete sky- becausiquhe type of recreation sought |scraper has not been in use long enough by peop.e=«aries continuously and the | for us to be able to determine absolutely advancement i#n entertainment devices | what its period of usefulness might be.” + + e creates uncertainty as to the fu- | the report declared. “So far as the ture of the theater as now designed,” | construction of these buildings is con- | the report states. | cerned, it is perfectly possible that they | may be in excellent condition at the | given & comparatively short period of usefulness. For permanent construc- tion their figure was 35 years. This period varied with the type of construce tion to as low #s 22 years. ‘The com- mittee report discusses these estimates as follows: “The profitable life of the hotel, ex- perience proves, is comparatively short. Despite physical soundness of the building it appears that there is almost a deadline from 30 to 35 years in the continued profitable use of the hotel, | due to the fact that hotel good will is manent types of construction. In slow- |of an ephemeral nature and patronage | burning masonry construction with oris into existence of modern_hostelries. 3 “While elevator apartments may be used beyond the yedrs mentioned in the report, it is the judgment-of the com- mittee that the use ceases to be profit- able considerably before the period as- signed. Nowhere does the demand for improved living conditions and the use of the advantages that come from our inventive age catering to convenience rger and more |and the rising’ standard of living have | |a greater effect upon useful life than ' | upon this type of structure.” Here's the Home You Will Buy 1st—Because It's Built by Owner Bemi-detached —taces south—over- 100} Rock Creek P ily weaned away by. the coming | isi i it [tist Church, First and H streets south- | a subjeet, * Vixitaste Rl rfllple west, tomorrow at 11 am. Rev. W. L. | at 8 pm. Rev. J. A. Johnson of Pittsburgh, | Tyrley will preach at 3:30 pm. The|P.U..6 pm.: Pa., will presch at the Friendship Bap- | pastor, Rev. B. H. Whiting, will use as ' Tuesday. 8 p.m. > Syrophenician Mother,” n1ay school, 9:30: B. ¥. ayer and praise se: &tevee"" a4 8000 | on a relatively short life before it 15| s Al 29 | classed as obsolete.” | These are some of the outstanding ‘Warehouses, in the report, were given o conclusions in a report on depreciation a period of usefulness of 55 years when e school .. and obsolescence of buildings just made | built with the most permanent con- Repairs ...... 441,080 struction\and a period of 35 years when ' |end of 50 or even 100 years, but we | feel that their period of usefulness as trenras income will probably be about | 40 " paper; rooms, 2nd—Because It's years. i Hotel and elevator apartments were | InspectThis New Home Exhibit Today public by the National Association of Real Estate Boards. At the request of | the Bureau of Internal Revenue of the United States Treasury Department, | which has been studying the question | of depreciation and obsolescence in re-| 1ation to income tax returns, the l&o»‘ ciation appointed a committee on de- preciation and obsolescence to investi- | | gate life expectancies of various types | of buildini The committee's report has been completed and has now been given the approval of the board of di- rectors of the national association. Two-Year Study Made. The final report, which is the first offielal tatement of real estate men to the useful life which experience shows may be expected of various types of buildings. is made following a two- Jear study of the problem and is based on 111 reports received from local committees. = Tvpes of buildings included in the report, are offiee buildings, stores, ware- houses, loft buildings, factories, publi garages, theaters, hotels and elevator | apartments, apartments and flats with- | out elevators, stores with one or two | stories of Tooms or apartments, two, three and four family dwellings. Tow C a4 { houses nndtz_me-lnm:gi ;ize;ll:wi,c fl‘i’; i i | of construction considered for e 3 e Semcg Ph"?‘e * | of building were steel frame, fireproof: ‘Twenty-one children will receive their | reinforced concrete, slow-burning ma holy communion tomorrow morn- | sonry, with or without steel frame; ma- | ing at'the 8:15 oclock mass in S| sonry with frame interiors, and frame | irch, street between construction. and H streets. At 4 pm. there will be | One-family dwellings were estimated | renewal of baptismal to have a 50-year period of usefulness p— | Dwelling Garage Repairs . 81.000 4000 505 | Garages 3,073 Garage .. 350 Dwslings 183.600 Repairs . 30,270 Garages Garages Bouiers Totals 54 822 3351330 The following summary shows the dis.rioution of iraprovements among the respective sections of the Districv oi Columbia and the value of same: Northeast Southwest . Repairs Grand total . 4819 MONTGOMERY LANE Edgemoor, Md. A cozy 6-room and bath house, complete with all con- veniences; well built and finished in a manner you expect of houses priced $4,000 more. The lot is 64 feet wide. We believe the first gefwn who sees this house and really wants a 6-room suburban home in a good neighborhood, will buy it. The terms can be arranged. Price Only $9,950 Open All Day Sunday Te Reach: Drive or take cars out Wisconsin Avenne to Mont- gomery Lane and turn left one block at ument erected in memory of the Pioneer Mothers of the Covered Wagon Days. W. H. WEST COMPANY 1519 K Street Main 9900 EBRASKA AVE. Price, :14.,750 Half brick construction Three large bedrooms Two baths Sun-room, 10x20 ft. Open fireplace Oak floors and stairs ‘Lavatory on 1st floor loored attic Copper wire screens Built-in garage with over- head doors. The very latest in Plumb- ing and Heating Situated on a high lo- cation with long front- age on two streets. This represents the best in material and workman- ship offered at this price. Go out Conn. Ave to Nebraska Ave., then east three blocks. tire lot sodded JACOBSON BROS. OWNERS—BUILDERS 1616 K St. N.W. Main 2126 Wis. 2916 Cleve. 3353 |'A COZY PETWORTH HOME | 4706 8th St. N.W. Only $7,850 This lovely home contains 3 large bedrooms, tile bath, inclosed sleeping porch, sun parler. It is of the Colonial type. This is a brick home and exceptionally well built on a large lot. Will meet the requirements of a buyer who is looking for a small home. Open all day Sunday. WM. S. PHILLIPS & CO. 1501 K St. NW. REALTORS Charming Detached Homes Colonial and English Design With Garage Chevy Chase Terrace ooking Chevy Chase minutes from the heart of the city. Six large rooms, 3 spacious bedrooms, living room 16x24 ft. with fir e, tiled bath with built-in tub, shower and fixtures; tiled guest lavatory, bright try, large cellar. Artistic dee od ors throughout, ampl Covered porch, lot 50x132 caped grounds. Terms e to Norwood Drive. CAFRITZ Owners and Builders of Communities 1016 14th St. 9080 mnmmulmlnnmmflmunmummmmYmnm C g EY Tag BUNGALOW £ *10.250” OPEN ALL DAY SUNDAY 114 SHEPHERD STREET LOT 60x176 FACING TWO STREETS 1621 K St. NW. - - Metro. 5678 i 8ix Large Rooms, Full- width Front Porch, Ofen Fireplace, Hardwood Floors, Tiled Bath. Surrounded by Higherpriced Homes. One and One-half Blocke East of Conn. Avenue. ouglass Co. Realtors s Priced So Low —that you couldn’t resist the bar- nin The, only " home “witn” these leh-type features offered to the purchaser of Moderate Means. See 2610 Woodley Place N.W Open Sunday, 11 a.m.7 pm. Week days by appointment, Clev. 5602. 731 Sligo Av igo Ave. Bring the kiddies out between 2 nd 7 pm. Let them play on the spacious iawns, or climb trees if you wish; while you :_nmel this most desirable four-bedroom. strictl Todern . and " thoroushiy * remodeled detached home. More than ‘% acre, abundantly ted s, flewers with various fru Ampi if gou desire. T representative will sreet you and furnish information as to schools. Churches, transportation. etc. ' (All of 'which are most convenient.) Reasonably Priced Terms Will consider small property as part payment Drive out 16th and Alaska Ave. or Ga. Ave, turn right on Sligo Ave. just after passing under railroad. FISCHER & 1010 Vermont Ave. M n 566 It Is Furnished THE permanency of brick and stone construction—the desirability of a convenient location—and the charm of beautiful furnishings properly chosen and placed by Baum of Connecticut Avenue. These are the features which are shown in this remarkable exhibit. The house proper consists of six fine rooms, concrete front porch, double rear porches, tile bath with built-in tub, a conveniently equipped kitchen, many closets, hardwood floors throughout, tasteful decorations and fixures and a garage. It is a marvelous 88,95 0 Corner Homes Are Priced at $9,750 5101 45th STREET N.W. To Reach: If you have a car, drive out Wisconsin_Avenue to Tenleytown and out River Road four blocks to_45th Street and right to home. If you don’t—take any car go- ing out Wisconsin Avenue to Fes- senden Street, walk west to 45th Street and home. Or Take a Wesley Heights Bus Open Every Day Including Sunday from 9 AM. to 9 P.M. SHANNON. & LUCHY Exclusive Agents A new group of English Type Homes as expressed in A group of individual brick homes that gratify a popular demand for Six and Seven Spacious Rooms— with Two Tile Baths. Surprisingly attractive prices. terms of purchase. Liberal Modern American Construction Exhibit Home 3614 Van Ness Street North Cleveland Park A Furnished b o & J. SLOANE Designed by James E. Cooper Buslt by C.H. & G. U. Small We Cordially Invite Your Inspection Here you will find a home that is appreci- ably different — depnnflng essenfil“y from the usual stereo- type plan. Spacious Comfort with Substan- tial and Artistic Construc- tion—is the builder's objective. They challenge your every demand.s W. Exhsbit home open Saturday and Sunday until 9 P.M. Thru the week—I P.M. to 9 P.M. Schwab, Valk & Canby 1704 Connecticut Ave. Reultors. ;