Evening Star Newspaper, November 28, 1931, Page 17

REAL ESTATE WASHINGTON, D. C, I]£ ?n Rning %iaf‘ SATURDAY, NOVEMBER 28, 1931. | BUILDING NEWS |p 4 ding Section for Washington and Suburbs ' EXPECTS RECOVERY INEEFICIENCY 1S BLAMED OF CONSTRUCTION | Use of Established Business Methods Recommended [ in 30-Point Tax Program Result- - ing From Survey. Home-Owning and Buil PARLEY TO GET RESULTS | 5 - SHDL00 FOR WEEK 23 Private Dwellings Are In-| cluded in New Construc- tion Planned. New Homes Purchased President’s Conference on Building and Ownership to Open Wednesday With Headquarters in New Commerce Structure. HE attention of the home owners and prospective home builders | of the Nation will be directed to Washington next Wednesday, when the results of a year of siudy by 400 experts will be laid | before the President’s Conference on Home Building and Home Ownership. One thous2nd spe: to aitend the three-day conference to be held here, with headquarters in the new Department of Commerc Building. | The general findings resulting from the great mass of specialized and technical studies are designed to prove of benefit to the indi- vidual in charting out economies and new methods which will bring No action was taken by the association board on this report, which will be submitted to the member boards. The report sug- gests few novel changes; even Federal Official Foresees Re- turn of $8,000,000,000 Annual Expenditure. ECOMMENDATIONS that State and local governments be run - | as most large businesses have been run for “a hundred years” ; | are the most striking parts of a 30-point t: - . . tvin . includt the | D! ax program sub. New building projects for Washing- TN e | u““‘d"y i ,,’;';’? bl n e mitted after a year of work to the National Association of ton baving a total estimated cost of | piling up of a “deflcit of construction,” | pooy gt PG FAC A X E | ton | y f eal Esta oards by Simeon E. Leland, University of Chicago. s.«i.ogn Sc‘lre‘ym;prrae‘dod\]lf ? x"hgulz?fi | will cause the building industry to come | Asked to study the Nation’s tax system on behalf. of real estate i wet V. Oehmann, a= | T 3 s & S lists in various home development fields o e | back to its former level of an expendl- | gymers and to make practical suggestions for their relief, Prof.. Included in the list were specifica- | ture of about $8.000000,000 a vear, it | Leland asserts that inefficient methods in every quarter have made tlonshtlorf':i prl\adl,(‘ dwellings mm" a :(_lrs girreflllgf% x":ése ;gg';r:l&":?fipflfiyg\fle‘;"; tax bills too high. number of flats and small apartments. ) Working with a staff of other tax experts and financed in part he I or the week was & | Stabilization Board, in an address e . et etter ing 2 “imula e for shi -story dwellings in_the 300 block | 015 in a T % 3 000~ better housing and thus stimulate the urge for home ownership. of Madlacn steect ad the 5800°Block | | this huge volume of annual construc- | report given to the association board of dircctors recantly is made of Third street, at a total cost esti- | | tion he said, are the slump in construc- | public for the first time today mated at $60,000. They will be erected Hon during the e v years, the| B2 il Laalle by H. G. Smithy Co.” from plans by | | necessity for new projects and altera- | R { tions due to destructive causes and | ARGER OPERATION While final preparations are be- | Other projects for which permits Ing made for | mobilization of the forces of the | | have been issued are the following: B country ever to be directed to the | subject of home building, digests are made public of some ad- | obsolescence, the genlus of the Amer- | Ican citizen In devising new things and | the demand of the public for new con- | veniences. the conference, | which represents the greatest | C. J. Harnett, owner and designer! Clarence W. Gosnell, builder; to ereci fro ditional specialized studies Renters Pay More. For instance, a study of a 1 group of femilies of comparcble in- come and soctal position has disclosed that familles renting homes allot more of their expenditures to housing than owning their homes outright, the crganization announced | his wec | Femilics still making payments on mes set ‘aside (h> largest percentage of their funds for housing and pay- ments, however, the report reveals Renters are in the majority among American families with ~expenditures under $4,000 annually, but home ownership increascs as the family in- | come rises, according to this study | made by the conference Committee on Household Management. The study shows that the proportion | of the income allotted to housing is not a fixed percentage, but varies with the size of the family, its economic status and whether the family is rent- ing or buying its home, as well as| other factors. The relative amounts spent for hous- | ing renters and bu; cated by the study of a group of which the femilies that owned their homes clear allotted 12.8 per cent of their expenditures to housing; renters al- lotted 17.3 and the famiiies vwho were still making paymenis on their homes 21.3 par cent to housing and payments. Waskingtenians in Group. Secking to point the want for more | effcctive p'anning of housshold opera- | tions, the committee made other | studies, with special emphasis on causes of fatigue, on purchasing procedures, on substitute services in child care, | 1203 preparation, laundering, the serv- | ant problem and storage spaces. | “hington was represented on this ccmmiitee by Miss Ruth O'Brien, De- partment of Agriculture; Vincent B. Phelen, Bureau of Stendards; Miss Faith M. Willlams and Miss Laura | Brossard of the United States Bureau ©f Home Economics. Finding from an analysis of 1930 census figures that many farm dwellings in the United States are valued at less than $1.000, a Committee on Farm and Village Housing will bring to the at- tention of the President’s conference several methods by which to provide farm houses of good quality and at a pricc that is substantially less than such housing now costs. A series of models to illustrate the committee's recommendations will be exhibited at the conference. The committee is composed of 45| agricultural engineers and economists, rchitects, home economists, sociolcgists and specialists in various fields of hous- ing, under the chairmanship of Provost A. R. Mann of Cornell University. In order to determine present con- ditions and standards a section on re- search has made a survey of 25 to 100 farm and village houses in each of 28 counties of 18 States. Information on | every phase of the physical aspect of | the house, including its state of repair, | its location with regard to sanitati-n and drainage. ‘he number of rooms, | kitchen equipmer*. lighting, heating, and screens was g 'hered. Studied Farm Homes. Although in normal times credit fa- cilities seem to be adequate for farm | house financing, evidence to indicate that a serious situation exists at the present time was collected by a section on finance. This section made an analysis of the value of farm Gwellings in relation to farm income and to cap- ital invested in farms. The analysis was based on consus figures and farm management surveys made in the vari- ous States. Specifically, its purpose was to find out why.the farmer in certain ereas lives in a $500 home. The section found that facilities com- parable to those at the service of farm and urban dwellers for extending credit for village housing are almest non- existent. While the Federal Land Banks assist farm housing and the building and loan associations assist urban housing, there are in general no (Continued on Second Page.) | did not desire to own their own homes | asset,’ difficult to dispose of except at Cash Payment $500 5 620 Ingraham St. A cozy little home, large rooms and screened porches. In new house condition. Don't fail to see this Bargain— Easy Terms E. H. CROXTON Reaity Assoclates 1127 Eye St. Nat. 8744 Bur;l':aith $9'«500 This beautitully arranged stone front home is 20 feet wide and in addition to its six large rooms it has screened double rear porches, wood-burning fireplace, electric refrigeration, modern bath with shower and a com- pletely equipped kitchen. Its location offers a clean, restricted neighborhood close to all schools yet within twelve minutes of downtown. Don't delay your in- spection; this is a real buy. 1702 37th N.W. from Western Hich) b i | (One Sa Open Saturday 5-8 P.M. Sunday 11-7 P.M. EENON LUCHS] 1435 K St. N.W. | | NA. 2348 | CASH TO BUY HOME Figures Tabulated in New @ York as Result of Cuesticnnaire. Eighty-one per cent of 76,000 members of a New York building and loan insti tuticn, answering a questionnaire re garding problems of home ownership, report they saved money with which to start building or buying their homes This information, along with answers | to 18 other questions about home own. ership and financing, has been forward- | ed to Presidert Hoover and Secretary of Commerce Lamont by George A. Martin, | g‘fig";’;‘ o O ; Bros., designers and bulders; to erect | | York, which made the survey. The digest of the answers to the questionnaire was made in the hope that it would throw some light on the problems with which the President's Conference on Home Building and Home Ownership will deal here December | 2 to 5. 81 Per Cent Saved. Highlights of the study are listed as | follows: “Of home owners represented in re- plies, 81 per cent saved the money with which to start building or buying their homes. “While 85 per cent have first mort- gages, only 21 per cent admitted to sec- ond mortgages. “Of those having first mortgages, 77 per cent found them no undue burden and 52 per cent declared it no mcre difficult to make payments now than before the depression. “Of those declaring second mortgages on their homes, 51 per cent believed the second mortgage cost too great, while the average bonus or commission paid | for obtaining the second mortgage was 13.6 per cent, with a range between 2 and 30 per cent and the highest fre- | quency falling in the 18 to 20 per cent bracket. Had Less Than Half. “Of those who answered the question, ‘When you purchased or built your home, what percentage of the total cost did you have in cash or land and cash?’ 73 per cent reported an equity of 40| per cent or less. “Of those specifying, first mortgages were held by building and loan associa- tions in 41 per cent of the cases; 41 per cent were held by savings banks, mort- gage, title or other lending companies, and 18 per cent by private individuals. “Of those, including present home owners, who do not desire to own their own homes, 45 per cent attributed their lack of desire to own their own homes either to high taxes and assessments, mortgage, interest or maintenance costs, or under the general explanation ‘cheap- er to pay rent’ Thirty-four per cent because they believed or had found from experience that a home was a ‘frozen a loss in time of need. “Thus, 79 per cent of those avowing unwillingness to own their own homes attributed their attitude to two of the conditions in the home financing struc- ture to which the President’s Conference | is giving particular study—the high cost of junior financing and the frozen posi- tion of real estate in the financial | cost $3,000. | Capitol and S streets; to cost $2,000. 1310 to 1330 Oates street seven 2-story brick flats Orren street and northeast; to cost § E. S. Beall, jr., der; to erect aweilings, 4418 place northeast: o cost | Max designer and ry brick Tairteenth 0.000. | builder; R. C. | Archer, jr., architect, to erect one 2. story brick apartment ouilding, 3: Nichols avenue southeast: to cost $18 500 W. D. Sierrett. owner: Willlam R. Lamar, architect; Mo;rrison Bros., | builders; to erect threc 2-story brick | and tile dwellings. 3520, 0, 3540 Van | Ness street; to cost $18.000. | illiam B. Caton. owner and builder; | L. W. Giles, architect: to erect one 2—‘ story brick flat, 1625 Twenty-first street scuthe>st; to cost $8,000. i | ~"Fred W. Horton. owner and builésr; F. G. Wiicox. designer; to erect one 115-story brick and irame awelling, 5657 Tweniy-e ghth sireet; to cost £8,000. | New Residences. | George C. Mart'n, owner; Martin | story brick and frame dwelling, | | 6346 Thirty-first street ;to cost $4,500. Ella M. Talbert, owner; Maurice Joyce, designer and builder; to erect one 2-story brick and cinder block 3 Nichols avenue scuth- | east; to cost $6,000. | Walls & Douceit, owners and build- | ers; Marcus Hallett, designer; to erect ona 2-story brick dwelling, 2948 North- ampton streat; to cost $13,000. | C. H. Gaskins, owner and builder; | George S. White, designer; to erect one | 2-story brick, tile and frame dwelling, | 621 Nicholson street; to cost $10,000. | G. F. Ferguson, cwner; Sears, Roe- | buck & Co., designers and builders: to | erect one 1-sto:y brick veneer dwelling, 738 Van Buren street; to cost $5,000. R. F. Soper, owner and builder; R. M. Briscoe, designer: to erect one 2- story brick dwelling, 724 Eleventh street | northeast: to cost $4.000. Elijah Benyard, owner: L. W. Giles, architect; Randolph Dodd, builder; to erect one 1-story concrete block dwell- ing, 5117 Deane avenue northeast; to Repairs Planned. Lattner estate, owners; H. R. Spencer, designer; to make alterations, 915 and 917 Pennsylvania avenue; to cost $3,700 J. J. Moebs, owner and builder; R. P. Whitty Co., builders; to erect and con- struct marquise, 1332 to 1364 Connec- ticut avenue: to cost $1,100. Lotiie May Martin, owner; James Martn, builder; repair wharf, Scuth | Jesse Blackwell, owner and builder; R. C. Archer, architect; to relocate one | 2-story brick and frame dwelling, 610 | Fifty-third street northeast; to cost | $1,500. Henry G. Hanford, owner; R. F. Beresford, architect; James T. Kenyon, builder; to erect one 2-story frame ad- | dition, 3706 Military road; to cost $1,200. Vinson L. Langley, owner and builder; | Marcus Hallett, designer; to erect onc | 1-story brick sddition, 19 I street northeast; to cost $1,500. Italy Moves to Bolster Lira. ROME, November 28 (/).—The latest of a score of regulations to bolster | the lira and prevent speculation yes- terday forbade banks to sell or buy | doliars in Italy at more than 19.40 lire to the dollar, regardless of the | exchange abroad. Why wait till “your ship ¢ fabric Shepherd Park Do Not Fail to See Our Display Home AT 1335 Hemlock St. N.W. Completely Furnished L. E. Brueninger & Sons Marietta Park 5816 6th St. N.W. Detached brick homes 8 rooms, complete baths, attic, electric refrigera- tion, wonderful lot, garage, etc. of 2 charm, Drive out 5th St., left on Nichol- son St. one block to houses. Tower Bldg. Dist. 0853 to get back to 5416 3lst St., Chevy Chase, g ~ LiguTED TILL 9 PM. J. Wesley ' Buchanan MEL 1144 You., as well as the children, will fall in love with this un- usual home—of individuality and charm within and without. Seven cheery rooms, two tiled baths, model kitchen with elec- tric dishwasher, etc. Terraced grounds with large trees; garage §f % match house. i ,! 2 Only $12,950—TERMS! et L3 comes in”? EASY TERMS permit you to BUY NOW! 5414 30th Pl, Chevy Chase, D. Reduced price —and terms arranged to suit you! An all- brick, detached home just & few doors North of Miiitary Road, near Rock Creek Park. Large rooms, 2 fireplaces, all conveniences, complete equip- ment, garage. Don’t miss see- ing this unusual value! $10,950 J. Wesley Buchanan | g Realtor Lighted 1427 Eye Street Metro. 1144 TR Camen UNUSUAL New Center-Hall Brick Corner Home Facing - Ft. Slocum Park 8 Rooms 2 Baths 511,950 Commodious living quarters for the larger family . or doctor or dentist - at a compelling price. Situated at a most pre- ferred point with permanent out- look over the park. Cement side porch, copper screens, built-in garage. brick mantel, paneled walls, Westinghouse refrigeration, furnished breakfast nook and other ~features. Quiet streets aimost entirely free of traffic . convenient to schools, etc. 234 Madison St. N.W. Drive out igth, to on. thened ', e car or G ¢ to ar U emar; | . | 5% | | street, Chevy Chase, Md, which has been purchased by Mr. and Mrs. George Thornton Walker from Ge rge B through the agency of Thomas Ri tains cig. hail p: Th> ict has a frontage of and a depth of approximately 115 fcet. Bloomc L. Peyton. The house, built bv C \_mun rooms, two-story porch, two baths and is of center- | 08 feet on Spruce and Rosemary streets | Lower: Home of Dr. and Mrs. C. Hamilton Anderson, at 5448 Thirty-third | street . and of J. Wesley B built by Paul T. Ston chanan. - pine. to Bread Branch SAYS HOME OWNING | SHOULD INCREASE The lot is wooded and ad. Association of Real Estate Boards| Declares Bread-winners Have Gained in Number. In spite of the talk concerning the unemployment situation a statistician | has figured that there is at present one | working bread-vinner for each 2.7 per- | sons, which indicates that there should | be more activity in the home-building | and buying field, according to the Na- | tional Association of Real Extate Boards. | Pointing out that families were able to undertake home owning cemurles| ago when it was uncommon for more than one member of a family to be em- | ployed, when both home costs and in- | comes were lower, the association de- | clares many people are able to purchase | Belle Haven Va. On the Mount Vernon Memorial Highway Home Sites Homes NORMAN C. BROWN Investment Bldr. NA. 1818 GARDNER L. BOOTHE, 2d 106 St. Asaph St. Alexandria, Va. ONE LEFT FURNISHED MODEL HOME Scmi-detached, 2 complete baths, fireplace, electric refrig- eration, built-in garage. Large “521 Oneida St. N.W. MARIETTA PARK Built by J. B. Tiffey Drive out 5th St, to Oneida Tower Bldg. 57,950 Located directly across the street from the Beautiful Swartzell Home, this lovely small home is on one of the highest clevations in this city. Containing five rooms (two bed rooms), large attic and thoroughly modern equipment, it has been put in perfect condition inside and out. With the opportunity available to buy a home of this character at the above price you cannot af- ford to waste your money in rent. Liberal terms. 6217 2nd St. N.W. Open Sat. Aft., 5 to 8 P.M. Open Sunday, 11 AM. to 7 P.M. @gg{eu Bros. OF BETTER HOMES' Tower Bldg. Nat'l 9240 |SHANNO§ & LUCHS] 1435 K St. N.W. NAt. 2345 purchased recently through the agency , brick and frame construction, it ccntains A feature of the house is a book room paneled runs through from Thirty-third street homes at present who are not dcing so. Even if there were 6,000,000 unem- ployed this country this would place the number of employed around 46,000, 000 or an average of about one working bread-winner for each 2.7 persons in the country, the statistician explains. The United States census figures show an average of 3.7 persons to an average family. | “If thuse who are employed have had | incomes and wages cut then it should be remembered that construction costs | are down also and houses already built can be cbtained at bargains,” continues the association, 3 “With two bread-winners to every employed family there is no fundamen- | tal reason why many more people should | nml undertake home owning immedi- | ately.” f e i/ Don’t be cramped Enjoy the | Large Rooms of 5471 3lst Street Chev baths, three 2-car brick garage, complete equipment. A delightful location just porches, a real sacrifice price! EASY $14,500 2455 Lighted till 9 P.M. | construction for many years, leads me Construction in the United States, from the shingling of a barn in Maine to the building of such a project as the Hoover Dam, probably amounts to more than $8,000,000,000 in a normal year, he said. My acquaintance with design and to believe that the sound of the rivet| and the rumble of supply trucks wi! return with a louder chorus of men at | work than has bezn heard herstofore, he said. NEW PUBLIC BUILDING REACHES $53,487,129| Total Awards Last Week Are| Scattered Over 43 States st and the District. l Public and mi-public contracts awarded last week have a total valu- ation of $53,487,12 for 513 operations | in 43 States and the District of Co- lumbla, the President’s organization on unemployment 1clief has reported. | Total awards sirice December 1, 1930, have amounted to $2,687,720,112 ex- | clusive of mors then $124,000,000 in | awards by privately owned public utili- | es. Elimination of the latter item is in | keeping with ine committee's new | policy of not recording projects of pri- vately owned utilities, such as tele- phone line and building construction, | light and power, gas and ofl pipe line construction, sireet car lines and rail- road stations and trackage, it is an- nounced by ¥red C. Croxton, assistant director. 3062 Porter St. Cleveland Park New Colonia! Brick For Sale by Louis F. Peak North 0167 7716 14th St Shepherd Park A NEW HOME ALL-BRICK CENTER HALL FOUR BED ROOMS TWO BATHS A well built home, beautifully finished; paneled walls in large living and dining rooms. First- floor den or breakfast room. Up- to-minute kitchen with ELEC- TRIC REFRIGERATION; shower bath between two front bed rooms, large attic, all oak floors, 2-CAR BUILT-IN GARAGE, LOT 50x143. $18,500 OPEN ALL DAY SUNDAY UNTIL 9 P.M. AND DURING THE WEEK, 2:30 TO 8. Drive_morth on 16th St. to Juniper St., east to 14th St. (beyond Walter J. WESLEY BUCHANAN REALTOR 1427 Eve Street MEL. 1184 3420-34th “In the Heart of Old Cleveland Park, Just North of Newark Street” $9,450 An Unheard-of Exclusive Semi-detached, 4 bedrooms, 2 glass-inclosed porches, attic with servant’s room, garage, open fireplace. tive shrubbery and trees. 1 School. Open Saturday P.M. PHILLIPS AND CANBY, Inc. Exclusively A. 4600. -fiai J. B. Tiffey, Bldr. 4405 13th P1. N.E. PRICED MUCH LESS THAN YOU EXPECT Drive out N. Capitol, right on Michigan Ave., left on 13th Pl Tower Bldg. Dist. 0853 Reed Hospital) “and turn morth. BOSS & PHELPS 1417 K St. National 9300 St. N. W. Price for this Location! Attrac- 12 blocks from John Eaton and All Day Sunday Investment Bldg. y MICHIGAN MANOR : A L | Delightful Place to Live 12 MINUTES FROM DOWNTOW. FEATURES Semi-detached brick, 6 rooms, 2 full baths, fireplace, pantry, Frig- idaire, hardwood throughout. Three large porches, screens, large lot, garage. to help the country out of the presen | unsatisfactory conditions in Fousing is in the large-scale operation, jucgment of a g'rm’zlyé of ho&wmgue - and realtors, g:ra':édngym.:el::h K Storm. direetor of | ords of thelr financial affairs that only the Julius Rosenwald Fund. operaticns proviZe quarters at monthly rents as low as $9 a room, the com- mittee finds that micst of the present depression they show a safety of investment and a negligible rent loss or delay in pur. | chase payments that is almost Committee to Urge Importance of Mass Production of Homes. A necessary adjunct to any memn{‘ in the | This group i¢ the Committee on Large-Scale Operations of the Presi- dent’s Conference on Home and Home Ownership. report will urge the importance of mass production rather than individual con. Building its conference ruction of houses. Though some of these large-scale | HESKETH ST. Adjoining Chevy Chase Club rounds Open Sunday rive 2 blocks west on Graftom St. Chevy Chase Circle, one squaré morth to Hesketh St..'and furn left o houge. H. L. Rust Company 1001 Fifteenth St. Natiomal 5100 — A New Corner wns on a blanket reduction of Government services as “imprac- tical,” but asks in every quarter a business-like handling of tax funds. Accounting Systems Absent. Most_outstanding is the portion of the report that declares accounting systems for the vast sums of money raised through taxation are “woefully conspie us by their absence.” Many units of government keep no accounts and others keep such inadequate rec- (Continued on Second Page.) Pormanence in FOXALL Few things in life bring greater joy or happiness than the owner- ship of one's home . . . a home built to endure . . . in an environ- ment permanently protected. The superiority of our materials, workmanship and construction insure durability. while Foundry Branch Valley Park, the Upper Potomac River Park Develop- ment and surrounding estates as- sure the continuance’ of its pres- ent ideal environment. Visit our Furnished Model Home, open until 10 p. m., at 4400 Volta Place, three short blocks south of Reservo'r Road, and see for yourself what living in Fox- all really means. Prices $11,350 to $14,950 2 WAVERLY TAYLOR e 1522 K Street Nat'l 1040 Brick Residence WESLEY HEIGHTS 3100 45th St. Corner of Klingle Street An impressive center-h one of the most delightful all brick home situated on sites in this distinguished community. Its spacious floor plan and unusual refine- ment of detail characterize perfection in design and craftsmanship. There are nine rooms (five bed rooms, with unusual large master bed room), three baths and first floor lavatory. Garage for two cars. Open Daily for Inspection Schwab 1704 Conn. Ave. & Valk Decatur 2333 1734 Taylor St. N.W. 0 Located in the most convenient of Washington's high-class detach>d neighborhoods, 1'% squares west of 16th St., adjacent to Rock Creek Park. All brick, Colonial design, 7 rooms, 2 baths (large sun room everiooking woods) for furniture arrangement. strips, oil burncr and ice machine. proportion to present-day values. Each room designed Screens, weather- Priced in Built and guaranteed by Washington’s oldest established builders. Your present home considered as part payment. OPEN ALL DAY SUNDAY National 2040 Surd Mr. Smil Investment Bldg. Owners and Builders (Developers of Shepherd Park)