Omaha Daily Bee Newspaper, June 6, 1915, Page 34

OMAHA LOT VALUES INCREASE EACH DAY Buy-a-Lot Cunpngn is Bringing m‘ the Front Many Pieees of Prop- ) erty Long Lost. it | 10T8 OF ALL SIZES T0 BE HAD' Many who now live In some of the finest residence distriets in Omaha hesitated to buy lots in those dis- tricts & half dozen or a dozen years| ago because they were not sure the| lots were worth the money. Th-t! was when those lots were offered at | $600 and $700. Those same people pald from $1,000 to $1,400 for their lot. The same lot now is worth in| many cases from $1,800 to $2,000, depending on the development of the addition. Today there are many hundreds of lots lying wvacant about the ecity tbat wil eventually make money the same way for their owners. Many hundreds of peo- ple are hesitating the same way about buying because they are not sure, or think | they are not sure. S8ome of these people will see the Increase in these lots until they double and treble in value Hties in Invedments, The Bee is at present putting on a thirty-day whirlwind buy-a-lot campalgn This is interied to wake people up to | the possibilities that lle In such Invest- [ have just a water-worn “Tor Bale” sign | on them that no one ever sees because it is hidden behind the luxurious growth of sweet clover are now coming to lght in the pages of The Bee. They are worth watehing for The old “For Sale” sign is so complately hidden on many excellent lots or has ac tually tumbied down with the result that people who have long admired a certain | 1ot have always supposed it was not for sale or could not be had at any The Bee's thirty-day campaign is to bring these out In blazing letters on its pages Anyone who wants to know where lots for sale can be found in Omaha at this time will get that information in the price | Omaha Bee during the next thirty days, | tor the lot owners and real estate men have taken to the idea just like a French- man to the trenches and are spreading their offers dally upon the pases. All Locations Advertised., Those who have any favorite addition in the city. in which they have been in- terested in securing a lot, will find these additions now ‘advertised in The Bee Acre tracts, five-acre tracts and regula- tion lots in all parts of the city are com- ing to the front and showing themselves |on the double-page display ads in The Bee. Here they come together on a sin- gle sheet of paper before the eyes of the reader to offer themnselves to the dis- criminative choloe of the fnvestor. It is not like driving all over the city for a year In an auto to look at all the lots and to be satisfled with none. Tt s, on the other hand, having all the lots brought right into your parlor for you to select from on a Bunday morning when you plck up the paper. The reader may choose the addition in which he be- lioves he will be most Interested. Many choose the lot or group of Jots which he | thinks is the cream of the\Jnvestment, | and then can make a trip ol with the agent right to a definite spot to uk] budnen. 4 u\l PLAN MANY NEW BUILDINGS Architects and Contrncwn Are at | Work on Large Number ! of Plans. RESIDENCE LIST I8 LARGE | Some of the plans on file now with the | architects for residences and other prop- [erty to bé constructed this summer in Omaha are given below: | Architect James T. Allan plans for a 35,000 residence, and attic, %x3, to be bullt ninth street and Poppleton |Bryan €. Rogers, South Omaha. Architect Everett 8. Dodds is drawing plans for a two-story, 30x2 residence, to {Bo built of stucco at & cost of 4,000, in {Minne Lusa addition, for Charles W. Martin Architect Lioyd D. Willis will let the contract ‘n about two weeks for.a two- |story, M4x32 residence, to coot $12,000, to be bullt in Dundee for George A, Roberts | Bids are being taken by Architect Burd |F. Miller for a two-story brick vemeor residence to be bulit for B. R. Wilkins. Architect Burd F. Miller is drawing {plans for the $30,000 manufactiring and wholesale building of the Goodrich Drug company. The buflding will be of rein- forced concrete and hrick. Will be four storles high, 46x120, and will be located at Tifteenth and Jones streets. | The Omaha Eagles will build at Eight- eenth and Capitol avenve. Two storfes, 80x82. The cost will be $00,00. To be is Ar--m: two stories \ at Twenty avenue, for Exchange bullding, | | {bullt of brick and stone. selocted, Three houses of somewhat unique plans | as to general arrangement and in use of chimneys, chimney sests, awn ' rooms, and tiling are belng AHA SUNDAY Architect mot | B 6, 1913, | buiit by the Prairie Park club on Fow ler avenue. Architect Charles M. Nye of Omaha is drawing plans for a 35,000 residcace, be bulit for Dr. Ernsst Kelley | |stories and basement, 9x#, to be bufit |of brick veéheer. | | Work was begun last week on the re- | |decorating and remodeling of the madn | floor of the Burgess-Nash company’s store, which will constitute an outlay of $50,000, when completed. to Realty Exchange Members Want to Buya Lot in Omaha | The Omaha anl Estate exchange iy |soon take steps looking toward investing as a corporatinn in some good substan- tial Omaba preperty. At the last meet- | ing of the exchange this matter was brought up. It was pointed out that'the exchange never has owned any property and that it would no doubt be desirable to do wo. C. . Harrison brought the matter up, declaring that there was no reason why the exchange should not be a property holding concern as well as is the Inter natfonal Realty Associates. ““We should own a lot or tract somewhere that we | would ' all be interested in,” he sald. Frank H. Meyers made a talk along the | same line, pointing out that the company is incorporated and hes the right to | make investments. No fund has yet been raised, but some tentative plans for starting a little sink- | ing fund have been’talked over. ’ ) Keep Bowels Regulan Nothing better than Dr. King's New Lite Pills for constipation, indigestion |and sour stomaeh. Get a bottla Only |2e. Al druggists.—Advertisement. Growth of City is Noted by Increase Of Business Center ‘“The growth of a city may be measured | Howsver, by the looation of real estate valued at | $1.000 per front foot,” says W. H. Thomas, | president of the Omaha Real Estate Bx- change, ‘Investigations prove that in the his- tory of nearly every city there is & time | when ita real estate in the busiriess cer- ter reaches for the first time a value of $1,00 per front foot. As growth comes on, this same property rises to $,000 per fmm foot, and property that was worth per front foot, adfoining the $1,000 | properly has risen to $1,000. A few years | pass and the $2,000 property is $5,000 pe: front toot; the $500 51,000 property, moves up to $,00. By | |this time the property that was $50 per ont foot has advanced In value 6ix times, ana is selling for $3,000 per front oo, “Thus, beginning at the ocentral poifit, | | of 31,000 per front foot, in the early de- velopments of the business center of a city, one may measure the growth of that clty by taking note of the very much increased area in which §,000 per front foot is the minimum price. “In a city of steady growth, Ilike Omaha, the record proves the certainty of the increase of values radiating from the business center. “Every five and ten<year period brings its natural advances for the whole radius. The adjacent business property that was unsaleable ten years ago, is today in de- mand at good prices. All of the business Teal estats in Omaha, radiating from tho central point in the direction of growth of the business district, hes advanced surprisingly in value in fifteen years. In the year 1800 twwnty-seven of the best corners in Omaha had an average value of SLI60 per front foot. In 1915 thirfy of the best corners in Omaha have an average value of $4,500 por front foot, and | vet, thers are people today, these who would invest (heir money for galn, who |are skeptical of real estate values adja- property that bocomes | i CORNERS FOR THE JUNE BRIDE Good furniture, correctly designed and well built, makes a coz; corner. Hartman's furniture makes your emtire home & “'coz; .corner.” Good furniture is the man's. If you pay us a call it only kind you will find at Hart will be quickly apparent to you that there never was, and is th. any other stock of furnitur. or homefurnishings in America toda; -n-.l-ut::otflnm-.h experience, mak to compare with Hart varieties, in vital improvement: gonulne economy. Our special outfits 88 prove: e an ideal, cosy home for brides in thei venture, Our extrem reasonable and sanc All we ask is l-nu.-mn EASY MONTHLY TERMS GLADLY AR- RANGED ON ANY PUICHASW DESIRED T HIOH GRADE T h made !htcu nu-nfl claw ‘:t undn 1o six 0 10 Solden sna offered for this $1.00 CASE—81.00 & out tal base, OUR IMPROVED 4- PASSENGER LAWN SWING. Large size frame stands 7 foot and enameled Seats and plat- IC’ OFFERING 1M G g priee fop o A uitable h ?f:'fl R(“?' 1 SPRING BRIDES WILL BE SPECIALLY INTERESTED In our funou caflplq}c oumu Hmmuu houn ln tral) ndu\u nnw rn ,-&"‘f.‘. LID OAK EXTENSION of carefully selezisd supported raa 13 nish - week at. 1t kg-g;;,;‘ PR HIGH GRADE #x11 sulected 'oolcnny Ky f;r for parlor, 1y “worth M CABT~51.00 & g Tt . :flupl n}" TRI FA HOUI Y genuine solid oak, i and fluv re| married especially esent th May we prove this to you KROHNLER from a beautiful settee b: ding rold-dm arod o u-a economically we can furnis ; finest complete home for the devote more attention to complete outfits than any other furniture lrged to visit ou ish your hom A ML NOTE THIS .WONDERFUL BED SPEC L VERNIE MARTIN BED tinuous :MILI’.-‘..F« recomme over M it al A ts and tel U Amuieu\ quarter measures 36x. 1AL shapely legs. Made unusually plain 55595, 99 CIRCASSION )IALV)' Dllnk tOD l.nd front. 'The mirror is ze, French be f,l“' measures 185x30 ade decidedl; h“VY Jines. Alto- \pewant blace of furni. ‘\eled AND ATTRACTIVE enunly of well seasoned fsw imitation eak. Top $7.25 m;f RN 1 w-ll Ifl.oflld hard wood. ovision com r M two shelves 4 oo capacity. ool lln.fl through- in every ;fi" ted by tour $1.00 Oash—$1.00 & Meuth, QUK X 00'000" o OO0 0N Y ol » cont to the business center of a growing city ltke Omaba, just as people were twenty years ago and ten vears ago there are many factors to be constdereq befors investing in real estate Advance in land valus may be 50 per oent to 7 per cent greater in one loeality than In another. If you are not fa- miliar with the various faotors that af- feet lard value consdit someons who i before Investing your momey.” Apartments, flats, housés and cottages tan be rentedquickly and chedply by a Bee “For Rent” N. E. CARTER, ARCHITECT AND BUILDER 2814 M $t,, South Omaha Phone South 1133 Heavy Hoisting E. J. DAVIS 1212 Farnam $t. Tel. . | (1% | DIVIDENDS Pald July 1st and Jan, 1st On Home Builders Preferred Shares, estima- ted on the present book value —$1.14 the share. 1 Bvery shareholder gets 7% on every dollar invested, be- sides you get the increase add- ed from surplus profits and also the interest on the Im- crease. All shares issued before July 1st participate in the surplus profits of the past six months. MW" Company HOME BUILDERS (INC.) 202 8o. 17th St., Omaha, Neb. in grow: le ok b !ll mund Inst Kow 2o grow “u.m“;m.m(.)ne to two dolhn bfl{l highest manufs DAVERKOSEN BROS., Jonesvive. Wis. 1 mortgage will be due. the home is your own. G. W. Loomis, President. J. T. Helgren, Asst. Secretary. Assets, $7,800,000.00. THE DIFFERENCE between borrowing money on a ‘‘straight mortgage’’ and the ‘‘monthly payment plan’’ is vital. row money on a ‘‘straight mortgage,”’ due in five or ten years, you worry every day in the year, for every day* brings you nearer to the dete uponm which the If you borrow money from us, on our monthly pay- ment plan, every day is a day of joy, for as each month goes by your loan becomes smaller, and in a-few years WHICH PLAN IS THE BESTY OMAHA LOAN AND BUILDING ASSOCIATION | { Northwest Corner 15th and Dodge Streets. If you bor- l W. R. Adair, Sec'y and Treas. \ A. A. Allwine, Asst. Secrotary. i Reserve, $176,240.57 nish. Barker Phone Douglas 4700. The House | pictured on this page is only one of the many that we have supplied with paint and var- Let Us Supply Your Needs Bros. Paint Co. 1609 Farnam Strect. H. S. McDONALD. v A Phone ‘We Reut Teuts NEBRAMA TENT & AWRNING c.o mo-mnuan PORCH-WINDOW-DOOR Y AWNINGS OF THE HIGHEST QUALITY Teuts and Oamp Furniture. . ‘wing Ooncern, 09 South Sixteenth St. Whater-Proghd, Pow; cont the bést We breskh and Jowa poiats. IDEAL QlMESY CEMENT BLOCK ~Tamped. and Steam-Cured. Made of Concrete ortland, cement, and thoroughly mixed. eliver anywhere In Greater Omaha and in cars lots to Ne- STONE CO., 1708-10 Ouming S, Phone Iudn “n Our product leads in quality because it is pictures, furniture, otc., and valuables will be Omaha Van & Storage Co. 806-818 South Sixteenth Strest Phone Doug. 4163