Real Estate Market Upswing Says Houses Sell Above Reproduction Cost
Cedar Rapids realtors challenge Chicago analyst Roy Wenzlick advising buyers to act now. They present case studies showing many homes, especially newer ones, fetch 20 to 25 percent above current reproduction cost. They warn of overpaying, frame purchases as shelter, and reject government price controls as harmful.
MENTIONED IN THIS ARTICLE
Roy Wenzlick
Chicago
New York
Chamber of Commerce
Cedar Rapids
Wenzlick
Chester Bowles
OPA
Better Homes DIRECTORY listing manufacturers and lenders
Perpetual Savings and Loan Association Kenwood Fuel Co. Standard Glass and Paint Co. Broadstone Furnace Co. Hawkeye Lumber Co. Heinze Electric. Klinger Wallpaper and Paint Co. Limback Lumber Co. Hedges Company. J. F. Heather Co. Messinger & Sons Illinois Iowa Gas & Electric Co. Peoples Savings Bank.
MENTIONED IN THIS ARTICLE
Perpetual Savings and Loan Association
Kenwood Fuel Co
Standard Glass and Paint Co
Broadstone Furnace Co
Hawkeye Lumber Co
Heinze Electric
Klinger Wallpaper and Paint Co
Limback Lumber Co
Hedges Company
J. F. Heather Co
Messinger & Sons
Illinois-Iowa Gas & Electric Co
Peoples Savings Bank
Prices Rule City Real Estate Market Says Realtor
A veteran realtor notes sharp price rises across city real estate with several examples. A bungalow built four years ago cost 4950 and resold last fall for 7500. another bought three years ago for 3750 now lists 5950. a northeast bungalow sold for 6000 and resold 9250. an investment property bought 3150 years ago and sold this year for 4750 with 1000 down. Although rents persist at 30 a month, agents warn prices may fall, yet buyers persist, driven by demand and commission incentives.
MENTIONED IN THIS ARTICLE
Fifth Avenue SE
Bennett Named to National Committee
H. H. Bennett, secretary of the Perpetual Savings and Loan Association, has been named vice chairman of the 1945 accounting committee of the United States Savings and Loan Leagues. W. M. Brock of Dayton, Ohio announced the appointment. The committee, about 40 executives and accountants, works on standardizing accounting practices for thrift and home financing institutions, a program begun nine years ago with a standard system.
MENTIONED IN THIS ARTICLE
H. H. Bennett
Perpetual Savings and Loan Association
United States Savings and Loan Leagues
W. M. Brock
Dayton
Ohio
Savings and Loan
Lafayette Cafe Owners Buy Business Building
John, George and Mike Thomas, Lafayette cafe owners, purchased the business property at 1600-1604 East Avenue NE from Mr and Mrs A A Rossey of 2831 First Avenue SE. The property includes a store room and two apartments and was sold through Tait and Wagner Company.
MENTIONED IN THIS ARTICLE
John
George
Mike Thomas
Lafayette Cafe
E Avenue
A. A. Rossey
First Avenue
Tait and Wagner Company
Prize-winning Home Plan for a Narrow Lot
A compact house plan by E. C. Ma honey of Chicago won first prize in the National Association of Home Builders contest for the narrow lot category. The design places living spaces at the front and bedrooms at the rear with a central bath for easy access. It features a large dining area in the kitchen, two closets in each bedroom, and room on the second floor for an extra bed and bath. Estimated Chicago-area construction cost is 4700 dollars, plus 500 for a third bedroom and 350 for a future bath. The plot plan shows a rear drying yard connected by a cement walk past a grape arbor to the clothes area, designed for smooth wheel passage.
MENTIONED IN THIS ARTICLE
E. C. Mahoney
Chicago
Industrial Workers
National Association of Home Builders
Gazette
Bill Basley
Built In Atmosphere And Home Comfort Units
Built in units add a homey atmosphere and signal belonging, says K H Hinchcliff of the University of Illinois. He notes examples like a fireplace with a built in fuel bin, a built in couch, a built in radio and book case showing thoughtful planning long before fabrication. Closets demand careful sizing for accessibility and clothing care, with walk in options costing about twenty dollars more than standard styles when two persons share space. Adjustable fittings permit growth with a child, and metal systems are available.
Large Living Room Trends Shape Postwar Homes
A study of interior design trends shows livability rising with a focus on a restful living room. Typical small homes feature living rooms 12 by 18 feet to 20 by 30 feet, with FHA guidance of at least 10 by 16 feet equivalent. Postwar plans favor dead end living roofs to reduce interior traffic and allow better furniture layout. Fireplaces, when added, become focal points but can be visually spoiled by nearby doors.
MENTIONED IN THIS ARTICLE
FHA
Real Estate Transfers Involving Lundquist and Company
Louis J Ford and Robert A Hruska sell residences to Emma L Johnson and Theodore C Cordes buys back at 312 Twenty-ninth Street NE. Lundquist and company handle all listed transactions including the sale of 2011 D Avenue NE to Rob ert A Hruska and the Hruskas home at 222 Twenty-seventh Street NE to William Schultz. Cooperative sale at 1612 Johnson Avenue NW handled by Lundquist and company and Tait and Wagner.
MENTIONED IN THIS ARTICLE
Louis J. Ford
Sixth Avenue
Emma L. Johnson
Hamilton Street
Twenty-ninth Street
Theodore C. Cordes
Lundquist and Company
Walter Young
D Avenue
Robert A. Hruska
Twenty-seventh Street
Hruskas
William Schultz
Highland Drive
Tom Lekin
Thirty-third Avenue
Fourth Street
David Haddad
Avenue
Jesse Mumma
Johnson Avenue NW
William Jones
Ellis Boulevard
Jones
Tait and Wagner,company
Kruidenier Couple Buy Bay Apartment House in Seattle
Mr and Mrs Dan Kruidenier 340 Seventh Avenue SW purchased the apartment building at 110 112 114 Fourteenth Street SE from Mrs Edward A Hazleton 121 Nineteenth Street NE The sale was a cooperative model through Doolittle and Company and C M Hatfield and Company Mr and Mrs Paul B Bradley Brownsville Texas sold their portion in the deal.
MENTIONED IN THIS ARTICLE
Dan Kruidenier
Seventh Avenue
Fourteenth Street
Edward A. Hazleton
Nineteenth Street
Doolittle and Company
C. M. Hatfield and Company
Paul B. Bradley
Brownsville
Texas
Cooperative sale records six houses in northeast city
Doolittle and Company and the Hedges Company handled a cooperative sale listing multiple transfers. The properties include 3066 Weing Road NE to Elmer and Price, 1220 Lake Avenue NE. 433 Thirty-third Street NE to George and wife. 3009 Cottage Grove Avenue SE to George and wife. and 1118 Elmhurst Drive NE to Herman and wife Helms.
MENTIONED IN THIS ARTICLE
Weing Road
Elmer D. Price
Lake Avenue
Doolittle and Company
Thirty-third Street
Forrest L. Clemens
Columbus
Ohio
George P. Hixenbaugh
Cottage Grove Avenue
Donald E. Crabbs
Elmhurst Drive
Herman C. Helms
Sixth Avenue
The
Hedges Company
Konings Buy Johnson Residence on Fifth Avenue SE
Mr and Mrs James A Koning purchased the Mrs James Johnson home at 1826 Fifth Avenue SE and took possession March 1. They formerly resided at 1828 Fifth Avenue SE. Companion cropping described as a method to maximize land use and boost small-garden yields.
MENTIONED IN THIS ARTICLE
James A. Koning
James Johnson
Fifth Avenue SE
Konings
Cedar Rapids Building Permit List Details Many Projects
A Cedar Rapids building permits brief lists numerous applicants and project types with costs. Projects include reroofs, sidings, remodeling, repairs, and new garages across multiple streets such as Twelfth Street SE L Street SW First Avenue SE and others. Notable entries include Iowa Manufacturing relocating a shed and remodeling costs for several dwellings and commercial buildings.
MENTIONED IN THIS ARTICLE
Jennie L. Dorothy
Twelfth Street
Etta Krohn
L Street
Anna and Mary Woitishek
First Street
Emma Buresh
First Avenue
Iowa Manufacturing Company
Sixteenth Street
Industrial Foundation
Michel Truth
H Avenue
Hatch and Brookman Company
Eighth Avenue
Oscar Peterson
Fourteenth Avenue
Fred Fite, Jr
Third Street
Joe Connally
Second Avenue
J. B. Huskey
Eighth Avenue SE
C. Frutchey
Alton Vaughn
C. J. Madison
Thirteenth Street
Floyd M. Inskeep
B Avenue NE
O. L. Brokaw
Mt. Vernon Road
Stan Holden
Center Point Road
Henry Demarah
A Avenue
C. E. Ferris
Robert Fritz
Charles L. Rose
Eighteenth Street
Harry Edleman
Sam Abrams
Fifth Avenue SE
Real Estate Board Admits New Members
C. A. Pope is admitted to firm membership in the Cedar Rapids Real Estate board and now works with John B. Finney as Finney and Pope. Three probationary members are elected to participating membership: Henry Bollen of J. Frank Cravens, Chester C. Waters of Doolittle and Company, and George A. Lundquist of O. H. Lundquist and Company.
MENTIONED IN THIS ARTICLE
C. A. Pope
Cedar Rapids Real Estate Board
John B. Finney
Finney
Early American forest management linked to timber crops
The practice first appeared in America in 1730, with enduring growth only in recent decades. It traces forestry methods that regulate timber crops and influence land use.
MENTIONED IN THIS ARTICLE
America
Van Winkle Buys House From Jones on Fifth Avenue SE
Mr and Mrs Van Winkle have purchased the residence at 2467 Fifth avenue SE from Mr and Mrs Russ I Jones and moved in after sale through Tait and Wagner company. The Joneses have relocated to Manchester for business.
MENTIONED IN THIS ARTICLE
Howard L. van Winkle
Fifth Avenue SE
Russ I. Jones
Tait and Wagner Company
Jones
Manchester
Thompson
Lenore E. Hunting
Second Avenue SE
Lillian Peters
Mitchellville
B Avenue NE
Bertha Snyder
Yaya Inskeep
First Avenue
Eighteenth Street
Washington Avenue
G. F. Buresh
Charles B. Burch
Marjorie Castle
Buskey
Frank Kvetensky
Joseph B. Nemec
Third Avenue
Eighth Avenue SE
Leo Hershey
Sixth Street
Tessa Huskey
Ninth Avenue SE
Martin M. She«bek
Eighth Street
Fifteenth Street
Guy Ferguson
Twelfth Street
S. E. Dale
Eighth Avenue
Leo Steckel
A. J. Rector
Fourteenth Street
Franc C. Howard
Linsleys Purchase Kolda Residence Coop Sale
Mr and Mrs John Linsley acquire the Kolda residence at 843 Camburn Court SE from Mr and Mrs Stanley Kolda in a cooperative transaction processed by Yuilt and Gohmann and J Frank Cravens. The buyers reside at 345 Eighteenth Street SE.
MENTIONED IN THIS ARTICLE
Stanley Kolda
Camburn Court SE
John Linsley
Eighteenth Street SE
Yuilt and Gohmann
J. Frank Cravens
Also Mentioned on This Page
Naomi Dobbel
Better Homes Directory
Bennett
National
Lafayette
Perpetual
3Rd St. S.E
Cedar Rapids, Iowa
Back Yard
Geo Room
K. H. Hinchcliff
College of Agriculture
University of
Franklin Iilinois Furnace
Franklin Illinois Stoker
Freeman Furnace
Freeman Stoker
J. F. McLaughlin
Dial
Yaa
Second Ave. SE
Broadston
4Th Ave
PINE
Hawkeye Lumber-Coal CO
Klinger
Paint and Wallpaper Company
2Nd Ave. SE
Heinze Electric CO
1St Ave
Limback Lumber ‘Co
Real Estate Board
Dr. van Winkle
House of
John Linsleys
Kolda
Consult
Hedges
Hedges Service
Herbel
Ake
Mckinley Street
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