Salt Lake Herald-Republican | 1909-11-21 | Page 17 | Property Values Rising Rapidly

PROPERTY VALUES RISING RAPIDLY In All Sections Prices Are Im creasing Due to the Many Improvements Attention has been called many times to the remarkable Increase In the values of real property throughout tho the city and this has boon bean shown In Federal Heights equally with other sections It is now only a few weeks since the owners of the property raised the prices of building lots in the Heights although the prices there ther are still below those of adjoining build ing locations in South Temple street First South and the north bench Increases in prices of ot building lots elm sim liar ilar to those made In the Heights have been made In other additions of the city in varying degrees and It Is claimed that the justification for such a course Is great The rapid increase In population the erection of homes and the completion of Important public pubic improvements make property more valuable and the owners of additions which are In the line of progress rightly take advantage of the results of these improvements In no other residence section of the city however has there been such stability of property values as In the Heights or so little variation In the prices at which loca locations locations locations there were sold Except the general advance Just mentioned m there has been no change made by the original owners since the addition was placed upon the market When It Is remembered that the owners of the place have expended practically In improving the property and that the end Is not yet It can be seen that the value must be In the ground and that the prices charged for building lots are not fictitious