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Show COMPARISONS SHOW REALTY VALUES VERYLOW . Salt Lake CityPfoperty Cheapev by Square Foot Than Cingham Real estate today is the cheapest article arti-cle of commerce common In the life of a community. Comparisons between real estate and clothstuffs. lumber, tin, linoleum, lin-oleum, glass or almost everything sold by square measurement will show that ! per square foot Halt Lake real estate undersells them local realtors point ont, according to Blair Richardson of ths Ashlon-Jenklna company, local realtor. real-tor. "In the face of these ridiculously low quotations for real property choice tracts are being allowed to remain idle In all sections of the city, while the city suffers suf-fers from a home shortage. Only wilhin the last two months has there been any pickup In the demand for property." air. Rlchardaon said. "Yet this has not been sufficient to make the slightest raise In the price of property and the one thing that Is 'dirt cheap' Is ths actual dirt Itself." To cite the comparative cheapness of real property Mr. IUchardon gives quotations quo-tations which ar being offered by the Aahton-Jenktiis company. In one of the choicest residential districts of the city on Yale avenue near Klveiith Kast highly Improved property Is being sold by the Ashton-Jenkins company at $:t9 per front foot to a depth of 140 feet. This would amount to about 21 cents per square foot, or the price of a package t cigarettes or a good cigar. On Third Kast near Tenth 8011th the company Is offering for sale Improved property with pavement and sidewalk and sewer paid for at about $10 per front foot for a depth of K feet. Per square foot this amounts to 4 cents or less than a street car fare. In 1Mu, when the population oi nan lakb wa !- mm half what It Is at present, this same property without the improvements was bei ng sold for dou ble 1 1 s presen t cost . In a few years the street car fares one spends would buy a large home lot In this section. Kven on Federal Heights, recognised as one of the most exclusive residential sections In and around halt laake, only 37 cents per square foot la being asked by Ihe Ashton-Jenktna company, or about the price of admission to & movie show. On the avenues near Ninth avenue on R street property Is offered fur sale having M0-foot depth for per front i foot. This amounta to about 13 rents per square foot, or the war tax on a : pair of silk box. For the price of a bat. Mr. Richardson said, one could buy 66 square feet of ground on the avenue. or about 20 1 square feet of property on Federal Heights, or 130 square feet of land near i Tenth Houth and Third fclswt. In almost every section of Salt Lake a similar condition exists. North, south, east snd west, the comparative values of real estate are squally low. Kven to the realtor, who dally handtas property, it seems ridiculous to consider that real estate could possibly be aa cheap as ginghams, yet such Is the case. The cheaper class of real property is being sold for from 5 to IS cents per foot, but there are few ginghams and other articles arti-cles of commerce which are being offered i so low. |