Show u REAL ESTATE VALUES. The increase in values of Salt Lake real estate from the early days to the present time is so marvelous that it is scarcely believable. A 10-acre block on the north bench was sold in 1868 for $10 and the seller thought he was getting the top price. That buyer is yet the owner and declares de-clares that the same 10 acres could not be purchased now for a thousand times what he gave for it. Fifteen years ago a quarter section on the east bench sold for $40 an acre including in-cluding a good water right. Today that same quarter section is divided into small tracts and the water right alone is worth $200 per acre. Tho land is held at a price 10 times more than what It sold for in tho nineties. |