Salt Lake City. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Salt Lake City. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Seattle. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars, per front foot.

Seattle. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars, per front foot.

While the outward glacial movement of a city continues, the daily currents of travel within alter its internal structure. The fluidity of daily traffic shifts utilities, creates plastic conditions in cities and keeps values in a state of unstable equilibrium.

To look at the problem from the individual standpoint, in attempting to state the value of any single property, the inquiry would seek first, upon what forces does the city itself depend, how permanent are they, how diversified, are they strengthening and what is the resulting index figure, to wit, the rate of increase of the city's population; next, what are the characteristics of the section of the city in which the property is located, its past history, its present stability, its future prospects; what is the central strength of the property, how near the main centre of the city or the various subcenters of attraction; what is its axial strength, the quantity, quality and regularity of the passing travel, what is the character of building on the property as to suitability, planning, physical condition, prospect of changing utility, management, convertibility, gross and net income; at what prices have surrounding property been selling, are they rising or falling, and do they suggest any factors not yet taken into account; is the property liable to be injured or benefited by changes in the building laws; is there any special enterprise or strength on the part of the owner or of surrounding owners likely to affect the property, what would be the probable effect of any inventions or improvements in transportation or the construction of buildings, and, finally, what are the general commercial conditions as affecting the earning power of tenants, actual or prospective, and financial conditions as affecting the capitalization rate.

Richmond, Va. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Richmond, Va. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Columbus, 0. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Columbus, 0. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Atlanta. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Atlanta. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Toledo. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.

Toledo. Residence section. Figures represent value of corners, for lot of average width and depth, in dollars per front foot.