House and Garden Papers on Home Making 
price, which includes not only the high 
value at which the land is held, but usually 
involves the purchase and destruction of a 
house to make room for the new home. As 
these papers, however, are addressed to the 
larger class of home builders to whom the 
prices of such properties are prohibitive, we 
need give them no further consideration. 
While it is in the city, that this element 
of sentiment appears in its most controlling 
aspect, it is far from absent even in 
rural residential districts, though manifesting 
itself under a different guise. Of two adjoin¬ 
ing properties in the same desirable locality, 
one of which we will say has a small grove of 
trees upon it, while the other is bare, the 
former will often be held at, and is well worth, 
many hundreds of dollars more per acre 
than the latter. Yet it is a purely sentimental 
value that attaches to the trees as a pleasant 
adjunct to the home. Commercially, the 
timber is not worth the cost of cutting it 
down and carrying it away. Or it may be 
that one property commands a much coveted 
view which the other does not. The fact 
that the view is desirable gives it a market 
value which is added to the basic value of the 
land. In the same way land which, as farm 
land, was bought for one hundred dollars an 
acre can be sold readily for building pur¬ 
poses, even in remote rural districts, at 
several thousand dollars an acre. Yet the 
change in value has been brought about 
purely by a change in sentiment. Phis 
element of value is the one, above all others, 
which the speculative real estate operator 
spends most time and money to create, and is 
the one which, when established to his liking, 
he is most careful to preserve intact; knowing 
well that a breath of suspicion or the slightest 
suggestion of disparagement will tend to 
depreciate values very quickly if his bubble 
has no substantial safeguards. 
Having now considered the chief elements 
which affect all residential sites alike, we will 
consider specifically the choice of a site for 
each of the several types of home succes¬ 
sively. 
{To be continued ) 
2 7 
