Principles of City Land Values

'Principles of City Land Values' is a study book on the valuation of land and buildings in the American real estate market. When placed in charge of the Mortgage Department of the U. S. Mortgage & Trust Co. in 1895, the writer, Richard M. Hurd, searched in vain, both in England and this country, for books on the science of city real estate as an aid in judging values. Finding in economic books merely brief references to city land and elsewhere only fragmentary articles, the plan arose to outline the theory of the structure of cities and to state the average scales of land values produced by different utilities within them. The material for this study of the structure of cities - including their locations, starting points and lines of growth - has been gathered from a large number of local histories of American cities, old maps, commercial geographies, etc.