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Residential Appraiser for Candleridge, Fort Worth

22.4% of Candleridge sales carry a pool — more than one house in five, and well above the regional rate of 13.9%. On a 156-sale neighbourhood, that one feature is doing more work in the grid than anything else.

Housing stock
Late-1970s and 1980s housing with some later infill, on lots of about a quarter of an acre
Typical property
A median 2,216 square feet on a median 10,215 square foot lot — larger houses than most of the surrounding mid-century stock
Utilities
City of Fort Worth water and sewer throughout. No septic, no MUD or PID assessments
Tax status
Tarrant Appraisal District. Standard residential taxation
Main appraisal issue
Pools and sample size together. More than a fifth of the sales carry a pool and the neighbourhood records only 156 closings in three years, so the comparable set is small and a pool adjustment taken carelessly moves the answer a long way
Scope
One-to-four unit residential and residential land only, in compliance with USPAP
Getting there

Candleridge sits in south-west Fort Worth, close to Wedgwood and a short run from my office.

More Than One House in Five Has a Pool

Candleridge recorded 156 closed sales across three years, and 35 of them carried a pool — 22.4%.

For comparison, the rate across Tarrant, Parker, Johnson and Hood counties is 13.9%, and in neighbouring Wedgwood it is 11.5%. Candleridge runs at roughly double its immediate neighbour.

That concentration changes the appraisal problem. In most neighbourhoods a pool is the unusual feature that needs an adjustment supported from elsewhere. Here it is close to standard equipment, which means the comparable set is mostly pooled houses and the harder adjustment is often the one without a pool rather than the one with.

What a pool contributes is also persistently overestimated by owners, and the regional analysis of that is in what a pool adds to a house. The short version is that it is a fraction of installed cost, and condition, age and whether it is fenced all move the number.

The Same Size Penalty, on a Smaller Sample

Living areaSalesMedian priceMedian $/sf
1,400–1,800 sf30$270,000$169
1,800–2,400 sf68$337,500$159
2,400 sf and above50$395,000$141

The per-foot rate falls from $169 to $141 as houses get bigger — a 17% decline, the same regressive pattern as Wedgwood though less steep.

The median Candleridge house is 2,216 square feet, noticeably larger than Wedgwood’s 1,980, which is most of why the neighbourhood’s median price is higher at $330,000 despite a near-identical rate per foot of $158. The houses are not worth more per foot. There is simply more of them.

A word about sample size

156 closed sales in three years is a workable comparable pool but a thin one, and the tables on this page rest on bands of thirty to seventy sales. I would not build a value opinion on these figures alone, and neither should anyone else. They describe the shape of the market well enough to know what questions to ask on site, which is what they are for.

Build Era, and Why It Is Wider Than It Looks

Decade builtSalesMedian priceMedian $/sfMedian size
1970s93$335,000$1592,148 sf
1980s40$385,000$1612,350 sf
2000s23$289,750$1471,862 sf

The median Candleridge house was built in 1979, but the ninetieth percentile is 2001 — so this is not the single-vintage neighbourhood that Wedgwood is. There is a later cohort mixed in.

And it behaves the way later cohorts behave across this whole region: the 2000s houses carry the lowest rate per foot at $147, below both older decades, because they are smaller. The same inversion that shows up in Burleson, Crowley, Denton and Ellis shows up here on twenty-three sales.

What the Listing Data Says

Candleridge goes under contract in a median 35 days. But across 249 resolved listings, 37.3% failed, falling to 17.2% measured by address, on 1.38 listings per address.

That is the highest relisting rate of the Fort Worth neighbourhoods I have measured, and in a market that otherwise contracts in five weeks it points at the opening price rather than at demand. The six-county work on exactly that question is in what overpricing a house costs.

59.6% of sales closed with a seller-paid amount, so most of the prices visible on a portal are above what the sellers kept.

What This Means for Your Assignment

If this is an estate or a date-of-death valuation, the pool question has to be answered first, because the comparable set is mostly pooled houses and a retrospective search on a small neighbourhood cannot afford a careless adjustment either way.

If this is a divorce, size and condition carry the difference, and the pool — its age, its condition, whether it has been maintained — is usually the single most argued-about item.

If this is a tax protest, mass appraisal struggles more here than in a uniform neighbourhood, because the pool and the wider build range both introduce variance the district handles with blunt instruments.

If you are selling, your per-foot rate depends on your size more than on your street, and the pool is worth less than it cost. Both are easier to hear before the listing than after it.

Appraisal client

“Mr. Bilodeau knows the market and it’s clear. Has an eye for detail as well. Knew immediately the upgrades in my property versus competing properties.”
Craig D. Schuman · Google review

Common questions

Do you appraise homes in Candleridge?

Yes. Candleridge is in south-west Fort Worth, close to Wedgwood and a short run from my office. Assignments are one-to-four unit residential and residential land, consistent with a Texas Certified Residential credential.

What is the median home price in Candleridge?

$330,000 across 156 closed sales over three years, at a median $158 per square foot, on a median 2,216 square feet of living area and a median lot of 10,215 square feet. The tenth percentile is $250,000 and the ninetieth is $434,000. With 156 sales this is a workable comparable pool but a thin one, and no value opinion should rest on the neighbourhood figures alone.

How common are pools in Candleridge?

Unusually common. 22.4% of closed sales carried one, against 13.9% across Tarrant, Parker, Johnson and Hood counties and 11.5% in neighbouring Wedgwood. That concentration means the comparable set is mostly pooled houses, so the harder adjustment on a Candleridge assignment is often the house without one rather than the house with.

Does a pool add value in Candleridge?

It contributes, but far less than it costs to install, and the contribution depends on the pool’s age and condition rather than its existence. In a neighbourhood where more than a fifth of sales have one, a pool is closer to standard equipment than to a premium feature, which tends to compress what it adds. The regional analysis is published on this site.

How long does a house take to sell in Candleridge?

A median 35 days to contract. But 37.3% of listings failed across 249 resolved listings, falling to 17.2% measured by address on 1.38 listings per address — the highest relisting rate of the Fort Worth neighbourhoods I have measured. In a market that contracts in five weeks, that points at the opening price rather than at demand.

What does an appraisal in Candleridge cost?

It depends on the property and the assignment. I quote a written fee and a firm delivery date before any work begins, usually within one business hour, and the fee is never contingent on the value reported.

Appraising in Candleridge?

Written fee quote, typically within one business hour. Send the address and the reason you need the value — estate, divorce, tax protest, pre-listing — and I will confirm the fee and a delivery date before any work starts.

I reply with a written fee and a firm delivery date — usually within one business hour.

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