Do You Need a Home Warranty?

Is a home warranty worth it—or just another expense during your real estate journey? If you're buying or selling a home in Loomis, CA, this question deserves real consideration. With unique market dynamics and high-value properties in play, understanding how a home warranty fits into the equation could save you time, money, and stress.

A home warranty is a service contract that covers the repair or replacement of major home systems and appliances due to normal wear and tear. It’s important not to confuse it with homeowners insurance, which protects against unforeseen events like fire or theft. A home warranty typically covers items like HVAC systems, water heaters, electrical panels, kitchen appliances, and sometimes plumbing.

This kind of coverage can be especially useful for those navigating the Loomis real estate market. Many homes in the area blend historic charm with modern updates, which means older systems might coexist with newer appliances. That mix can be tricky, and a warranty can help bridge the gap.

Loomis is known for its custom estates, country-style properties, and larger parcels of land—often with homes that have been standing for decades. While these properties boast character and craftsmanship, they may also have older systems that are due for maintenance or replacement.

In this context, a home warranty becomes more than just a financial question—it’s about peace of mind. Buyers purchasing older properties may find comfort in knowing that unexpected repair costs are mitigated, especially in the first year of ownership.

Sellers can benefit from offering a home warranty as part of their listing strategy. It can increase buyer confidence and help listings stand out in the competitive Loomis real estate market. If a buyer knows certain systems are covered for their first year in the home, they may feel more inclined to proceed with the purchase.

Additionally, if something breaks while the home is under contract, a warranty can cover the repair—potentially avoiding negotiation headaches and price reductions.

Properties in Loomis often feature well water systems, septic tanks, outdoor kitchens, or custom HVAC units due to the region’s rural setting and luxury appeal. These aren’t always covered under standard homeowners insurance policies but may be add-ons under a more comprehensive home warranty plan.

So, do you need a home warranty? In Loomis, where unique property features are common, a warranty tailored to your home’s specific needs can provide meaningful protection.

Home warranties in Loomis typically cost between $300 and $600 per year for basic plans and $600 to $1,200 per year for more premium plans. Service call fees—what you pay each time a technician visits your property—usually range from $75 to $125.

While these numbers might seem modest, the value becomes clear when you consider the cost of replacing a broken HVAC system or fixing a leaky water heater—repairs that can run well into the thousands. For Loomis buyers spending $1M+ on a home, this type of coverage is a small investment that can protect a much larger one.

That said, not all warranties are created equal. It’s crucial to read the fine print and understand what is and isn’t covered. Some policies exclude pre-existing conditions or impose caps on repair payouts.

Let’s say a buyer moves into a ranch-style home with a charming but aging kitchen. Two months in, the dishwasher breaks. Without a warranty, they’re footing the bill—plus time spent finding a reliable repair service. With a home warranty? A call to the provider could result in a same-week fix or replacement at a much lower cost.

This scenario isn’t uncommon in Loomis, where many homes mix modern amenities with older components. While the curb appeal is undeniable, hidden costs can lurk beneath the surface. A home warranty can act as a buffer while buyers get to know their new property.

Of course, not every buyer or seller will benefit from a warranty. New construction homes, or homes that have undergone recent major renovations, may already be protected by builder warranties or manufacturer guarantees. In such cases, paying for an additional warranty might offer redundant coverage.

Similarly, savvy homeowners who prefer to self-insure—setting aside savings for potential repairs—may decide a warranty isn’t the right choice for them. However, even these buyers may reconsider if they're moving into an unfamiliar market like Loomis, where repair costs can vary, and trusted service providers may take time to vet.

If you're buying or selling a home in Loomis and think a home warranty might make sense, the next step is finding a reputable provider. Look for companies with:

The answer to this question largely depends on your situation, but in Loomis, it's often worth a second look. For buyers, it can offer cost protection and reduce stress during the critical first year of homeownership. For sellers, it can make listings more appealing and help deals close more smoothly.

In a market like Loomis—where properties are distinctive and home systems vary widely—a tailored approach is key. Whether you're purchasing a historic farmhouse or selling a modern estate, understanding your home's systems and warranty options will help you make the most informed decision possible.

If you're considering a home warranty or simply want guidance on buying or selling in Loomis, reach out to the trusted experts at Kim Knotts + Co. With local knowledge and a commitment to clear, confident real estate advice, they're ready to help you make smart, well-informed decisions every step of the way.