The average cost of a home warranty service contract ranges between $350 to $600 per year. The cost will vary depending on the level of coverage you choose. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and if you want to decide if a home warranty is worth it, first estimate the cost of repairing or replacing your appliances and systems, then compare that to the annual cost of a home warranty plus the service fees. When appliances like your refrigerator, water heater or air conditioning unit break down from normal wear and tear, homeowner’s insurance probably won’t cover repair or replacement. If your appliance is old enough to have passed its manufacturer warranty, you’ll be covering repair or replacement out of pocket. You can avoid this scenario by purchasing a home warranty before the problem occurs. Check out below to see this beautiful home listed for sale in Stonewater in December 2019:
18155 Peninsula Way, Northville: 5 bedrooms, 4.2 bathrooms, 4,756 sq. feet, 3 car garage, Sold Price: $1,490,000
Stonewater Home For Sale
December 2019
Home warranty companies set their own rules about which appliances they will and won’t cover, as well as how much money they’ll supply for repairs or replacements. A new AC unit might cost $4,000, but a home warranty company might only cover $2,000 of that. Most home warranty companies offer a variety of coverage plans, so shop around and find coverage based on the appliances you’re most concerned about. For more information on Stonewater, or similar Northville or Novi neighborhoods such as Fox Hollow, Maybury Park Estates and Northville Hills Golf Club, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.