In this Realtor’s opinion – yes! I am an Oakwood, Ohio resident where most of the homes are around 60 years old. With older homes the mechanicals and appliances in the homes can fail. I negotiated that the seller pay for a home warranty (average price $450) for our home which covers mechanical breakdowns due to normal wear and tear of the major systems and appliances. After living in our home for only a month the air conditioner stopped working and it was a humid July! After contacting the home warranty company and paying a $50 service fee, the technician who was sent to the home determined the air conditioner was beyond repair. The home warranty company replaced the air conditioner! The average price of an air conditioner is $3000 – $6000 installed! If you don’t at least purchase home warranty insurance for yourself, then you could be gambling thousands of dollars!