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The cost of a home remodel can be expensive. According to Home Advisor, a full home remodel, including bathrooms and kitchen, can cost about $46,700. Depending on how much square footage you're remodeling, this price could be even more than that.
While remodeling your home is never cheap, Costco members can get deep discounts through their memberships. If you're preparing for home renovations, here's how Costco can help you save.
1. Get a Shop Card with home installation services
Costco offers several home improvement services. While it doesn't perform the services itself, it can connect you with professionals who will. Plus, when you have a service done, Costco often gives you a Shop Card, typically worth a percentage of the service's cost.
To give you an idea, here are some of services it currently offers:
- Bath remodeling
- Blinds, shades, and shutters
- Cabinet refacing
- Custom closet and storage design
- Flooring and carpet
- Garage door and opener installation
- Generator installation
- Gutter installation
- Solar panel installation
- Quartz and granite installation
- Water treatment and softeners
2. Big discounts on appliances
Costco's appliances are one of the best-valued products the wholesale club has to offer. For one, its prices on appliances are usually -- but not always -- the best you'll find for that particular item. For example, you might find cheaper microwaves than what Costco sells; but for what Costco sells, you probably won't find a significantly cheaper price elsewhere.
To give you some perspective, here's how Costco's prices compare to two big appliance sellers (Best Buy and Lowe's) on some random products.
| Appliance | Costco | Best Buy | Lowe's |
|---|---|---|---|
| Samsung Refrigerator (28-cu ft with Ice Maker) | $999 | $1,149.99 | $1,149 |
| Samsung Dishwasher (39 dBA Top Control Smart with AutoRelease and Linear Wash) | $779.99 | $799.99 | $799 |
| GE Microwave (Profile 2.1 Cu. Ft. Over-the-Range Sensor in Stainless Steel) | $699.99 | $659 | $594.99 |
The last appliance on this list (the GE microwave) appears to be more expensive at Costco. But there's more than meets the eye here. Costco's price reflects delivery, installation, and haul away costs. Best Buy lists delivery and installation for an additional $169.98, plus $59.99 for haul away. If you purchase all these services, you'd pay about $825 for this microwave.
Costco offers delivery, installation, and haul away on all its appliances. Purchasing an appliance at Costco also entitles you to a two-year warranty. This perk, together with Costco's low prices, is why the wholesaler is one of the best places to buy your appliances.
3. Generous return policy
Costco's return policy is legendary: The wholesale club will let you return most major appliances within 90 days from the day you purchased them. This includes refrigerators, water heaters, washers, dryers, dishwashers, freezers, ranges, cooktops, and over-the-range microwaves. Meanwhile, Best Buy gives you 15 days to return most major appliances, while Lowe's would give you 48 hours (or 30 days if the box is unopened).
All things considered, your Costco membership entitles you to excellent discounts on home services, furniture, and appliances. While it's still important to compare prices with other retailers, having a Costco membership can open you up to big savings opportunities. Be sure to bring a good credit card for Costco, as home remodeling purchases can help you rack up some serious rewards.
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We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool has positions in and recommends Best Buy, Costco Wholesale, and JPMorgan Chase. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy.
