4 ways a Costco membership benefits first-time homebuyers
Buying your first home can bring many changes to your life. You may need to adjust your budget to account for how much you’re spending, or you may decide to make good use of your new kitchen by cooking more at home.
Another change that may come with purchasing a home is joining Costco. A basic Costco membership costs $60 per year, and an upgraded Executive membership costs $120. With our Executive membership, you’ll receive 2% cash back on Costco purchases. But no matter which membership you choose, here are a few ways you can benefit from joining Costco as a newly registered homeowner.
1. Home installation service
Do you need new blinds for your home? Looking to replace worn flooring or carpeting? Costco has you covered thanks to its variety of home installation services.
Whether you need a new air conditioning system or want to install a water softener, Costco can make the process smooth and affordable. Additionally, many of these services offer a Costco shopping card as a bonus. These are free funds you can use in-store to make any purchases you need to complete your new home, from furniture to kitchen tools.
2. Inexpensive, large-capacity cleaning products
Part of maintaining a home is keeping it clean. On that note, Costco can offer great discounts on bulk cleaning products.
For example, Clorox all-purpose cleaner costs just $0.11 per ounce online when purchased in bulk at Costco. And that means it will be much cheaper in stores. At your local supermarket you can see it for $0.17 per ounce.
Likewise, Costco makes it easy to buy paper towels in bulk for those inevitable spills or to make your home cleaning process easier. Buy in bulk online and get Bounty for just $4.57 per 100 square feet. At a typical supermarket, you can expect to pay $5.35 per 100 square feet.
3. Cheap home appliances
Costco carries a variety of home appliances, from washers and dryers to refrigerators and stoves. If you’re buying an older home with older appliances, Costco can be a good source for inexpensive replacements.
The great thing about buying appliances at Costco is that shipping and installation costs are always included in the purchase price. Costco also offers free pickup of unwanted appliances you want to replace, and includes an automatic two-year warranty with your purchase.
4. Use homeowners insurance
If you are getting a mortgage to buy a home, you will need a homeowners policy for that loan to go through. And even if you’re a cash buyer, it’s still important to have homeowners insurance. This will ensure that your property is protected if it is damaged.
One of the lesser-known Costco benefits is that your membership gives you access to affordable insurance for your home or condo. And Costco’s homeowners policy offers additional benefits like home glass repair reimbursement and lockout assistance.
If you’re a first-time homeowner, you can greatly benefit from a Costco membership. Keep these benefits in mind when deciding whether to join.
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