Shoppers assume that large home improvement stores like Lowe’s LOW, +1.09% and Home Depot HD, +0.97% have the best prices — and they’re often right — but not always.
“In general, the big stores that specialize in home improvement are great resources to save a lot of money on big-ticket items for the home, especially major appliances, lawn and garden equipment and home repair/remodeling products,” says Brent Shelton, a spokesperson for FatWallet.com. Plus, he adds, the salespeople have specialty knowledge, there is a large selection of home improvement items, and these stores’ seasonal prices on many items are often nearly unbeatable, even when comparing them to low-cost, big-box stores like Walmart WMT, +0.55% and Target TGT, -0.07% and online sites like Amazon AMZN, -0.52% .
