Marketing

Having a Costco nearby boosts home value for some

Adobe Stock

October 8, 2026

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If there's a Costco near your home and you live in a very populated area the property value is likely to be higher than homes not near a Costco location.

That's a top finding from a Vancouver School of Economics study that tracked Costco openings between 2002 and 2020 and investigated how other retail locations can affect a home's value.

"Costco openings caused a 7.9% increase in property values within 5 miles in counties with above-average population density, and a 5.2% increase within 5 miles in counties with above-average household income 2.5 years following store openings," wrote Silas Kwok on the university's website regarding the study.