FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Crow Timothy M 2. Date of Event Requiring Statement (Month/Day/Year) 02/01/2007 3. Issuer Name and Ticker or Trading Symbol HOME DEPOT INC [HD] (Last) (First) (Middle) 2455 PACES FERRY ROAD 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP - Human Resources 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) ATLANTA, GA 30339 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) $.05 Common Stock 68,031.9501 (1) D   $.05 Common Stock 1,094.4705 I By 401(k)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Options	  (2)	05/28/2012	Common Stock	50,000	$ 40.95	D	Â
Employee Stock Options	  (3)	03/18/2013	Common Stock	10,000	$ 24.55	D	Â
Employee Stock Options	  (4)	03/16/2014	Common Stock	20,000	$ 36.5	D	Â
Employee Stock Options	  (3)	03/22/2015	Common Stock	15,900	$ 37.7	D	Â
Employee Stock Options	  (3)	05/24/2015	Common Stock	15,000	$ 39.37	D	Â
Restoration Plan Stock Units	  (5)	  (5)	Common Stock	1,062.8195	$ (5)	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Crow Timothy M 2455 PACES FERRY ROAD ATLANTA, GA 30339	Â	Â	  EVP - Human Resources	Â

Signatures

/s/ Timothy M. Crow		02/09/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Includes 781.9501 shares held under Employee Stock Purchase Plan.
(2)	The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan. 37,500 of the options are currently exercisable and 12,500 options become exercisable on 05/29/2007.
(3)	The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan and vest in 25% increments beginning year 2 of the grant date.
(4)	The stock options were issued under The Home Depot, Inc. 1997 Omnibus Stock Incentive Plan. 5,000 of the options are currently exercisable and 5,000 options become exercisable on 03/17/2007, 03/17/2008 and 03/17/2009.
(5)	The restoration plan stock units were acquired under The Home Depot FutureBuilder Restoration Plan and convert to shares of common stock on a one-for-one basis upon a distribution event under the terms of the Plan.

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