We are an independent, advertising-supported comparison service. Our
goal is to help you make smarter financial decisions by providing you
with interactive tools and financial calculators, publishing original
and objective content, by enabling you to conduct research and compare
information for free - so that you can make financial decisions with
confidence.
Bankrate has partnerships with issuers including, but not limited to,
American Express, Bank of America, Capital One, Chase, Citi and
Discover.
How We Make Money
The offers that appear on this site are from companies that compensate us. This compensation may
impact how and where products appear on this site, including, for example, the order in which
they may appear within the listing categories, except where prohibited by law for our mortgage,
home equity and other home lending products. But this compensation does not influence the
information we publish, or the reviews that you see on this site. We do not include the universe
of companies or financial offers that may be available to you.
The DIY home toolkit: essential equipment for repair and remodeling projects
Lara Vukelich is a freelance writer who has written for Bankrate, Huffington Post and Quiet Revolution to Expedia, Travelocity, and MyMove. She is based in San Diego, California.
Troy Segal is a senior editor for Bankrate. She edits stories about mortgages and home equity, along with the finer financial points of owning and maintaining a home.
Bankrate is always editorially independent.
While we adhere to strict
,
this post may contain references to products from our partners. Here's an explanation for
.
Our
is to ensure everything we publish is objective, accurate and trustworthy.
The Bankrate promise
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices.
We’ve maintained this reputation for over four decades by demystifying the financial decision-making
process and giving people confidence in which actions to take next.
Bankrate follows a strict editorial policy,
so you can trust that we’re putting your interests first. All of our content is authored by
highly qualified professionals and edited by
subject matter experts,
who ensure everything we publish is objective, accurate and trustworthy.
Our banking reporters and editors focus on the points consumers care about most — the best banks, latest rates, different
types of accounts, money-saving tips and more — so you can feel confident as you’re managing your money.
Editorial integrity
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first.
Our award-winning editors and reporters create honest and accurate content to help you make the right
financial decisions.
Key Principles
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have
editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial
content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and
our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Editorial Independence
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you
make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced
by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked
to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and
dependable information.
How we make money
You have money questions. Bankrate has answers. Our experts have been helping you master
your money for over four decades.
We continually strive to provide consumers with the expert advice and tools needed to
succeed throughout life’s financial journey.
Bankrate follows a strict
editorial policy,
so you can trust that our content is honest and accurate. Our award-winning editors and
reporters create honest and accurate content to help you make the right financial
decisions. The content created by our editorial
staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and
useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison
service. We are compensated in exchange for placement of sponsored products and
services, or by you clicking on certain links posted on our site. Therefore,
this compensation may impact how, where and in what order products appear within
listing categories, except where prohibited by law for our mortgage, home equity
and other home lending products. Other factors, such as our own proprietary
website rules and whether a product is offered in your area or at your
self-selected credit score range, can also impact how and where products appear
on this site. While we strive to provide a wide range of offers, Bankrate does not
include information about every financial or credit product or service.
DragonImages/Getty Images
Labor costs are usually a pricey — sometimes even the priciest — part of a home improvement project. They’re the reason many people decide to go the DIY route when it comes to renovation or repair jobs.
Unfortunately, many novice DIYers embark on projects without the proper tools, and having to to rent or buy equipment at the last minute can be a real budget-buster, mitigating the money-saving aspect of the whole endeavor.
If you plan on completing more than one project around your home, buying your own gear ahead of time is just the smart move. While assembling a collection of power and specialized tools is a bit of an investment, it’s cost-effective in the long run.
Here are 9 essential items for DIYers to have in their home tool kit — likely to be useful in a multitude of remodeling projects and repair jobs.
1. Basic toolbox
Jonathan Kitchen/Getty ImagesBefore you embark on any DIY project, you want to make sure you have the basics on hand. We’re talking screwdrivers (Phillips-head and flat), a hammer, screws, nails, wrenches, a set of pliers and measuring tape. You’ll also want a level on hand; this ruler-like tool, with a bubble inside a liquid-filled vial, helpsmake sure you’re cutting and hanging materials in a straight line. Most home improvement stores carry multi-piece toolbox kits containing these basics, all pre-assembled for you.
Price range: You can get a case of basic tool essentials for $20-$30.
2. Workbench
Omar Osman / EyeEm/Getty ImagesA dedicated workbench is more useful than you might realize. That card table you’ve been working from won’t be sturdy enough for use with many of your power tools or large enough to provide a stable base for clamps. Many workbenches can be converted to a sawhorse, and they may even have steel grooves that can fit a circular saw.
Price range: The cost of a workbench tends to fall between $120-$1,000.
3. Circular saw
PickStock/Getty ImagesA hand-held circular saw is vital for fast, efficient cutting. It allows you to cut through a piece of wood — or concrete, metal, or plastic — all the way, or score it part way through. You will find a circular saw invaluable if you ever want to make furniture from scratch or cut boards to size for flooring or framework.
Price range: Most circular saws run between $100-$400.
4. Jigsaw
Coprid/Getty ImagesEquipped with a smaller blade than other handheld saws, jigsaws cut with more precision, so one comes in handy when you have a very detailed vision for a woodworking project. For instance, you might use a jigsaw to create a curved shape along the edge of a wood shelf or to cut a shape out of the middle of a headboard.
Price range: Most jigsaws cost between $70-$250, but some models can cost more than $500.
5. Clamps
Robert Lowdon/Getty ImagesProfessional clamps are absolutely essential for any project that requires a circular saw or jigsaw: You’ll need to secure wooden planks to your workbench before you begin cutting anything. G- or C-clamps and bar clamps, the most common types, also come in handy when you want to create holes in a piece of wood, metal, or plastic as a part of a DIY project.
Price range: Clamps run about $10 to $40 and may come in sets.
6. Orbital sander
Nigel Stripe/Getty ImagesSanding something by hand can take hours and make an arm so sore you can’t even lift a fork. Relieve the stress with an orbital sander, a round handheld device that rotates and oscillates prefabricated sandpaper disks; you can change out the sandpaper you’re using depending on your project needs. You’ll use an orbital sander on everything from resurfacing kitchen cabinets to finishing crown molding to smoothing down floors so you can re-stain them.
Price range: Sanders start at about $140 but can cost upwards of $1,200 on the high end.
7. Cordless screwdriver
_LeS_/Getty ImagesWhile you’ve got a good old’ manual screwdriver in the basic toolbox, it’s not redundant to possess its power cousin too. Running on batteries, a cordless screwdriver uses short bursts of power and rotational force to install screws and tighten them into place much faster than you could on your own. Light and portable, it can fit into tight spaces, providing a clear view of the screw without your hand getting in the way. And it saves a lot of wear and tear on the wrist — as anyone who’s done a job that involves twisting a lot of screws can tell you. Cordless power screwdrivers excel at tightening hinges, hanging pictures or removing outlet covers. However, if you are framing a deck, building a big piece of furniture, or doing any other task that involves fastening large pieces of timber or metal, you might want to bump up your game with an actual power drill (a high-speed way to drive bolts and screws into place) or an impact driver, which relies on a heavy amount of torque to efficiently handle large fasteners (especially hex-headed screws).
Price range: Cordless screwdrivers generally range from $25-70. Most drills and impact drivers will set you back $100-$200.
8. Stud finder
grajte/Getty ImagesWhen your DIY duties involve hanging something on a wall, you should definitely have a stud finder in your home tool kit. This tool helps you locate the framing studs (support beams) behind your drywall — which is crucial for mounting a picture, mirror, bookshelf or television; such heavy objects need to be hung directly into a beam, as drywall may not be strong enough to support them permanently. Resembling a remote control, contemporary electronic stud finders use sensors to locate not just studs, but cords, wires and metal pipes.
Price range: You can find many stud finders for under $20.
9. Nail gun
DonNichols/Getty ImagesYou will have a much easier time nailing together two pieces of wood when you use a nail gun, aka a nailer. True to its name, this tool shoots out nails with the pull of a trigger, quickly and precisely. It’s ideal for projects like installing baseboard near your floorboards, attaching shoe molding to the middle of the wall, or when creating a softwood bookcase.
Price range: The average cost of a nail gun runs about $30-$200.
Quick citation guide
Select a citation to automatically copy to clipboard.
APA:
Vukelich, L. (2022, June 03). The DIY home toolkit: essential equipment for repair and remodeling projects. Bankrate. Retrieved March 13, 2025, from https://www.bankrate.com/homeownership/diy-home-toolkit/
Copied to clipboard!
MLA:
Vukelich, Lara. "The DIY home toolkit: essential equipment for repair and remodeling projects." Bankrate. 03 June 2022, https://www.bankrate.com/homeownership/diy-home-toolkit/.
Copied to clipboard!
Chicago:
Vukelich, Lara. "The DIY home toolkit: essential equipment for repair and remodeling projects." Bankrate. June 03, 2022. https://www.bankrate.com/homeownership/diy-home-toolkit/.