Every homeowner should have a basic set of tools to handle common repairs and maintenance tasks. Key items include a hammer, tape measure, screwdrivers (both flathead and Phillips), pliers, a wrench set, a utility knife, and a level. A power drill with a variety of drill bits is essential for quick fixes, as well as a set of nails, screws, and anchors. You should also have a step ladder, duct tape, plunger, and a flashlight for emergencies. A toolbox or storage bag to keep everything organized is also recommended.