What are the basic power tools every homeowner should own?

Question:

I don't have any tools at home except for a few screwdrivers and hammers etc... I'd like to go out and buy at least the basics for minor repairs around the house also projects and hobbies. What brands are best? Can I get a kit or combo of power tools for a good price? Any help would be appreciated. Thank you!!

Answer:

1. 3/8 inch power drill and a good set of titanium coated drills (inexpensive). They will drill into most any home building material.
2. A set of screw driver bits to go with the drill.
3. A set of punches. (for starting holes in metal).
4. An assortment package of screws.
5. An assortment package of bolts and nuts.
6. A pair or set of channel lock pliers.
7. A set of vice locks. (usually 3 sizes in a pack and inexpensive at Walmart).

Home Depot has several combos they are marketing now as well as Lowe's and Sears (Craftsman).

I personally have five heavy duty pieces (Ryobi). Drill Press, Compound Saw, medium sized router and table, and a 71/2 inch power hand saw. I bought these a couple years ago for $99.00 each on the big pieces. The 3/8 inch drill was about $40.00.