New homeowners toolkit: Here are the tools you’ll need to get going

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Following the path to homeownership can be exciting. About 66% of American households own their own homes, according to 2020 Census Bureau information, and each year nearly one-third of homebuyers purchase their first home. Along with the freedom of owning your own space comes a whole new set of responsibilities.

Once you've crossed the line from renting to homeownership, it's on you to keep the place up.

Many homeowners choose to take on many of these repairs themselves, and that can lead to lots of savings over time. If you don't already own or use tools, choosing the right ones can be tricky with the myriad options available. I'll break down the different types of home repairs into categories and cover basic tools that you can use to tackle home maintenance and repair projects. 

Read more: 5 ways to know you're buying an energy-efficient house