Household Tool Inventory, typical?

admin

Hey all,In the process of cleaning my garage I found a way to procrastinate by performing a tool inventory. Does YOUR household tool inventory look like mine? I'm not ready to show photos yet so I have a list below. I know that even 10 years ago my inventory is not nearly the same as it is now and wouldn't expect yours to be similar but it might be interesting to see other people's tool inventory. My inventory below represents an accumulation of 30 plus years and does not include lawn and garden tools. http://kcwelder.com/graphics/tools.jpgAnd it's also interesting to see how much we all spend on tools... I am sure the pros spend much more money than I have. ============================================TOOL INVENTORYTOTAL COST: $7,447description,yr acquired,approx costPOWER TOOLS$2,074 battery charger, 10amp, Sears,1979,$30buffer, polisher 7" Craftsman,2008,$40 buffer, polisher, sander, 7" HF,2009$30 chain saw, 15"", w/case, Stihl,1979,$160 Dremel 300, variable speed,2009,$50 drill, 3/8" corded,1971,$30 drill, 3/8" corded, Craftsman,1985,$40 drill, 3/8" 14.4v, VSR, B&D,2004,$80 generator, 5kw, 13HP, KingCraft,2006,$400 glue gun, hot, Craftsman,2007,$30 grinder, angle 4.5", Skil,2007,$45 grinder, angle 4.5", HF,2009,$20 grinder, bench, 6", Craftsman,1985,$60 heat gun1985,$30 pressure washer, 1850 psi, electric,2007,$90 router, 1.5HP, Craftsman1985,$60 sander, palm, KingCraft,2006,$30 sander, flat, B&D,1973,$25 sander, belt, Craftsman,1985,$60 sander, detail, Ryobi,2009,$30 sander, corner, KingCraft,2009,$14 saw, jig, Craftsman,1985,$50 saw, reciprocating, KingCraft2006,$40 saw, circular, 7.25", B&D,1971,$30 saw, circular, 7.25", worm drive, DeWalt2000-08,$95 staple gun, electricm2009$30 welder, arc, Miller Thunderbolt XL ac-dc"2009,$475 AIR TOOLS$897 air compressor, 4HP, 60gal, Campbell Hausfeld,2009,$539 air hose, 3/8"", 50', Porter-Cable,2009,$35 air filter, w/regulator, Milton,2009,$99 couplers, assorted,2009,$50 cutter, 3", Central Pneumatic,2009,$10 cutter, 3", used, Central Pneumatic,2009,$5 grinder, die, used, Central Pneumatic,2009,$10 grinder, die, angle, Central Pneumatic,2009,$10 grinder, 4" angle, Central Pneumatic,2009,$24 impact wrench, 1/2", used, Central Pneumatic,2009,$25 paint guns, HVLP, Central Pneumatic,2009,$70 sander, 6" DA, Central Pneumatic,2009,$20 HAND TOOLS$1,612 allen wrench set (13), hex, SAE, Titan,2009,$9 allen wrench set (9), hex, metric, Titan,2009,$9 axe, w/sledge, wood splitting,1979,$30 body shop tool set, assorted,2008,$30 bolt cutter2008,$75 breaker bar, 1/2", Craftsman,1996,$20 breaker bar, extension pipe"2007,$2 "C" clamps, assorted,2006,$20 "C" clamps (3), 5-inch,2009,$15 chisels, metal, assorted,2009,$35 chisels, wood, assorted,2009,$25 clamps, Vice Grip, assorted,2008,$60 crow bars, assorted,2008,$50 DREMEL, attachment set,2009,$30 drill bits, wood, Irwin,2006,$30 drill bits, general, Dewalt,2006,$30 drill bits, Forstner, Peachtree,2008$20 driver bits, drill, assorted"2007,$5 driver, speed,2009,$10 dykes, assorted,1984,$20 extension handle, paint roller,2006,$10 extensions, socket, assorted,1986,$30 files, assorted,1996,$30 hammer, ball peen (2),2009,$25 hammer, claw (5),2002,$50 hammer, sheet rock, 22oz., Estwing,2009,$30 hammer, sledge, 32oz,2007,$30 mallet, rubber,2008,$5 nut driver set,1996,$40 oil filter socket (2),2007,$18 plane, hand, assorted,2008,$35 pliers (4), channel lock, assorted,2009,$40 pliers (3), needle nose,1986,$20 putty knife, assorted,2008,$5 ratchets, assorted, 1/4", 3/8", 1/2",1986,$75 rasp2006,$10 rivet gun, Stanley,2009,$23 saw, hack (2),2002,$20 saw, narrow blade,2001,$10 saw, miter (2),2009,$10 saw, hand,1991,$25 scraper (3)       2009,       $15 screwdrivers, slotted, assorted,1983,$40 screwdrivers, Phillips, assorted,1982,$40 screwdrivers, splined, set,1996,$30 shears (2), scissors type, metal,2009,$10 socket set, SAE, 3/8 drive, Craftsman,1986,$25 socket set, metric, 3/8 drive, Craftsman,1986,$25 socket set, impact, SAE, Pittsburg,2009,$25 soldering iron, 20w,2009,$15 soldering iron, 40w,2009,$30 soldering gun, Weller,1986,$30 soldering iron, sucker type,1986,$20 vise, 5-inch, KingCraft,2006,$15 vise, 3-inch, Wilton,2009,$18 wedge, wood splitter,1979,$10 wire brushes, hand, assorted,2009,$10 wire brushes, power tool, assorted,2008,$10 wire crimper1993,$8 wire strippers, large,2007,$20 wire strippers, small (2),2007,$20 wrench (2), Crescent,2009,$30 wrench (2), rubber strap, Am Pro,2007,$20 wrench set, combination, SAE, Craftsman,1986,$40 wrench set, combination, metric, Craftsman,1986,$40 MISCELLANEOUS$1,589 tool chest, rolling, machinist, Craftsman,1983,$170 tool chest, top mount, machinist, Craftsman,1983,$150 tool case, leather, electronics,1986,$0 tool box, metal, medium, Craftsman,1981,$30 box cutter (3),1986,$15 brake, metal, 2009,$50brush, tooth (3),$0 cart, utility, welder, KC Welder,2009,$70 code reader, OBD II, Cen-Tek,2009,$40 creeper,2006,$35 electrolysis kit, bucket, electrode,2009,$9 extension cord, 25', 12ga,2009,$30 extension cord (2), 50', 14ga,1994,$80 extension cord, 10', generator-welder,2008,$35 extension cord, 25', generator-house,2009,$50 flash light (4),2009,$30 flash light (2), LED,2009,$14 funnel, (3) plastic,2007,$10 glasses, safety, AO Safety,2009,$8 googles, safety (3) AO Safety,2009,$16 hose, rubber, pneumatic testing (2),1987,$0 jack, hydraulic, floor, 2-ton,2007,$20 jack stands (2),2007,$10 jumper cables, 10', car battery,2000,$30 knife, 5", inherited, Grandpa's,1985,$0 level, bullet (2),2009,$15 level, 16" (2),2009,$5 level, 48",1986,$60 light, shop, incandesc,2002,$15 light, shop, w/ext cord, incandesc,1988,$20 light (3), 250w, shop, Halogen, portable,2008,$16 light, 1000w, shop, dual Halogen, stand,2008,$30 magnet, corner (2), welding,2009,$20 magnet, remote pickup,2007,$5 mask, full-face, AO Safety,2009,$32 mask, welding, auto-dim, Radner,2009,$70 multimeters (3), Cen-Tek,2009,$10 oil change reservoir (2)2001,$20 paint brushes, assorted,2007,$25 paint roller,2003,$5 paint pan,2003,$5 ramps, car, oil change (2),1996,$30 ruler (2), 12", metal,2009,$5 saw blades, wood, 7 1/4", assorted, Irwin,2008,$30 saw blades, recipricating, assorted,2007,$15 shop rags, red,2009,$10 shop vacuum, Craftsman,1985,$40 shrinking disk, Ebay,2008,$35 speed square,2009,$5 stand, grinder, Clarke,2008,$30 stool, shop, 26", GRIP,2009,$12 strap, elastic (3),2009,$12 T-square, large,1985,$40 T-square, small,2009,$15 tape measure (2), 25', Stanley,1983,$60 tape measure, 100', Lufkin,1979,$30 tape measure, 25', plastic, MetalbytheFoot,2009,$0 tire pressure gauges (2),2008,$15 CONSUMABLES$818 electrode, 1/16", Quick Strike, 5lbs,2009,$40 electrode, 6011, 3/32", Radner, 5lbs,2009,$8 electrode, 6011, 1/8", Hobart, 5lbs,2009,$8 electrode, 6013, 3/32", Lincoln, 5lbs,2009,$8 electrode, 7018, 3/32", Radner, 5lbs,2009,$8 sand paper, sheet, 60 grit, 3M,2008,$6 sand paper, sheet, 100 grit, 3M,2008,$6 sand paper, sheet, 150 grit, 3M,2008,$6 sand paper, sheet, 220 grit, 3M,2008,$6 sand paper, sheet, 400 grit, wet or dry, 3M,2008,$6 sand paper, sheet, 600 grit, wet or dry, 3M,2008,$6 sand paper, sheet, 800 grit, wet or dry, 3M,2008,$6 sanding disk, 6", 80 grit, qty 50,2009,$20 sanding disk, 6", 180 grit, qty 50,2009,$20 sanding disk, 6", 320 grit, qty 50,2009,$20 sanding disk, 7", assorted, HF,2009,$20 sanding sheet (10), detail, 60grit, Norton,2009,$8 sanding sheet (10), detail, 100grit, Norton,2009,$8 sanding sheet (10), detail, 150grit, Norton,2009,$8 flap disks, grinder, assorted,2009,$50 cutting disks, 3",2009,$20 cutting disks, 4",2009,$20 grinding disks, 4",2009,$20 sanding belts (8), 3"x21", 120 grit, Sears,2008,$25 batteries, AAA,2008,$8 batteries, AA,2009,$7 batteries, C,2008,$6 batteries, D,2009,$12 batteries, 9-volt,2008,$5 body filler, Bondo, qt, 2008,$15 bonnets, polishing,2009,$20 cable ties, assorted,2009,$15 cheese cloth,$2 cleaner, acetone, gal,2009,$30 cleaner, alcohol, denatured, gal,2009,$15 cleaner, brush, qt,2006,$7 cleaner, hand, Goop (2),2009,$4 cleaner, lacquer thinner, gal,2009,$20 cleaner, Zep,2009,$0 cover-alls, paint,2009,$8 filter, air, shop vacuum, Craftsman,2009,$19 gloves, Nitril, 100-pk,2009,$10 gloves, latex,2009,$10 gloves, leather, assorted,2009,$40 glue, Gorilla,2009,$9 glue gun sticks,2008,$21 lamp, replacement, halogen, 250w,2008,$5 lamp, replacement, halogen, 500w,2008,$5 marker, black, Sharpie (5),2009,$10 masks, particle,2009,$10 oil, 3in1,$4 oil, air tool,2009,$5 oil, cutting,2009,$8 oil and water separator, airtool, Mechanics,2009,$15 paint, black, enamel, Krylon,2009,$5 paint, yellow, enamel, Krylon,2009,$5 paint roller pan (2),2003,$6 paint roller pan inserts, plastic,2004,$10 polyurethane, Minwax,2008,$15 primer paint, self-etching, Mar-Hyde,2009,$17 primer paint, filler, Dupli-Color,2009,$10 rivets,2009,$10 shoe covers, Ez-One,2009,$5 stain, wood, oak, Minwax,2008,$7 staples, for staple gun,2010,$11 tape, masking, 1", blue, Scotch,2009,$4 tape, masking, 2",2005,$5 WD-40 (3), spray can,2009,$10 ELECTRICAL SUPPLIES$271alligator clips, assorted,1980,$10 light fixture (7), T8, fluorescent,2009,$90 outlet, 120v,1984,$6 outlet cover, 1984,$2 round eye lug, crimp,1984,$5 solder, several rolls,2008,$20 spade lug, crimp,1984,$5 switch cover (10),1985,$13 tape, electrical (2),2009,$5 wire nuts, assorted,2008,$15 wire, household, 250',14ga-2, w/ground, Romex,2008,$40 wire, household, 100', 10ga-2, w/ground Romex,2009,$60 HARDWARE$136 anchors, screw, assorted, $5assorted bag of screws, nuts and washers,$0 assorted case of lg screws, nuts and washers,$40 cabinet, yellow, small,1982,$18 caddy, assorted screws, washers, nuts, etc,2007,$18 cotter pins, 1",2009,$3 screw, sheet metal, panhead 5/8"x8"2009,$5 screw, machine, Phillips, 1/4"-20x3/4",2009,$5 screw, wood, slotted, #10x1",2009,$6 screw, wood, Phillips, #8x1"-1/4",2009,$6 screw, hex head, self-tapping, (25) #14, 1"-1/4",2009,$4 nut, machine screw, 1/4""-20,2009,$4 washer, flat, 1/4",2009,$6 washer, flat, 1/2",2009,$4 washer, lock, 1/4",2009,$6 washer, lock, 1/2",2009,$6 Attached ImagesLast edited by rookie_steve; 06-17-2009 at 11:51 PM.JunkYard Tools .com
Reply:Kudos for the through list. Some numbers seem low to me personally. I hope you took picts and listed serial numbers for insurance purposes since you did a dam fine job making a list.Why the F do you still have straight slotted screws?!!   I bet I go to almost $1K in nails and screws alone, let alone misc nuts and bolts.At least $500 in Tapcons and concrete anchors.Probably $1K in scrap steel/shorts.Air tools looks close, but my compressors would push $2K easy by themselves.Welders, torches $6K+Hand tools $6-8K+
Reply:Originally Posted by DSWKudos for the through list. Some numbers seem low to me personally. I hope you took picts and listed serial numbers for insurance purposes since you did a dam fine job making a list.
Reply:Originally Posted by rookie_steveHe-he, yup I thought about "insurance" but there is ALWAYS someone around not to mention an excellent alarm system, cameras and other surprises. But thanks for checking.
Reply:Originally Posted by DSWHmm.. Fire perhaps? Tornado or storm damage? Didn't cost me much to tack on a few thou to my insurance policy to cover my personal tools, ...Thats a no brainer!
Reply:Yup, insurance AND PICS is a must.CD in safety deposit boxAnd if you're lucky, remember hurricane Reta, you might get back ten cents on the dollarI love insurance doods.  A mark of a good insurance rep is being to tell you within a millisecond what's not covered.Kinda like throwin money away in the stock market."Any day above ground is a good day"http://www.farmersamm.com/
Reply:When's the garage sale?
Reply:Originally Posted by denrepWhen's the garage sale?
Reply:At my age, I'm thinkin' how the next owner will enjoy my stuff after he/she picks it up at the estate sale."Any day above ground is a good day"http://www.farmersamm.com/
Reply:Originally Posted by rookie_steveHa-ha! Your excellent avatar reflects your point of view perfectly! Steve
Reply:Wow, when I procrastinate I just sit around and read the paper or something. That's a heck of a list - must have taken ages.Yeah, I carry.House keys, wallet, some change, usually a newspaper, maybe a pen.
Reply:You've been in my Garage?Miller 140 w A/SHF Flux Core WelderDewalt Chop SawSmith O/A TorchHarley Electra Glide Classic
Reply:I had to give an itemized list for ins when i bought my house was surprised when it came in at around $20 000 thats over the counter costs for full replacement even tho I bought alot used (like90%).
Reply:I envy you guys so much.My Babies: HF Drill pressHF Pipe Bender3   4.5" Black and Decker angle grindersLincoln Electric PROMIG 175that´s it!
Reply:Household Tool Inventory3 or 4 flat tip screw drivers2 or 3 phillip's screw driversClaw hammer (east wing)nail bag with some nails in it and maybe even some screws1 knackered tape measure1 level same as above.And I think there might be a $20 drill about that still works.I leave the tools at work for work.  Have the bloody thing's at home and these bums come around wanting 'little' jobs done all the time.I'd rather be hunting........USE ENOUGH HEAT.......Drifting around Aussie welding more pipe up, for something different.....wanting to get home.
Reply:Ugh. I've been needing to do what you've done since Jan. for insurance and taxes. I'm not looking forward to that job because it entails cleaning my basement. It will be a multiple day job. Replacement values, off the top of my head.welders- $10kequipment-$10kgas bottles $1.2k blacksmith equipment $1.5kpower tools $8k hand tools $20kcompressors $3kBeen collecting a little here, a little there for several (maybe more than several) years. Now that I started my shop in January, it all gets "sold" to the business. So technically it is a household list, just not your typical household. Don't ask about my toy&parts collection. Every car I own (4 right now) seems to bring its own entourage of extra pieces. I think I have enough 65 Falcon parts to build two complete drive trains. ( I can't decide which to build the Cleveland for nostalgia's sake, or cheap out and use the Windsor, or prepare for future socialist gas prices and build it back to stock I6 with 3 on the tree.)Last edited by app-ironworksllc; 07-01-2009 at 11:27 AM.Brian LeonardAppalachian Ironworks L.L.C.434 Long Branch Rd, Marshall, NC 28753828 649 9966828 702 [email protected]
Reply:You would be very smart to get an Inland Marine insurance policy on your tools.  I have one that covers my tools if they are stolen at my property, on my truck or on the job site, with a $100 deductable, up to $30,000.  Cost about $45/month.  Inland Marine is a type of policy, not a brand name of insurance company and it has nothing to do with boats or water.  It's just what the industry calls this type of policy.I got this policy on the advice of some of the members here and my insurance agent, after the last time my truck was broken into and the Suitcase VS feeder was stolen.   My home owners policy covered the feeder but only paid $1000, about half of what it cost to replace it.  The Inland Marine policy will pay for full replacement cost, minus the $100 dedcutable.Last edited by DesertRider33; 07-01-2009 at 02:32 PM.MM350P/Python/Q300MM175/Q300DialarcHFHTP MIG200PowCon300SMHypertherm380ThermalArc185Purox oaF350CrewCab4x4LoadNGo utilitybedBobcat250XMT304/Optima/SpoolmaticSuitcase12RC/Q300Suitcase8RC/Q400Passport/Q300Smith op
Reply:Originally Posted by DesertRider33You would be very smart to get an Inland Marine insurance policy on your tools.  .....
Reply:The largest wedge in that pie chart should actually be labeled "Time",because you apparently have alot of it. Yup
Reply:Originally Posted by app-ironworksllc. . . Replacement values, off the top of my head.welders- $10kequipment-$10kgas bottles $1.2k blacksmith equipment $1.5kpower tools $8k hand tools $20kcompressors $3k . . .
Reply:Originally Posted by app-ironworksllcI am really looking forward to going over this with my accountant. Since I personally bought all this stuff over the years it will get "sold" to the business, which essentially on paper assumes the debt to me for the value. Then It gets called capital investments which have some decent tax breaks right now because of the stimulus crap.
Reply:In my one insurance experience with tool coverage I found out that you don't get what the tool originally cost to replace it. The insurance company said they were used and not worth what they originally cost and paid me a depreciated amount for each tool. I got around 50% of the original cost, even on some that were almost new. The insurance company got some input about my thoughts on their business practices which made absolutely no difference to them. I also quit making anymore payments on my policy as soon as I received their check. Most insurance companies rank right up there with lawyers and politicians for ethical conduct in my book. The Hartford seems to be an exception. I had a very large claim a few years ago for storm damage both to my home and a truck. They paid off with no problems. Didn't short me on any of the coverage. I also check cost of coverage regularly with other companies. I can't find anyone that comes close to their prices in my area.
Reply:Originally Posted by BoostinjdmI been wondering how that type of transaction works.  Right now all of my tools are personal items, but I am thinking that sometime in the future I should "sell" them to the business.  Either that or maybe rent them to the business...INS. Rant... i agree but sometimes it's a necessary evil... Rant over....
Reply:Originally Posted by app-ironworksllcAnother point my accountant told me was my business could assume the debt call it a loan. . .
Reply:Howdy All   If  i were to make a list of all my tools and hardware there is no way they will fit in my shop,so rather than put a tear in the fabric of that time/space conundrum ill crack another MGD and let it Be.            Felon Caution lurker lives here" hmmm That is serious,pass the ganja and pick up a  24 of MGD"Originally Posted by Felonyass MonkHowdy All   If  i were to make a list of all my tools and hardware there is no way they will fit in my shop,so rather than put a tear in the fabric of that time/space conundrum ill crack another MGD and let it Be.            Felon
Reply:Originally Posted by denrepIf I take a loss, I'd just as soon know immediately where I'm at, so I can move on with a recovery plan; hopefully starting with saved premium dollars.
Reply:Originally Posted by cirviscuGood post. I appreciate it
Reply:Originally Posted by denrepNo problem. An insurance adjuster can turn all that into $2500 with the stroke of a pen.
Reply:Originally Posted by rookie_steve. . . I wouldn't hesitate to call the insurance company on their mistaken value -- in today's dollars. In other words, if a tool that cost $10 thirty years ago is now $30 and the old tool is as good or likely better than the new one I would yell loudly about undervaluing it. Might even threaten to meet them in court about it. After all, that's what courts are for -- right?Stand your ground!
Reply:Originally Posted by denrepQuicksand is not worth fighting for!
Reply:I had a toolbox stolen out of my vehicle.  We had just come home from a snow skiing trip and got in about 2:00 AM, we were too tired to unload the Suburban.  The thieves got tools, a camera w/ lenses, a case of CDs, ski outfits, etc.  The only thing they left were the skis.Our insurance company (Farmer's) covered it all except the deductible.  I had the CDs in a case, so I still had the original jewel boxes for them--made it easy to figure out what was gone in that department.  I had pictures of most of my tools, but not what was in which box.  Took about a week to develop a list, which came to about $1300.  The camera was no problem, as I had a separate rider for my camera equipment.  All together, the loss was about $5500.  The insurance company paid replacement cost.  Some things had gone up significantly, some had come down significantly.I had a check in a couple of days.  The biggest problem was I would occasionally discover a tool missing that I forgot to include in the stolen list.  A couple of tools I were unusual, and I was not able to replace them.  THAT really pissed me off!My insurance company has always been pretty fair with me.  I just had my roof replaced this week due to hail damage, no problem.Last edited by steve45; 10-23-2009 at 11:09 PM.America Needs AMERICA'S Oil!!!"Global warming is the greatest scam in history ...There is no run away climate change. The impact of humans on climate is not catastrophic. Our planet is not in peril."--John Coleman, Founder of The Weather Channel
Reply:Originally Posted by steve45. . .My insurance company has always been pretty fair with me.