I would say take the shed, you'll find some use for it. I have contemplated this question also. I have a 20' x 11' basement shop, thats quickly loosing space. If you live in an area with a harsh winters (say the midwest), does it make sense to heat the shop through the week if you are only working in the shop on the weekends? Or do you run the heaters just when you are working in the shop? What kind of heaters are recommended (radient, wood stove, etc.)?
Clamp the inner jaw of the end vise in position, leaving a little bit to trim off later, and then use the dowel and dowel center trick through the screw and guiide rod holes of the vise base plate to mark the position of the screw and guide rod holes in the jaw. Remove the jaw and drill 1-1/8" holes in the marked positions. I used the drill guide for most of the holes, and drilled freehand for the last bit. When you're starting a spade bit in a deep hole like this, start the drill very slowly, and the bit will move the drill into a perpendicular position. Start it too fast and the bit will bind and you'll damage the sides of the hole.
This is technically a vanity factor, though the ability to store tools and other supplies at quick reach can be a time and energy saver. At the least, you will want a bench that comes with a shelf underneath. This will allow the storage of larger items that can otherwise be difficult to find a place for. Drawers are the other popular storage for benches and can make retrieving tools much easier – just make sure the inside of the drawer is lined with felt or the wood may prematurely dull your tools.
The front edge of a woodworker’s bench is usually lined with square holes positioned at regular intervals. These holes hold bench dogs and holdfast clamps in place for securing work pieces. Beneath the top of the bench, some cabinetmaker models feature single storage drawers, others several drawers and even cupboards incorporated into a case-like base.
Raphael Berrios is one of our Foundations of Woodworking scholarship students in Spring 2016. He also took our Timber Frame Tiny Home course and brought home one of the structures to finish for himself (you can follow his progress on his blog! Here’s what he had to say about what led him to PTSW, his experience so far, and thoughts for the future:
If the holes of the first jaw are in the proper position, drill holes in the same locations on the other jaw. I lined the drilled jaw on top of the undrilled jaw, clamped things down, and then drilled about 1/4" into the undrilled jaw, to mark the location. Then I removed the drilled jaw and drilled out the marked locations the same way I did the first.
The next day, cut it flush. Use a block plane to ensure it truly is flush. This will be the top of the bottom layer of the bench top, so gouges aren't a problem. (Wiping up glue with a damp cloth can lead to stains and finishes applying unevenly. That won't be a problem here, either.) But bulges and bumps are a problem - they will keep the two layers of the top from matching up evenly.
After I left the magazine for a new job, I did all of my woodworking in my small two-car garage, but it was a struggle. Power, lighting, and temperature control were limited. And because I shared space with our cars I was always moving machines around, often while in the middle of a project. On top of that, my tool and machine collection had long since eclipsed the space. For all these reasons, fixing up the garage wasn’t an option. My finished basement is a family room, so it was out, too. An addition to the home or a stand-alone building would have been too expensive. I had to find a better path to a shop.