The choice might be a Husky, a Kobalt, a Speedaire or a DeWalt air compressor... there are more compressors out there for the DIY than there have ever been before.
Using a compressor once in a while to blow dust off a piece of woodwork will point to one type of compressor. A compressor necessary to run high-demand air tools like grinders, saws, ratchets and wrenches will point to a different sort.
Take a moment to think your compressor needs through, jot them down even, and read on, for more help.
The compressor location is not as important for folks buying a home, or small workshop, do it yourself type air compressor . Many of these types of air compressors are portable and can be relocated when necessary.
This page about air compressor power requirements will help you understand why you cannot run larger air compressors from typical household current.
You may have to go to a 220 Volt or larger power supply, if your air needs are large enough. Can you do this if necessary for the compressed air flow you want? Does the added expense suit your budget?
If your air tool needs more compressed air to run than your air compressor can deliver, you will be disappointed and may not be able to do the work you wished to do. This is much more important for a business than a DIY'er, but nevertheless, no one wants to buy a tool that will not work for them, and a too-small air compressor fits into that category.
Here is a page on air tool demand, good reading to help you better understand the correlation between compressor size and tool demand.