My favorite handmade gift was given to me a couple of years ago. My uncle welded vehicle stick shift pieces to a metal bar with holes in it so it could be mounted to the wall as a coat rack. Though the gift was meant for my entire immediate family, I ended up with it and its the best way to hang up my many scarves.
I've also done some handmade gifts over the years for my immediate family, such as pjs and blankets. This year, I didn't do much due to lack of time, but I made something semihandmade for my Mom. I took a small picture frame, removed the glass, and stuck in a couple of layers of fleece and a final layer of velour. I then stuck a pearl head pin in it so that she could put it on the kitchen counter and have a safe place to hang her wedding ring while she washes dishes or does other kitchen work. I give credit to Pinterest for the idea. She really loved it and is thinking about giving some to her friends next Christmas. I even use it. Something so simple, but very useful!