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Lock Rekey Vs Lock Change: Cost Comparison

Lock Rekey Vs Lock Change Cost Comparison

Have you ever wondered about the best way to secure your home or business when keys are lost or you need to update your security system? The decision often comes down to two main options: rekeying your locks or changing them entirely. Understanding the costs and benefits of each option is crucial in making an informed decision. Let’s break it down.

Lock Rekey Vs Lock Change: Cost Comparison

Lock Rekey vs. Lock Change

The main difference between lock rekeying and lock changing is the process involved. Rekeying involves altering the internal mechanism of the lock so that it can be operated by a new key, while changing a lock means replacing the entire lock set, including the hardware and key.

What is Lock Rekeying?

Lock rekeying is a methodical process where the internal pins inside the lock cylinder are changed, rendering existing keys useless. By adjusting these pins, the lock can be opened with a new key. This method retains your existing lock hardware, making it a cost-effective choice when the lock itself is in good condition.

Benefits of Lock Rekeying

  1. Cost-Effective: Since you aren’t replacing the entire lock, rekeying is generally cheaper than a full lock change.
  2. Quick Turnaround: The process can be completed quickly by a professional locksmith.
  3. Maintain Aesthetic: Your existing locks stay the same, preserving the look and feel of your doors.

When to Consider Rekeying

Rekeying is ideal in situations where you want to maintain or enhance security without a complete overhaul. Consider rekeying if:

  • You’ve lost a key and are concerned about who might have access.
  • You’ve recently moved into a new property and want to ensure only you have the keys.
  • You want multiple locks to be opened by a single key (keyed-alike system).

What is Lock Changing?

Lock changing involves removing the entire lock system and replacing it with a new one. This method is necessary when the existing lock is damaged, outdated, or you want to upgrade to more advanced security features.

Benefits of Lock Changing

  1. Enhanced Security: New locks can offer advanced security features.
  2. Customizable Options: Choose from a wide variety of styles, finishes, and technologies.
  3. Damage Resolution: Ideal if the existing lock is malfunctioning or worn out.

When to Consider Changing Your Locks

Changing locks is suitable in situations where comprehensive security updates are needed. Consider changing locks if:

  • The locks are damaged or do not function properly.
  • You’re upgrading to high-security locks or electronic/ smart locks.
  • The security integrity has been compromised due to vandalism or break-ins.

Cost Comparison Between Rekeying and Changing

Understanding the financial implications of each option is crucial. Below is a breakdown to help you gauge which might be more suitable for your needs.

Cost of Lock Rekeying

The cost of rekeying can vary based on the complexity and type of lock, but it is generally lower compared to changing locks. On average, rekeying a lock can range from $20 to $50 per lock.

Factors Average Cost Range
Basic Rekeying Service $20 – $50 per lock
High-Security Locks $30 – $70 per lock
Additional Charges (e.g., trip fees) $30 – $50

Cost of Changing Locks

Changing locks typically incurs higher costs because it involves purchasing new hardware. Costs can range from $80 to $200 per lock, not including installation fees which may be additional.

Factors Average Cost Range
Standard Lock Replacement $80 – $150 per lock
High-Security Lock Upgrade $120 – $300 per lock
Smart Lock Installation $150 – $500 per lock
Installation Fees $50 – $100 (varies)

Lock Rekey Vs Lock Change: Cost Comparison

Considerations for Choosing Between Rekeying and Changing

Security Needs

Evaluate what level of security is desired. If heightened security is a priority and your current locks are outdated, changing might be the best option. However, if your current locks are in good working condition, rekeying can offer adequate security updates without the cost.

Budget Constraints

Factor in your budget. If finances are tight, rekeying is a more budget-friendly option. But, if your budget allows, investing in new locks could offer long-term security benefits.

Convenience

Think about the number of locks needed. If you have multiple locks, rekeying can be a convenient way to synchronize access with a single key (key-alike system), minimizing the number of keys carried.

Aesthetic Preferences

Consider the impact on your home’s appearance. Rekeying keeps the existing lock hardware, preserving the look. If changing the style or finish is important, then lock changing is necessary.

Long-Term Goals

Reflect on future plans for your property. If you anticipate additional security needs, installing technologically advanced locks now might save time and money later.

Lock Rekey Vs Lock Change: Cost Comparison

Final Thoughts

Making the decision between lock rekeying and changing locks involves weighing the immediate costs against the long-term benefits and security needs. Rekeying is a practical choice for cost-conscious individuals needing quick security updates. On the other hand, changing locks might be the way to go if you’re looking for significant security upgrades and hardware customization.

Whether rekeying or changing, make sure to consult a professional locksmith who can provide tailored advice based on your unique circumstances. This ensures that you not only make a cost-effective decision but also a secure one.

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