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Rekeying Vs Changing Locks: Which Is More Cost-Effective?

Rekeying Vs Changing Locks Which Is More Cost Effective 2

Have you ever wondered whether rekeying or changing your locks is more cost-effective? It’s a common question for homeowners, renters, and business owners alike. When it comes to securing your property, knowing the difference between these two options can help you make the best decision for your situation.

Rekeying Vs Changing Locks: Which Is More Cost-Effective?

Rekeying Locks

Rekeying involves changing the internal components of your existing lock so that it works with a new key. Essentially, the locksmith alters the pins inside the lock cylinder, rendering old keys useless. This method is typically faster and less expensive compared to changing the entire lock.

The Process of Rekeying

when you request to have your locks rekeyed, a locksmith will:

  1. Remove the existing lock from your door.
  2. Take apart the lock cylinder to access the pins inside.
  3. Replace the old pins with new ones tailored to a new key.
  4. Reassemble and reinstall the lock on your door.

Benefits of Rekeying

Rekeying offers several advantages:

  1. Cost-Effective: Since you are only altering the internal parts of the lock, it is generally cheaper than replacing the entire lock.
  2. Speed: The process is quicker, so you can secure your property promptly.
  3. Convenience: If you have multiple locks from the same brand, you can have them all rekeyed to work with one key.

When to Rekey

Rekeying is ideal in several scenarios:

  1. Lost or Stolen Keys: If you’ve lost your keys or suspect someone may have stolen them, rekeying ensures that the old keys no longer work.
  2. Moving into a New Home: Rekeying your new home’s locks ensures that previous owners or anyone with a key copy can’t access your property.
  3. Tenants or Roommates Moving Out: If you need to restrict access to someone who previously had a key, rekeying is a practical solution.
Advantages Disadvantages
More affordable Does not upgrade the lock
Quicker to perform Can’t improve security features
Maintains existing hardware Limited to key compatibility

Changing Locks

On the other hand, changing locks involves removing your existing lock hardware and installing a completely new lock. This procedure may be more expensive and time-consuming but offers different benefits.

The Process of Changing Locks

When opting to change locks, here’s what typically happens:

  1. The existing lock is removed and discarded.
  2. A new lock, either similar or upgraded, is installed in its place.
  3. The locksmith ensures the new lock functions correctly with its new key.

Benefits of Changing Locks

Changing locks comes with its own set of advantages:

  1. Enhanced Security: With a new lock, you may opt for more modern and robust security features.
  2. Aesthetic Improvement: A new lock can contribute to the overall appearance of your door.
  3. Hardware Integrity: Sometimes, older locks may be worn out or damaged, and replacement is the best option.

When to Change Locks

Certain situations warrant changing your locks:

  1. Old or Damaged Locks: If your current locks are showing signs of wear and tear, it’s best to replace them.
  2. Security Upgrades: For improved security, installing high-security locks can add a layer of protection to your property.
  3. New Aesthetic Needs: If you’re renovating and want your locks to match a new style or color scheme, changing them makes sense.
Advantages Disadvantages
Can upgrade to high-security locks More expensive
Improved aesthetics Time-consuming
Replaces worn-out hardware Higher labor cost

Cost Comparison: Rekeying vs Changing Locks

One of the main factors influencing your decision will be cost. While costs can vary depending on the locksmith and the complexity of the job, we can outline some general trends:

Rekeying Costs:

  • Generally ranges from $10 to $25 per lock.
  • Potential additional service call fees, typically around $50-$100.

Changing Lock Costs:

  • Basic lock changes usually start around $30 to $50 per lock.
  • Costs can go up to $300 or more for high-security locks.
  • Labor costs might range from $40 to $100 per hour, depending on the locksmith.
Type Price Range per Lock Labor Cost
Rekeying $10 – $25 $50 – $100 (service call fee)
Changing Locks $30 – $300+ $40 – $100 per hour

Choosing What’s Right for You

Ultimately, the decision between rekeying and changing locks depends on your specific needs.

Assessing Your Needs

Consider the following questions to help guide your decision:

  1. What’s Your Budget?: If you need a quick, budget-friendly option, rekeying is likely your best bet.
  2. How’s Your Current Lock Hardware?: If your locks are old or damaged, investing in new locks may be wiser.
  3. Need Enhanced Security?: If upgrading your security is a priority, opt for new, high-security locks.
  4. Convenience with Keys: For those looking to streamline key usage across multiple locks, rekeying offers an efficient solution.

Seeking Professional Advice

Consulting with a professional locksmith can provide valuable insights tailored to your situation. Experts like Silver Eagle Locksmith, servicing areas such as Las Vegas, NV, and Baltimore, MD, can assess your property’s security needs and recommend the most cost-effective and secure solution.

Rekeying Vs Changing Locks: Which Is More Cost-Effective?

Final Thoughts

Deciding between rekeying and changing your locks involves weighing the associated costs, benefits, and specific circumstances of your property. Each option has its merits, and aligning your choice with your needs can offer you peace of mind and better security. Whether you choose to rekey or change your locks, securing your property is paramount.