Factors Affecting the Cost of a Lock Change
For both residential and commercial property owners, security is clearly a top priority. Usually, the second concern when considering improvement projects is budget. Customers are often concerned about the expenses related to locksmith services.
We want to help home and business owners make an informed decision about the security of their property. That’s why we have compiled a helpful guide to the factors which affect the cost of changing the locks.
When You Should Change the Locks
Whenever safety and security are at risk, we recommend changing the locks or having the locks rekeyed. The most common situations requiring the locks to be changed include:
- When you have purchased a new house.
- When you have experienced a break-in or burglary.
- When you have a vacation rental property.
- When a renter or tenant has moved out.
- When a key has been stolen or gone missing.
- When a disgruntled employee has been terminated.
- When you are dealing with a messy divorce.
- When the lock has been damaged.
- When a new building owner wants to limit or inhibit access for those with old keys.
- When the locks have not been changed for years, especially for businesses and retail spaces where duplicate keys often change hands.
Things that Impact the Cost of Changing the Locks
Professional locksmiths can efficiently replace the current lock systems on homes and commercial buildings. When it comes to estimating a total price for this service there are multiple factors to consider.
Purchase of New Locks
Property owners can choose to select and purchase their own door locks and hardware and the locksmith will simply charge for the installation service. The other option is to consult with the locksmith, get a recommendation for the best hardware to secure that building and have them provide or order the necessary materials. Clearly, with this option, the total will include the cost of the parts installed.
Complexity of The Lock
There is a wide selection of locks and hardware available on the market. You can choose from a lot of options and the price varies according to the material, the manufacturing brand and the complexity of the lock. The type of lock – whether a mortise lock, interchangeable core cylinder or high-security lock – have an impact on the total expenditure.
Modifications to the Door
There will be more labor costs included if the work involves modifying the door or frame. If you have chosen to change the type of lock on the door, there may be extra work needed to accommodate the new model. If the lock design and dimensions are the same, there should be no extra labor charges for changing it.
Locks Under Warranty
Unlike a do-it-yourself project, professional installation, repairs and replacements are guaranteed. A reliable locksmith will extend the manufacturer’s warranty for the hardware and will guarantee their work. This gives home and business owners some extra peace of mind in case there is a problem with the locks down the road.
Locksmith Services for Emergencies or After Hours
When you request services, ask your locksmith if there are additional charges. Like most professionals, lock technicians have an extra fee for on-site service calls after business hours, on the weekends or during holidays. If you have an emergency or require locksmith services after hours, this may be another factor that affects the total cost of changing the locks.
Number of Locks Involved
Logically, a new lock should be installed on each door that can be opened using the old key. The total price will be based on the number of locks that are changed. Be sure to note the different types of locks that are involved. It’s generally true – for residential and commercial properties – that not all doors have the same kind of lock.
Number of Copies of Keys Required
For traditional keys, duplicates are not a big factor in the expense of changing the locks on a home.
In a commercial business or office, many people need access to the building and the different interior spaces. In this case, the number of keys that will need to be cut and copied will need to be calculated into the total.
Rekeying the Lock
For commercial properties, offices, rentals, apartment and condominium complexes a better option may be rekeying. Instead of replacing the lock and hardware, a locksmith can change out the mechanical locking mechanism so that the old keys will no longer unlock the door. Then, the lock is reset to work with a new key. When multiple locks need to be modified, rekeying is usually the more cost-effective solution.
Of course, the cost of rekeying will also vary depending on the hardware selected, the level of complexity involved in the lock mechanism, the number of locks to be rekeyed and the number of key copies needed.
Another option to keep in consideration is rekeying the doors to set up a master key system. For building managers or landlords, a master key system makes it possible to open multiple locks with one master key.
Trust the Professional Locksmiths at GV Lock
If you are concerned with the cost of securing your commercial or residential property, trust the professionals at Great Valley Lockshop. Our technicians can advise you on changing the locks, rekeying or adding a master key system. We install, service, repair and replace all types of locks and lock systems.