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Rekeying your own locks is a low-cost task that prevents you from having to replace the locks themselves completely. The first couple of times you rekey a lock may be challenging because this is an intermediate DIY task. You can purchase a rekey kit from most hardware stores, but make sure you’re buying the kit from the brand of lock in your home that you’re going to rekey. 

If you don’t have your original key, the easiest way to obtain a copy is to call a locksmith. For house keys, your locksmith has several options for configuring a new key: 

• They can input a lock’s identification code into a database to obtain key-cutting instructions.

• They could analyze the lock cylinder to determine how to cut a new key.

• They can create an impression of the lock cylinder from which to cut a new key. 

Rekeying is typically cheaper than replacing locks. Professional rekeying costs between $40 and $160, sometimes with an additional fee of $15 to $40 per lock. A locksmith's hourly rate averages around $75. If you do it yourself, a rekeying kit can cost as little as $10. In contrast, replacing a lock costs between $130 and $500, with an average of around $315, depending on the hardware and lock type. Rekeying is a simpler process that changes the key for your existing lock without replacing the hardware. It is a good option if you have a quality lock that works well, you've recently moved, you've lost a key, or you need a quick security upgrade. The best choice depends on the condition of your current locks.

Keyless locks are great for convenience, letting you unlock doors with a code or your phone so you don't need to carry keys around. They also often come with helpful features like temporary codes for guests. On the downside, they can be more costly up front and do require batteries that will eventually need replacing. If you value ease of use and additional security features, keyless locks are worth the investment.