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Keyless locks are often considered safer since they’re protected by passcodes instead of a physical key, making it harder to be picked. However, they are not infallible. And like all electronic devices, outdated models are more prone to problems and safety concerns. If you’ve experienced multiple lockouts in the past year, or your lock is responding slower than usual after you key in the passcode, it might be time to upgrade to a newer one. Even if your lock is working fine, you should still change your access code at least twice a year.

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.

Smart deadbolts are a worthwhile investment for homeowners seeking more convenience, flexibility, and advanced features than a traditional deadbolt can provide. While a strong conventional deadbolt offers sufficient security for most, smart deadbolts provide significant upgrades.

Key benefits include keyless entry via smartphone, keypads, or biometric sensors, and the ability to lock or unlock your door remotely. You can also manage access for guests by creating temporary codes, eliminating the need for physical keys and the risk of them being lost or duplicated. Many models integrate with smart home systems and offer features like automatic locking, entry-exit monitoring, and tamper alerts with encryption for enhanced security.

However, there are downsides to consider. Smart deadbolts are more expensive than their traditional counterparts and rely on batteries and wireless networks to function. This dependency introduces potential vulnerabilities, such as hacking by skilled intruders and privacy concerns. Installation can also be more complex. Despite these drawbacks, the added layer of convenience and protection makes them a compelling option for many.

The cost-effectiveness of fixing or replacing a door lock depends on the severity of the issue. Repairing a minor problem, such as loose screws or a need for lubrication, is usually cheaper than replacing the entire lock. However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment. New locks often have improved security features, enhancing your property's safety.