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One of the best tools for removing a stripped bolt is a handy pair of locking pliers. Locking pliers can usually grip onto screws with a broken, rounded, or stripped head and lock in place so that you can loosen even the most stubborn bolt that would otherwise remain hopelessly jammed.

Rekeying door locks yourself costs a fraction of what you would expect to pay a locksmith. On average, it costs between $50 to $100 to hire a local locksmith to rekey your house, though labor costs may vary based on where you live. For a DIY solution, you can expect to spend $11 to $25 on a rekeying kit.

Lubricating a door lock is an important part of door lock maintenance. It involves taking the lubricant of your choice (it’s best to use whatever the lock’s manufacturer suggests) and spraying it directly into the keyway. Push and pull your key in and out of the lock to make sure it’s all the way in. 

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 However, replacing the lock if it is severely damaged, outdated, or lacks security features may be a better long-term investment.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.