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Yes, you should change the locks as soon as you can after completing the purchase of a house. This is a matter of privacy and security, as you have no idea how many copies of the keys the previous owner made. You can change the locks yourself or hire a pro to replace or rekey the lock, which costs $50 to $100.

When you take a key to a hardware store or a locksmith for copying, you can expect the key-cutting process to take as little as 30 seconds. The key copier will review your current key to decide on the correct blank. Then, your original key and the blank are inserted into a key duplication machine to cut an exact key copy. When it’s all said and done, you can have a new key in your hand in just a couple of minutes.

Yes, most pros encourage you to change your locks when you move into a new home. While the previous owner may hand you their keys, you have no way of knowing whether other copies exist elsewhere. Changing your locks as soon as you move in is a great way to ensure that you can enjoy new, fully functioning locks that will work with your unique key or code.

Expect to pay between $50 to $200 if you hire a locksmith to change your locks. That figure includes labor and the cost of basic hardware. The cost will naturally be higher if you plan to install more expensive locks, like smart locks, and if you need a lot of them.

Homeowners can save money by replacing locks themselves. A typical rekeying kit costs about $10 to $25. The only additional cost is purchasing new house keys, and those are no more than a few dollars per key. If you want to replace the locks on your own completely, the main cost is the price of the locks themselves. A standard knob-style lock starts around $25, while electronic locks and smart locks will run in the hundreds of dollars. The only additional tools you should need are a tape measure, screwdriver, and screws if they are not already provided.