Smart locks are a great way to improve the house’s security and convenience, but before you make the switch, you should consider the expenses associated with the transformation. Here, we’ll look at what goes into the price of replacing a smart lock.
We will detail the primary costs, from the smart lock’s upfront cost to any possible service charges associated with installation. By the end, you’ll know how much new smart locks typically cost and why the Philips smart lock is such a good value.
What is the National Average Cost of Smart Lock?
Typically, homeowners spend $300 for a WiFi-enabled smart lock with one gadget, while the national average for a professionally fitted smart lock and all of its components is between $250 and $400. Installing a basic model that covers the current lock might cost as low as $150. The average price of biometrically enabled, high-end locks is roughly $1,200.
Can the Owner Install a Smart Lock?
Modern smart locks are simple and may be installed in preexisting door openings. In addition, they may be installed without the help of an electrician since they run on batteries. In other cases, all that’s required for installation is to unscrew a few screws, swap out the old lock with the new smart one, and reinstall the original screws.
The setup process also includes connecting the gadget to your network and installing the user software on your mobile device. Most jobs like this may be finished daily if you know your way around equipment and modern technologies.
However, you may employ a professional if you aren’t confident utilizing everyday home items or have trouble with technology. If your entrance door has to be realigned, isn’t drilled for a lock, or requires other substantial alterations, it’s best to have a professional handle the installation.
What are the Cost of Different Types of Smart Locks?
There is a wide selection of smart locks on the market, and their prices and capabilities vary widely. Some typical forms of smart locks, along with their respective prices, are as follows:
- Keypad Smart Locks
Keyless access with a keypad smart lock is a handy option. Keypad smart locks may cost anywhere from $100 to $300, depending on the manufacturer, the number of features included, and the quality of the product.
- Bluetooth Smart Locks
Bluetooth-enabled smart locks pair with your smartphone to open and lock the door. The typical price range for these locks is $150-$400.
- Wi-Fi Smart Locks
Internet-connected Wi-Fi smart locks allow for remote entry and management. WiFi smart locks may cost anywhere from $200 to $500 due to their extensive capabilities. Of course, the Philips Smart Lock is an excellent option if you’re trying to find a cheap smart lock that supports Wi-Fi. The Philips Security app makes it simple to manage your smart lock from anywhere worldwide, with no bridge necessary.
- Biometric Smart Locks
Biometric smart locks use fingerprint recognition technology. The going rate for such high-tech locks is usually between $300 and $800.
What is the Total Cost of Smart Lock Installation?
The typical cost to have a handyman or locksmith install a smart door lock or deadbolt is between $150 and $425. The cheapest option is to hire a locksmith to change the deadbolt on your front door, which will cost between $100 and $180.
It might cost upwards of $800–$1,200 to have a security professional install a new smart lock like Philips and a biometric deadbolt on your front door and connect them to your current smart home hub.
A smart lock or deadbolt may be purchased for between $75 and $300 from any hardware shop, electronics retailer, or internet vendor. You may pay a locksmith $50 to $100 per hour or a handyperson $40 to $80 per hour (plus possible travel time to your house) to install it.
Depending on the state of your current lock system and the complexity of the new technology, a professional installation may take anywhere from twenty minutes to an hour or more.
What are the Cost Factors of Smart Locks?
The typical cost of installing a smart lock might be affected by the abovementioned factors.
- Manufacturer and Product Variant
Locks from well-known manufacturers like Philips and others may be in a wide price range. In general, the cost of a smart lock rises with the sophistication of the product. If you already have a smart home or security equipment, you’ll want to ensure the safety you choose is compatible.
- Age of Your House
The entrance may need to be altered to accommodate a new lockset in older houses with non-standard door or hardware sizes. A locksmith or door installer generally suggests the best course of action.
- Power Source
Some electronic locks may be charged with solar energy. Despite the higher initial investment, these devices save money in the long run by avoiding the need for replacement batteries.
Are There Extra Costs When Purchasing A Smart Lock?
A new smart lock for your house typically costs between $150 and $400. However, certain hidden expenses should be taken into account. You could require more than one smart lock, depending on the layout of your home. Purchasing two, three, or more smart locks may range from $500 to over $2,000.
Since most smart locks are simple to install by the homeowner, there is often no additional expense associated with their purchase or use. However, you may need to pay an extra $100 – $450 to have an expert technician install your smart lock.
The costs listed below are for the most affordable options. But if you want to add things like keypads and alarms, that will cost money.
Finally, smart locks need periodic battery replacement. (That is unless it already has a rechargeable battery.) This is a minor but recurrent cost, so remember it.
How Secure are Smart Locks?
However, just as with traditional locks, there are risks associated with Smart Locks. Someone can break into your house if they catch you entering the code. This danger may be avoided by regularly hiding the pad and switching the code. Utilize solid passwords and other safeguards if your door locks utilize your smartphone data. Fingerprint identification is highly safe, but in the event of a problem, it’s necessary to have a backup plan.
What is the Estimated Cost of Philips Smart Lock Installation?
Several variables affect how much a Philips smart lock installation will cost. Philips’s smart locks come in various versions, each with features and capabilities and a potential price tag for installation. There is also a potential for regional and contextual inequalities in labor costs.
A professional locksmith or expert installing your Philips smart lock might cost anything from $100 to $300. This is done in addition to the lock installation, programming, and setup. However, the price might rise dramatically if your door or other hardware has to be modified or upgraded to fit the smart lock.
The price may also change depending on the kind of smart lock you choose. Some cheaper versions may not provide advanced features beyond keyless entry and smartphone app remote access. In contrast, more expensive ones may have things like biometric identification and home automation system integration.
A competent locksmith or installation agency can provide an exact quote for installing a Philips smart lock. A more accurate quote might be derived from their analysis of your requirements and situation.
Final Thoughts
Replacing a smart lock may range from cheap to several hundred dollars, depending on the make, model, and where in the country you live. Although high-quality smart locks, like the Philips Smart Lock, may cost anywhere from $100 to $500, they are well worth the money.
Its advanced safety features, intuitive design, and dependability set it apart as a leading option. When deciding whether or not to upgrade your home’s security, price should not be your only factor. Focus on durability and efficiency to protect your loved ones and your calm.
