This is a much more accurate way of locating nails than a traditional electronic nail finder. The magnet finds nail heads under paint and is strong enough to stay on the wall. While I get tape to mark the cleats, I'm a professional AV installer and use this cleat finder every day. I definitely don't want to miss it! I never change batteries, of course, which is a plus. I've found that the electronic stud finders aren't accurate as they indicate when you have a double layer of drywall, so this was a welcome solution to that problem. Highly recommended!
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