Q: How much can I expect to pay to repair three fist-sized holes in drywall?

A: According to experts, you can expect to pay $50 to $75 per hole for drywall repair. The price includes materials and labor. For some handymen or drywall contractors, the location of the holes may factor into the cost. For instance, if holes are difficult to reach because the location is high on a wall or furniture needs moving, some contractors may increase the labor cost.

Drywall repair for small holes isn't difficult, but it does require time. Patching drywall starts with a contractor cutting a larger hole around the damaged area. Wood supports are installed behind the wall to brace the new piece of drywall, and once in place, paper or mesh tape is used to cover the seams. The contractor then covers the tape with multiple coats of joint compound, and each layer must dry completely before applying the next coat. Once dry, the area is sanded and painted to match the rest of the wall.

You might consider DIY drywall repair. You'll need a sheet of drywall, a drywall knife, mud pan, tape, utility knife, joint compound, scrap wood and sandpaper. You'll also need a paintbrush, roller and tray to repaint the area to match the existing drywall.

Some states require licensing for drywall work, especially when it involves a load-bearing wall.

Angie Hicks is founder of AngiesList.com, provider of consumer reviews and services.