In this tutorial, we learn how to repair cracks and holes in drywall with Lowe's. Drywall can be damaged in a number of ways, but can be fixed easily. If you have a medium size hole in the wall, first place caulking on it and then smooth it out. If you have a larger area, you will need to use a sanding strip around it to smooth out the area and all around it. Use drywall compound to fill in the area that is empty. Then, smooth over it with a flat tool then paint over it with the same color paint already on your wall. This will help you enjoy a wall that looks terrific no matter what!