Working Time: 5 to 10 minutesTotal Time: 5 to 10 minutesSkill Level: BeginnerEstimated Cost: $10 to $15 Before attempting to install a drywall anchor, first determine if you even need to use one.

To properly install molly bolts, you’ll need to drill a pilot hole before inserting the anchor through the drywall. Unlike their plastic-sleeved counterparts, molly bolts require a special tool ...