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Depending on the place where the cutting error occurred, you may be able to fix it. Learning how to patch a hole in drywall is challenging, but if you can tape and mud drywall, you can do it. Having said that, patching is time consuming. Early in the installation process, you may find that it’s easier and far less time consuming to just start over with a new sheet of drywall, cutting a new hole in the right spot. You may be able to use part of the incorrectly cut piece elsewhere, so it’s not completely wasted.

Whether to repair or replace water-damaged plaster depends on the scale of the damage. For small, limited areas, you can often perform a repair yourself. If you choose to paint over small patches, ensure the surface is completely dry and apply a coat of antifungal primer first to prevent mold growth. However, simply painting or plastering over the damage is only a temporary solution that doesn't address the core problem. For more extensive or long-term damage, the plaster may be compromised, and there is a risk of mold. In these cases, it is recommended to remove the damaged section of plasterboard and replace it. You may consider hiring a professional for the repair, and it's worth noting that water damage is often covered by home insurance.

While you can put new drywall over old drywall, it’s not always the best option. In some cases, drywalling over drywall can make it harder to find wires and pipes behind your walls and conceal more serious problems with your walls. It can also make the room smaller. On the plus side, putting drywall over drywall can improve soundproofing and insulation. Plus, it’s often less expensive than tearing down and adding new drywall.

Plastering lasts for around 15 to 20 years without needing repairs or maintenance in most cases, and with proper upkeep, plastering can last a lifetime—sometimes more than 100 years. Plaster repair costs between $1 and $3 per square foot, and you may need these services once every 15 to 20 years or so unless you have a harsh climate where humidity changes are a constant issue. You can also opt to skim-coat plaster for between $0.90 and $1.30 per square foot, which may serve you better in the long run.