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Plaster is a beautiful finish but is labor-intensive to install and remove. It’s vulnerable to cracking and more sensitive to moisture variance than drywall. Installing plaster on a new wall is an expensive process that can take days to weeks, depending on the scope. Removing a plaster wall can also be quite expensive and time-consuming.

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.

Yes, even if you’re being careful, removing tile can damage your drywall to some degree. However, you can minimize the damage done to it by eliminating a majority of the grout and taking your time prying each tile off. Also, it's worth noting that you might have more drywall damages to deal with if your tile is set into the mortar.

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.