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It’s less costly to drywall a fireplace than shiplapping it since material costs are higher for shiplap. However, if you’re DIYing the project, shiplap is less expensive since you won’t have to pay for labor. With drywall, getting a smooth finish is difficult unless you’re a pro. Shiplap is ideal for an accent wall or unique space, such as around a fireplace, since it adds texture and gives off a cozy vibe.

Venetian plaster is a highly durable wall finish that becomes a rock-like substance once dried, making it last longer than most other wall finishes. Its lifespan can range from decades to centuries, potentially lasting a lifetime. Key factors influencing its longevity include the quality of the initial application, whether it's properly sealed against moisture, and how the wall is maintained and treated (e.g., how often it is touched or bumped). Due to its mineral content, it can also develop a patina over time.

In many cases, installing new drywall will boost your home value. Replacing old, damaged, cracked, or wavy drywall is a great way to improve the look and feel of your home, as new drywall installed by a professional shouldn’t have any imperfections. Additionally, removing old drywall means you’ll have open walls, so you can install new insulation and address exposed issues with plumbing and electrical systems running behind the walls. All of these fixes will also add to your home’s value.

It is possible to apply plaster on the interior or exterior of your home, but we don’t recommend it. Plaster is easy to apply in theory, but in reality, it can be a challenging material to work with, and it’s difficult to get the finished product to look clean, even, and smooth. Many DIYers end up calling in a professional afterward to touch up the area or even redo it entirely because of mistakes they made in the process. Hiring a plaster pro will cost more, but it’s usually the best option to achieve high-quality results.