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You can skim coat plaster, but it’s better to repair the plaster itself. A skim coat is a thin coat of drywall joint compound spread over the surface of a wall. The result is a flat finish that looks pleasing, but part of the appeal of plaster is its imperfections and aesthetic. Skim coating is best when limited to drywall applications.

Plaster is a pretty tough surface, but it can still sustain damage from things like bumping against it, water issues, dampness, extreme humidity changes, and plain old age. Most plaster walls last hundreds of years and will only be taken down to the base layer when major repairs are required. Being cautious around the wall, not placing furniture against it, and ensuring stable humidity are all great ways to reduce possible damage.

Both plaster and drywall are durable wall finishes, but they differ significantly in installation, cost, performance, and aesthetics.

Installation & Cost: Drywall installation is faster and more affordable, typically costing $1.50 to $3 per square foot. It uses premade sheets, making it a more accessible DIY project. Plastering is a labor-intensive craft that requires specialized skills, pushing costs to $2 to $10 per square foot. It involves applying a wet paste over a lath framework.

Durability & Performance: Plaster is generally more durable, longer-lasting, and provides superior soundproofing. It is also a better insulator, which can help reduce energy costs. Drywall is easier to remove for future renovations.

Aesthetics: Drywall provides a smooth, uniform surface ready for paint or texture. Plaster offers a high-end, naturally textured look that can hide imperfections and is often preferred for achieving a classic or historic aesthetic.

Which is better? The choice depends on your priorities. Drywall is ideal for those prioritizing a lower upfront cost, faster installation, and DIY potential. Plaster is the better option for a higher-end project where durability, soundproofing, and a unique, premium finish are more important than the initial cost.

On average, drywall installation costs around $2,000, with a typical range of $400 to $6,000, including materials and labor. The final price depends on several factors. The most significant is the size of the area, as many contractors charge per square foot. Other cost factors include the complexity of the job (e.g., cutting around multiple windows and doors, corners, or curved walls), accessibility, location, the thickness of the drywall, the height of the room, and the desired level of finish. The level of finish can range from simply hanging the drywall to taping and mudding the seams and painting the walls.