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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.

You can take a few steps to save money on drywall installation, even when hiring a professional to do the bulk of the work for you. These ideas include the following:

• Buy the drywall and other materials yourself to avoid product markup and delivery fees

• Ask about discounts if you use the same company to tape, spackle, and paint

• Hire drywall professionals in the winter when demand is the lowest

• DIY as many parts of the project as possible, like replacing insulation and painting

The easiest way to cut holes in drywall for electrical boxes is to use a spiral saw with a drywall router bit. Hang the drywall without cutting out a hole for the box, but make sure you measure and mark where the box is located on the wall. Once you screw in the drywall sheet, drill a small hole into the box void, insert the spiral saw bit, and move it around the edge of the box using the inside wall as a guide. You can also use an oscillating multi-tool with an electrical box cutout for fast, professional results.

While a normal moisture level for drywall is between 5% and 12%, replacement is recommended if you get consistent readings above 17%. At this level, the drywall is likely too compromised by extensive moisture damage to be considered safe. You can replace either the entire sheet or just the affected section. If you are unsure after a visual inspection, it is best to have a contractor or water restoration provider use a professional moisture meter to get an accurate reading.