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The two most common types of drywall are ½-inch and ⅝-inch thick white or gray drywall. Most walls are ⅝-inch thick because the drywall is slightly more resistant to damage and it helps dampen sound considerably. It’s also much heavier, which is why most ceilings are ½-inch thick. There are special use cases where you want to use ⅝-inch thick drywall for ceilings, such as between a garage and living space, and the ceiling above a finished basement.

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.

Yes, any parts of drywall that are wet or overly moist will need to be replaced. Drywall is intended to be dry (it’s in the name, after all.), as excess moisture can lead to mold and mildew and eventually corrode your home’s foundational building pieces. Do regular inspections in your home to make sure all your plumbing is intact and in good condition—this will go a long way toward preventing leaks.

The cost to install drywall is between $1.50 and $3 per square foot, while shiplap installation costs between $2 and $7 on average. In most applications, shiplap installations cost more than that of putting in drywall. However, several ways exist to reduce shiplap prices, especially for small locations or accent walls, which can keep the total cost of shiplap competitive with that of drywall.