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Repairing plaster walls or ceilings is almost always worthwhile. It restores the appearance of your home, and if it's an exterior wall, the repair can improve curb appeal and provide a great return on investment when selling. Plaster repairs can also reinforce the wall, preventing minor cracks from spreading, and improve your home’s energy efficiency by fixing gaps in the insulative material, potentially lowering your heating and cooling bills. Additionally, hiring a professional allows them to check if the damage is from a serious underlying issue, such as foundation instability. Catching a problem like this early could save you thousands.

Yes, you can apply new plaster over an existing plaster surface, such as a wall or ceiling, provided the old plaster is in good condition. Before you begin, check the stability of the existing plaster. The surface must be clean, free of loose material, and have no peeling paint. It is also recommended to roughen the surface slightly to promote adhesion. For older plaster, applying a base coat like a PVA emulsion or a specific bonding agent or primer is crucial. This step makes the existing plaster less porous and ensures the new and old layers adhere properly for a smooth, long-lasting finish.

If you already have plaster walls and ceilings, adding new plaster costs $2 to $10 per square foot. For an average-sized room, that would come out to $1,200 to $10,000. However, the cost to replace plaster with drywall is higher—running between $720 and $1,250 for a 10-by-8-foot wall or ceiling (not including drywall finishing).

Although they have similar applications, spackle and joint compound are not the same. Their primary differences lie in their composition, consistency, and ideal use cases.

Spackle is composed of gypsum and binding agents, making it thicker than joint compound. It dries quickly and is easy to sand, which makes it ideal for small wall repair projects like filling nail holes or patching minor damage.

Joint compound, also known as drywall mud, consists of limestone and gypsum. It is primarily used for large-scale projects, such as taping and finishing the seams on newly installed drywall. It tends to shrink more than spackle and can be more difficult to spread.

While both products can be used to fill small depressions and cracks, spackle cannot replace joint compound for taping and mudding new drywall. Conversely, you can often use joint compound for small patching jobs typically done with spackle.