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There are six levels of drywall finish, from 0 to 5, that refer to the amount of work performed during the finishing process.

Level 0: Drywall is hung with no finishing work.

Level 1: Tape is placed over the seams between drywall sheets.

Level 2: A thin layer of mud is applied over the tape and screw holes. This level is common for utility rooms or walls that will be covered.

Level 3: A full coat of mud covers the screw holes and tape, but the surface is not sanded. This is often used in garages.

Level 4: This is the most common finish for visible interior walls. It involves applying two coats of mud over seams and screw holes, with sanding between each coat, creating a smooth surface ready for flat paint.

Level 5: This is a high-end finish for luxury homes. It includes full taping, mudding, and sanding, plus a final skim coat over the entire surface before painting.

Popular wall textures include orange peel, knockdown, spray sand, and smooth finishes. Orange peel and knockdown are particularly common choices for drywall as they are simple and cost-effective. Orange peel texture has a lightly bumpy surface resembling the skin of an orange, while knockdown (sometimes called knockout) looks like a stucco finish with flattened high spots. In contrast, popcorn texture has fallen out of fashion, partly due to its past association with asbestos and a shift toward more restrained interior design styles.

While certain types of textured walls can seem dated (looking at you, popcorn), textured walls are a common sight in both older and more modern homes. The main reason textured walls may be here to stay is that they are an excellent way to hide minor imperfections on a wall and give it a finished appearance. Some homeowners think a coat of paint on drywall is a bit industrial-looking. However, that look works perfectly in modern home design. 

Fixing ceiling nail pops involves similar steps to wall repair, with the major difference being the orientation of the work. Ceiling nail pops can be more challenging because you may need to work overhead, which can be physically demanding and require additional safety precautions. Additionally, the ceiling may have different materials or finishes, such as textured surfaces, which can affect the repair process. Otherwise, the fundamental steps are the same.