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Drywall can get wet and dry out without sustaining permanent damage, but only if the water damage is minor. If you have a small leak and are quick to correct the issue and set up blower fans and dehumidifiers, your drywall should dry out. If the leak is persistent, the drywall becomes totally waterlogged, or mold begins forming on the drywall, you should remove and replace it.

The two most common drywall thicknesses for ceilings are 1/2-inch and 5/8-inch. For most standard residential applications, 1/2-inch drywall is sufficient and widely used. It provides adequate support and is lighter and easier to handle during installation compared to thicker sheets. However, 5/8-inch drywall is often used for specific cases where additional benefits are needed. It is heavier but provides superior sound dampening and fire resistance. You should consider using 5/8-inch drywall for ceilings in commercial buildings, between a garage and a living space, or above a finished basement to meet building codes or for enhanced soundproofing.

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.

Whether Venetian plaster increases your home's value often depends on the buyer's preference. As a purely aesthetic upgrade, it doesn't add structural value in the same way a kitchen or bathroom remodel might. However, its beautiful and attractive appearance can make a home more appealing to potential buyers, possibly leading to more interest, higher offers, and increased competition when you sell.