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Unfaced wall insulation is easier to cut and install, making it the better choice for a DIY project. It’s also more affordable. But if it’s unfaced, you’ll likely need to add a vapor barrier to reach your desired R-value and efficiency, as it doesn’t offer any moisture barrier.

Faced insulation uses paper or foil to create a built-in barrier and doesn’t require an extra step. It’s also more fire-resistant and safe. But it’s quite a bit more expensive and a little bit harder to work with as a DIYer.

If you have access to the foundation walls, adding spray foam insulation to your existing unfinished basement or crawl space is straightforward. Replacing existing insulation in your unfinished attic space is possible after removing the old insulation. However, spray foam insulating an existing wall after the drywall is in place isn’t possible unless you remove most of the drywall.

Installing new insulation in a home is worthwhile if your existing insulation is old and has lost some of its insulative capability or if you don’t have insulation installed already. Installing new insulation will boost your home’s energy efficiency, which can reduce your heating and cooling bills and save money on HVAC repair and maintenance in the long run. New insulation also keeps your living space more comfortable, so you and your family will benefit from the work as well. Finally, installing new insulation boosts your home value, making it especially worthwhile if you plan to sell.

Plaster itself has a higher R-value than drywall. However, there are other considerations surrounding plaster and insulation. As a general rule, it's easier to obtain consistency in insulating value and quality when working with drywall rather than plaster. Plaster walls often don't contain any insulation behind the wall covering by design, and careful evaluation is necessary when choosing to add it.