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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.

The amount of drywall you need for a 1,000-square-foot basement depends on the ceiling height, angles, number of doors and windows, and more. To find the wall square footage, multiply the width and height of each wall, minus any gaps from windows or doors, and add the totals together. You’ll also need enough drywood nails or screws to install the drywall correctly.

While a normal moisture level for drywall is between 5% and 12%, replacement is recommended if you get consistent readings above 17%. At this level, the drywall is likely too compromised by extensive moisture damage to be considered safe. You can replace either the entire sheet or just the affected section. If you are unsure after a visual inspection, it is best to have a contractor or water restoration provider use a professional moisture meter to get an accurate reading.

Applying plaster to a wall will usually cost between $2 and $10 per square foot for both the material and labor. The cost will vary based on the quality of the plaster you’re using and whether or not prep work is required before the work begins. Wall prep can add up to about 10% to your total costs. Plastering exterior walls can be more expensive in many cases because they are taller and require scaffolding and safety equipment.