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Although they are used for similar tasks, spackle and joint compound are not the same. Joint compound, also known as drywall mud, consists of limestone and gypsum and is primarily used for large-scale projects like taping and finishing seams on new drywall. Spackle is composed of gypsum and binding agents, making it a thicker compound best suited for small wall repairs like filling nail holes or cracks, as it dries quickly and is easy to sand. For small repairs, either product can be suitable. However, you can use joint compound for small jobs in place of spackle, but you cannot use spackle for large-scale taping and mudding projects.

Drywall is safe to cut as long as you follow proper procedures, such as wearing personal protective equipment and using the right tools to score and cut the drywall. When cutting new drywall, it can release dust with silica and other compounds that could pose health risks. Leave cutting drywall to the pros, or wear a high-quality respiratory mask, goggles, and other PPE when handling drywall.

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.

In some minor cases, you can DIY drywall repair with minimal time and money spent. This method is best when you have a hole made by a singular problem, such as accidental furniture moving, and not a continuous problem, like a rodent infestation. 

Knowing what product to use is crucial. For example, small holes only need spackle, whereas large holes might need a new piece of drywall. You can flex your DIY abilities on this project, but if you’d like a second opinion or have a more significant problem, it’s best to call in a drywall repair pro.