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Whether to repair or replace water-damaged plaster depends on the scale of the damage. For small, limited areas, you can often perform a repair yourself. If you choose to paint over small patches, ensure the surface is completely dry and apply a coat of antifungal primer first to prevent mold growth. However, simply painting or plastering over the damage is only a temporary solution that doesn't address the core problem. For more extensive or long-term damage, the plaster may be compromised, and there is a risk of mold. In these cases, it is recommended to remove the damaged section of plasterboard and replace it. You may consider hiring a professional for the repair, and it's worth noting that water damage is often covered by home insurance.

In many cases, installing new drywall will boost your home value. Replacing old, damaged, cracked, or wavy drywall is a great way to improve the look and feel of your home, as new drywall installed by a professional shouldn’t have any imperfections. Additionally, removing old drywall means you’ll have open walls, so you can install new insulation and address exposed issues with plumbing and electrical systems running behind the walls. All of these fixes will also add to your home’s value.

It is possible to apply plaster on the interior or exterior of your home, but we don’t recommend it. Plaster is easy to apply in theory, but in reality, it can be a challenging material to work with, and it’s difficult to get the finished product to look clean, even, and smooth. Many DIYers end up calling in a professional afterward to touch up the area or even redo it entirely because of mistakes they made in the process. Hiring a plaster pro will cost more, but it’s usually the best option to achieve high-quality results.

Plaster can be a difficult DIY to master, especially if you plan to plaster an entire room, rather than patch a small area. Before you begin a plaster DIY project, you need to know which tools and type of plaster to use. It's also important to know how to prepare the surface and apply the plaster for a smooth finish. If that all sounds like a lot of work, you may prefer hiring a local plaster repair contractor to do the job.