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Plastering lasts for around 15 to 20 years without needing repairs or maintenance in most cases, and with proper upkeep, plastering can last a lifetime—sometimes more than 100 years. Plaster repair costs between $1 and $3 per square foot, and you may need these services once every 15 to 20 years or so unless you have a harsh climate where humidity changes are a constant issue. You can also opt to skim-coat plaster for between $0.90 and $1.30 per square foot, which may serve you better in the long run.

While certain types of textured walls can seem dated (looking at you, popcorn), textured walls are a common sight in both older and more modern homes. The main reason textured walls may be here to stay is that they are an excellent way to hide minor imperfections on a wall and give it a finished appearance. Some homeowners think a coat of paint on drywall is a bit industrial-looking. However, that look works perfectly in modern home design. 

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.

Textured walls are a great way to hide imperfections left over by drywall installation, but many homeowners feel like it’s an outdated look, despite there being so many types of drywall texture. And while the textured walls of today are a far cry from the popcorn ceilings and faux stucco of our grandmother’s homes, if you want a more modern look or you want to install wallpaper, it’s time to smooth out your walls.