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It’s less costly to drywall a fireplace than shiplapping it since material costs are higher for shiplap. However, if you’re DIYing the project, shiplap is less expensive since you won’t have to pay for labor. With drywall, getting a smooth finish is difficult unless you’re a pro. Shiplap is ideal for an accent wall or unique space, such as around a fireplace, since it adds texture and gives off a cozy vibe.

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.

The two most common drywall thicknesses for ceilings are 1/2-inch and 5/8-inch. For most standard residential applications, 1/2-inch drywall is sufficient and widely used. It provides adequate support and is lighter and easier to handle during installation compared to thicker sheets. However, 5/8-inch drywall is often used for specific cases where additional benefits are needed. It is heavier but provides superior sound dampening and fire resistance. You should consider using 5/8-inch drywall for ceilings in commercial buildings, between a garage and a living space, or above a finished basement to meet building codes or for enhanced soundproofing.

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.