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Although they have similar applications, spackle and joint compound are not the same. Their primary differences lie in their composition, consistency, and ideal use cases.

Spackle is composed of gypsum and binding agents, making it thicker than joint compound. It dries quickly and is easy to sand, which makes it ideal for small wall repair projects like filling nail holes or patching minor damage.

Joint compound, also known as drywall mud, consists of limestone and gypsum. It is primarily used for large-scale projects, such as taping and finishing the seams on newly installed drywall. It tends to shrink more than spackle and can be more difficult to spread.

While both products can be used to fill small depressions and cracks, spackle cannot replace joint compound for taping and mudding new drywall. Conversely, you can often use joint compound for small patching jobs typically done with spackle.

To maintain plaster walls, inspect them regularly for cracks and seal them early. Clean the walls by dusting regularly or using a gentle, damp cloth. It's also important to avoid moisture exposure. Repainting as needed will help maintain the wall's appearance and longevity.

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.

According to the EPA, mold grows within 24 to 48 hours if left untreated after a water leak. So unless you notice the leak and stop it right away, you only have a day or so before mold is a real concern. If you don’t notice the leak, it can take about three weeks for the mold spores to become visible. That means you’ve likely had an active mold infection for a few weeks by the time you notice discoloration.