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The average cost to remove wallpaper is $790. The final price tag depends on the size of the room and the complexity of the project, and can range from $200 to $2,000. Usually, removing peel-and-stick wallpaper is on the lower end of the cost scale, as it doesn't require special tools to remove.

The simple nature of peel and stick wallpaper means it should come off much more easily than traditional wallpaper that is glued to your walls. You’ll still want to work slowly and carefully to avoid tearing it, but most peel and stick wallpaper should come off without a chemical agent to loosen it.

Painting over wood paneling is an option that can save you money and time. However, if you go this route, the style and texture of the wood you paint over will still be evident. Painting over paneling is an excellent way to modernize an otherwise outdated aesthetic. Instead of removing wood panels, consider painting them a bright color–like white or ivory. This is essentially wainscoting, but without any of the required installation. 

While it is possible to paint over wallpaper, it is generally better to remove it first to guarantee a smooth, professional finish. Painting over wallpaper can save time, but it may lead to issues if not done correctly.

You can paint over existing wallpaper if it is in excellent condition: smooth, non-textured, clean, and firmly adhered to the wall. Ensure there are no bumps, tears, or peeling areas, and that all corners and seams are securely glued down. You might also consider painting over wallpaper if removing it would damage the underlying wall. Additionally, some wallpapers are specifically designed to be paintable, which can add texture to a room.

However, there are risks. If the wallpaper is textured, damaged, or peeling, these imperfections will show through the new paint. The moisture from the paint can also loosen the wallpaper's adhesive, causing it to bubble and potentially damage the wall. To mitigate these issues, clean the surface thoroughly and use an oil-based primer to help the paint adhere and prevent the old adhesive from bleeding through.