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Both plaster and drywall are durable wall finishes, but they differ significantly in installation, cost, performance, and aesthetics.

Installation & Cost: Drywall installation is faster and more affordable, typically costing $1.50 to $3 per square foot. It uses premade sheets, making it a more accessible DIY project. Plastering is a labor-intensive craft that requires specialized skills, pushing costs to $2 to $10 per square foot. It involves applying a wet paste over a lath framework.

Durability & Performance: Plaster is generally more durable, longer-lasting, and provides superior soundproofing. It is also a better insulator, which can help reduce energy costs. Drywall is easier to remove for future renovations.

Aesthetics: Drywall provides a smooth, uniform surface ready for paint or texture. Plaster offers a high-end, naturally textured look that can hide imperfections and is often preferred for achieving a classic or historic aesthetic.

Which is better? The choice depends on your priorities. Drywall is ideal for those prioritizing a lower upfront cost, faster installation, and DIY potential. Plaster is the better option for a higher-end project where durability, soundproofing, and a unique, premium finish are more important than the initial cost.

How you hang the drywall can affect the finishing process. It's often easier to finish horizontal drywall panels, as the seams run across the wall rather than up and down. Standard drywall panels are 48 inches wide, so the seam is easy to reach without bending down or stretching your arms.

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.

If your home was built before the 1940s and was not remodeled in the past 50 or so years, you probably have plaster walls. Aside from assuming, there are some practical ways to tell if you have plaster walls, including the following: If you knock on the wall and it feels solid, not hollow, if you can’t insert a thumbtack easily, if there are cracks that look like spiderwebs, or if your home has curved, arched, or swirled walls, doorways, or window openings.

If you have an unfinished basement or attic, you could examine the backs of any finished walls to check, too.