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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.

Depending on the place where the cutting error occurred, you may be able to fix it. Learning how to patch a hole in drywall is challenging, but if you can tape and mud drywall, you can do it. Having said that, patching is time consuming. Early in the installation process, you may find that it’s easier and far less time consuming to just start over with a new sheet of drywall, cutting a new hole in the right spot. You may be able to use part of the incorrectly cut piece elsewhere, so it’s not completely wasted.

Whether a drywall anchor can be reused depends on its material, type, and the method of removal. Plastic anchors, including expansion and self-drilling types, are generally designed for single use as they tend to break or deform upon removal. Metal anchors, such as toggle bolts, are more durable and may be reusable if they are not damaged during extraction. However, with toggle bolts, the toggle piece can fall into the wall cavity when the bolt is removed, making it difficult to retrieve. If an anchor is damaged during removal, for instance by having its head cut off, it cannot be reused regardless of the material.

For maximum stability, install grab bars on wall studs, as this will adequately support the weight. However, if you don't have access to studs, you can get by with wall anchors. If opting for the latter, choose specialty hollow wall anchors.