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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.

The average cost to apply a skip-trowel drywall texture to walls is $1.25 to $2.00 per square foot. Ceilings cost slightly more because of the increased difficulty of working overhead. Additional cost factors include any drywall repairs and removal of existing textures or wallpaper.

There shouldn’t be any gaps between your walls and ceiling. These can be fixed with joint compound but that is only a fix, and it’s much better if your drywall fits correctly in the first place. Sometimes gaps can appear if your foundation shifts significantly but if this is the case, you have a much bigger problem than patching drywall.

Whether Venetian plaster increases your home's value often depends on the buyer's preference. As a purely aesthetic upgrade, it doesn't add structural value in the same way a kitchen or bathroom remodel might. However, its beautiful and attractive appearance can make a home more appealing to potential buyers, possibly leading to more interest, higher offers, and increased competition when you sell.