We have a fairly typical 50s home in the north US (zone 5). We're in the process of replacing the old leaky doors, fixing or repairing all the windows, and redoing our bathroom and kitchen.
We're thinking of replacing all the drywall on the first floor for a few reasons. It's ok as is but not great with a bunch of nail pops, visible seams, wavy in spots with some dings, but repairable as is to an acceptable level. We want to replace all the wiring, seal and re-insulate, possibly with some kind of foam to seal up the million holes on the sheathing from a recent vinyl siding redo.
Would it make economical sense to bite the bullet and replace the drywall? And does our plan make sense? Thanks in advance for any advice.