Join Date: Aug 2012
Location: Pacific Northwest
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least expensive yet still effective is the criteria I've adhered to so far in my build, including labor, with one exception where I'll have a pro do it instead- mudding. Most here have as well.
The dilemma you'll likely encounter is the following:
A- No demo. Just add Green Glue and another sheet of 5/8 type X drywall over the existing walls and ceiling.
B- dive into the deep end and tear it all out and start over with adding insulation, clips and channel, then double 5/8 drywall and GG sandwich.
If you do A, you may be unsatisfied, disappointed, etc, but won't go back to option B, at least not near term.