A coating for wall construction is provided whereby a level 5 finish may be obtained without the need for a finishing coat or final skim coat. The coating may be applied to drywall elements prior to installation and is compatible with jointing materials such that a substantially homogeneous surface may be obtained after the drywall elements are assembled with jointing material and the jointing material is dried. The coating formulation includes a noncellulosic thickener, a binder, a mineral filler and water. A method for the construction of interior walls and a construction assembly for interior walls is further provided.