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Some disadvantages of crawl spaces are mostly regarding the air itself—moisture build-up and poor ventilation, which can cause problems both in the house and underneath it, even damaging the foundation itself. Crawl spaces are difficult to access and often invite unwanted pests during the hot summer months and the cold winter ones. These hard-to-seal spaces are also susceptible to water damage during periods of heavy rain or melting snow.

Yes. Water can penetrate through a concrete foundation wall. This can happen whether or not you have cracks, as concrete is a porous material. You’ll want to take steps to waterproof your basement or crawl space.

Yes, you can finish a basement that leaks, as long as you address the leak first. Before finishing a basement, you’ll need to repair any cracks in the walls and waterproof the basement to prevent future leaks. It’s much harder to clean up a water leak from a finished basement than an unfinished one, so preemptively addressing any leaking areas prevents expensive repairs in the future.

In perfect conditions—meaning, no overexposure to the elements without roofing material on top of it—an ice and water shield can last for decades. In fact, many come with a limited lifetime warranty because they should last for a long time. If, however, the membrane is exposed to the elements during building or if there is a delay in installing the roofing material, it might only last up to 180 days if exposed to the elements. The key is to make it a layer of protection and then protect that layer by installing the roofing.