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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.

Permits may be required for major repairs, structural work, or electrical and plumbing restoration after a flood. Check with your local building department to determine permit requirements and associated fees for your flooded basement cleanup project. Obtaining the correct permits helps ensure work is done safely and up to code.

“Basement waterproofing” sometimes refers to applying a waterproof sealant to basement walls, in which case you would use a waterproof paint, often made of latex. However, there are many methods you can use to waterproof a basement, including exterior drainage systems, interior drainage systems, dehumidifiers, and more. As such, the materials you use can vary depending on the methods you use.

Statistics show that 98% of basements will experience some form of water damage over time. However, that doesn’t mean all basements will experience severe flooding. The best way to prevent a water-damaged basement is to keep up with home maintenance and have proper drainage installed outside your home to direct water away from the foundation. You can also consider building a flood wall around the house if you live in a flood-prone area.