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In most cases, yes, because the large majority of basements leak or will have moisture issues at some point, and waterproofing methods can mitigate that risk or eliminate it entirely. Plus, water and moisture issues can be quite problematic, as they can lead to mold growth, rotting of building materials, structural damage, poor indoor air quality, increased electric bills, and other problems.

The first step to preventing foundation cracks is to repair any current ones. When one crack forms, it becomes more likely that a second crack will follow. A few other tips include performing regular foundation checks, cleaning spouts and gutters, and installing exterior drains if needed. For those living in a hot and arid area, you should water your foundation every other day.

Water can seep into porous materials like wood beams, floor joists, and roof rafters within minutes, but they’ll need to see prolonged exposure before you have structural damage. Mold can start growing within 24 hours, and mold can eat away at the structural components over time. Wood rot is more of a concern, though. Wet and dry rot are fungal infections that set in in moist conditions and rapidly deteriorate wood, causing major structural damage within just a few months in some cases.

If you don’t wish to dig it out and convert it into a finished basement, you can still encapsulate your crawl space to protect it from damage for an average cost of $5,500. Finishing a crawl space beyond this isn’t really worthwhile, as the low ceilings mean you won’t be able to use the area as living space.