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Basements are commonly converted into game rooms. The potential challenges you may run into include controlling moisture, working with low ceilings, limited natural light, and the need for additional electrical or HVAC work. Addressing these issues can add to the total cost, but it ensures a comfortable and functional space.

The best way to ensure the ground next to your home’s foundation drains properly is to divert water away from it as much as possible. While a flood wall can stop water from entering the house, gutters and spouts can help direct rainwater and melting snow away from the foundation. Keep your gutters as clear as possible from dead leaves and other yard debris so they can effectively divert water from your house. Add extenders to the spouts so the water runs out and away from your home, not into the surrounding soil.

You can seal a concrete slab by cleaning the surface, filling in any cracks, etching the surface, applying a sealer, and letting it dry. Concrete slabs don't typically need sealing, but you can use a topical concrete sealer if you notice signs of water damage. If you haven't already fixed the cause of the leak, then you'll want to repair the plumbing before you seal a concrete slab.

Some basement waterproofing methods can actually cause your water or moisture problems to get worse, which is why it’s so important to call in a professional who knows how to solve your underlying issue and use the appropriate waterproofing methods. An example of this would be applying latex waterproofing paint to the insides of your basement walls without fixing the water issue outside. Doing so can trap moisture in the basement walls, which can promote mold growth, peeling paint, and even damaged concrete. However, when done by a professional, the only downside to basement waterproofing is the up-front cost.