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One of the biggest downsides to peel-and-stick wallpaper is that it doesn't last as long as traditional wallpaper. Its lifespan depends on several factors, including the quality of the paper, proper wall preparation and application, and the room's conditions. As a general rule, peel-and-stick wallpaper can last for at least five years, but this can vary significantly. Budget products may only last about 3 years, while higher-quality products can stay up for 7 years or more in ideal conditions. Factors that can shorten its lifespan include high humidity (such as in a bathroom), dirty walls, and low-quality paper. If used on flooring, expect it to last only 1 to 3 years unless sealed. However, the shorter lifespan can be seen as a positive, making it a great choice for people who enjoy switching up their interiors more frequently.

Many types of wallpaper exist, from removable peel-and-stick options to more permanent options that involve pasting. You can also find wallpaper that you can paint over, wallpaper with a texture, and wallpaper made from various materials, such as vinyl. Some types of wallpaper are washable, which can be a great option for kitchens or if your household has small children.

When choosing materials for finishing basement walls, consider factors such as moisture resistance, durability, and fire resistance. Opt for materials specifically designed for basement environments, like moisture-resistant drywall or cement board. Insulation with vapor barriers can help regulate temperature and prevent condensation. Consider using mold-resistant paints or coatings. 

Research and consult with experts to select materials that are suitable for your specific basement conditions and intended use. Prioritize quality and compatibility to achieve long-lasting and aesthetically pleasing results.

You should be aware of the current wallpaper and interior trends before hanging it, especially if you are planning on selling or listing your home soon. Do people in your market tend to prefer bold designs and accent walls, or does having a simpler print all over seem like a better idea? Lastly, you want something that appeals to your aesthetic preferences; hanging wallpaper is an investment of your time and money after all.