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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.

A walkout basement is considered to be partially below grade because at least one wall is entirely exposed. In some cases and in specific municipalities, inspectors and appraisers will still count walkout basements as below grade, which means the space can’t serve as living space or be rented out. If you intend on using the area as living space or a separate apartment, you should check with your local building department to make sure it’s legal to do so.

While a standard gutter system is widely considered the most effective way to prevent water damage to your home's foundation, several alternatives are available. These options can be used on their own in certain climates or as supplementary protection.

Common alternatives include:

• Rain Chains: These are decorative chains that hang from the roof's edge, guiding rainwater to the ground.

• Drip Edges: These metal strips are installed at the edge of the roof to direct water away from the fascia. While often used with gutters, they can be paired with a ground-level solution but are typically not sufficient on their own.

• Rain Dispersal Systems: These systems work by breaking up the heavy sheet of water flowing off the roof, dispersing it over a wider area.

• French Drains: This ground-level system uses a perforated pipe in a gravel-filled trench to collect and redirect water runoff away from the house.

• Drip Paths: Placed directly below the roofline, these paths made of concrete, stone, or other materials prevent soil erosion and guide water away.

It's important to note that some alternatives like rain chains and dispersal systems may not be adequate in regions with heavy rainfall because they don't divert water away from the foundation as effectively as a full gutter system. Ground-based solutions like French drains can be very effective but are often more expensive and can affect your landscaping and curb appeal. Many experts recommend installing a full gutter system for maximum protection and using alternatives as supplementary measures.

To ensure your basement walls are waterproof, it's crucial to address any existing moisture issues before finishing. Inspect for signs of water seepage, such as dampness or discoloration, and repair any leaks or cracks. Install a vapor barrier to prevent moisture from penetrating the walls, and consider waterproofing paints or coatings.

Proper drainage systems, such as interior or exterior waterproofing, can also be beneficial.