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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.

While you can put new drywall over old drywall, it’s not always the best option. In some cases, drywalling over drywall can make it harder to find wires and pipes behind your walls and conceal more serious problems with your walls. It can also make the room smaller. On the plus side, putting drywall over drywall can improve soundproofing and insulation. Plus, it’s often less expensive than tearing down and adding new drywall.

You should always hang drywall from the top down. Starting at the top makes it easier to create a straight, tight line between the ceiling and the wall. Any gaps that occur will be at the bottom, where they are easier to manage. You can either cut the bottom piece of drywall to fit the remaining space or cover the gap with baseboard trim. Additionally, starting at the top is physically easier, as you won't have to fit the top sheet into a tight space between the lower sheet and the ceiling, or try to balance the upper sheets on the lower ones while securing them.

On average, drywall installation costs around $2,000, with a typical range of $400 to $6,000, including materials and labor. The final price depends on several factors. The most significant is the size of the area, as many contractors charge per square foot. Other cost factors include the complexity of the job (e.g., cutting around multiple windows and doors, corners, or curved walls), accessibility, location, the thickness of the drywall, the height of the room, and the desired level of finish. The level of finish can range from simply hanging the drywall to taping and mudding the seams and painting the walls.