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Yes, you can finish a basement that leaks, as long as you address the leak first. Before finishing a basement, you’ll need to repair any cracks in the walls and waterproof the basement to prevent future leaks. It’s much harder to clean up a water leak from a finished basement than an unfinished one, so preemptively addressing any leaking areas prevents expensive repairs in the future.

A moisture or vapor barrier helps separate the warm air inside your home from the cold air outside of it. Without it, your walls could collect condensation, mold, or other damage. Check your local building codes to see if including an interior vapor barrier is necessary for your building project or renovation, especially for rooms that are likely to be humid, like bathrooms.

Whether interior versus exterior basement waterproofing is better for your home depends on your budget. The majority of water issues that homeowners experience in their basements are due to conditions that start outside of the home. So, to prevent those problems from seeping in, it’s better to stop them at the source using outside waterproofing methods.

As the first layer of water protection for your roof deck and the building materials below, underlayment is designed to prevent water damage, so it’s okay if it gets wet. However, you shouldn’t rely solely on underlayment for protection. If rain interrupts your roof project and you have all of the underlayment down, you’ll likely be fine, but you should install shingles over that layer as soon as possible, as long-term exposure can lead to water damage.