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Yes. Water can penetrate through a concrete foundation wall. This can happen whether or not you have cracks, as concrete is a porous material. You’ll want to take steps to waterproof your basement or crawl space.

You can DIY basement waterproofing in some ways to help save on the overall costs. If your basement isn’t experiencing a lot of water but is noticeably humid, you can try running a dehumidifier that will pull the excess water out of the air. If you notice water leaking due to outdoor drainage issues, you can add downspout extensions to keep rainwater away from your home. 

However, if the problem is more severe and requires a more extensive solution, it’s best to call a basement waterproofing professional to assess the treatment you need and install waterproofing safeguards properly. Since keeping water out of your basement is important, ensuring this job is done correctly the first time is best.

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.

Roughing in and connecting utilities are the hardest parts of finishing a basement, and they’re the parts we typically don’t recommend doing as a DIY project. Unfortunately, your finishing timeline can be extended by weeks while you wait for contractors and inspectors to install electrical wiring, plumbing lines, and heating/cooling equipment and carry out inspections.