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Whether to waterproof your basement from the interior or exterior depends on several factors, including your budget.

Exterior waterproofing is generally considered the superior method because it stops water at the source, preventing it from seeping into and damaging your basement walls. This approach offers the most protection, making it ideal if you use your basement for storage.

By contrast, interior waterproofing is often less expensive and requires less labor because the area is more accessible.

For maximum protection against water leakage and moisture, applying waterproofing measures to both the inside and outside is the best solution. However, if you must choose only one, stopping water from the outside is the most effective approach to preserve your foundation and prevent damage.

Brick is designed to absorb moisture, but it is also designed to let it evaporate as well. So in general, the goal shouldn’t necessarily be keeping moisture out but making sure it has the room to breathe. If you have excess moisture getting through your brick wall, it’s more likely that you have a crack or other issue at play that a typical sealant won’t fix. So, instead of investing in sealant, try repairing your brick wall instead.

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.

Water damage to concrete is often gradual and can take months, if not years, for a concrete structure to be fully destroyed. The process often starts with cracks on the surface, followed by sinking slabs and eventually crumbling cement. Therefore, it is important to repair minor damages early to prevent the situation from worsening.