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Wallpaper lasts an average of around 15 years, but there is some variance. The type of wallpaper matters, as vinyl wallpaper tends to last the longest—sometimes 20 years or more—while a peel-and-stick wallpaper, which is the easiest to install for DIYers, will usually only last for around five years. Exposure to high humidity, smoke, and UV rays from sunlight can also limit the lifespan of your wallpaper, as can heavy traffic in the installation area.

While many types of peel-and-stick wallpaper can be used in bathrooms, they may not adhere as well in humid environments as traditional wallpaper. For best results, choose a vinyl or polyester-based wallpaper, as these materials are more durable and water-resistant. Good ventilation is also crucial to reduce humidity from steamy showers. In bathrooms with high moisture and inadequate ventilation, even high-quality peel-and-stick wallpaper is likely to peel over time.

While peel-and-stick wallpapers require no time to cure, the adhesives for other types of papers will take a day or two to dry and up to three weeks to fully cure. The differences are the type of paper, the type of adhesive, and the humidity and temperature in the space. 

Common mistakes when finishing basement walls include neglecting proper insulation, insufficient moisture management, and poor ventilation. Not addressing these issues can lead to mold growth, water damage, and discomfort. Additionally, inadequate planning, improper framing, and rushing the project can result in subpar outcomes. 

It's essential to follow best practices, seek professional guidance if needed, and prioritize thoroughness and attention to detail.