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Yes, peel-and-stick wallpaper is available that’s made from vinyl—it actually is the most common material used in peel-and-stick wallpaper. Learning how to install vinyl wallpaper is far easier when you’re using a peel-and-stick design than with adhesive. You could also select peel-and-stick wallpaper that consists of paper, polyester, or natural fibers.

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.

Peel-and-stick wallpaper is designed to be removed cleanly without damaging paint or drywall—as long as the surface was properly primed or painted beforehand. Its ease of removal makes it a great choice for renters or anyone who wants a less permanent design choice. Be sure to apply it to a clean, smooth, and dry surface for optimal results.

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.