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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.

The best basement waterproofing method depends on the specific issue causing the water intrusion. For minor problems, simple solutions like installing a properly functioning gutter system to direct runoff away and grading the soil to slope away from your foundation can be effective.

If you have more significant water problems, the solution will need to be more robust:

• For standing water on the basement floor, a floor drain or a sump pump system may be the best solution.

• For water pooling around the foundation, installing an exterior French drain can intercept water before it reaches the basement walls.

Other effective waterproofing methods, which can be used depending on your home's specific needs, climate, and soil type, include sealing the interior walls, landscape alteration, installing interior drainage systems, and using a dehumidification system to control moisture levels.

Overwatering can cause issues like water pooling and drainage problems. To prevent overwatering, monitor your soil levels on a regular basis and change your watering schedule as necessary.

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.