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Yes, water coming up from the floor should be treated as an emergency. If you're unable to either identify or stop the source of the water on your own, contact an emergency plumber right away. In addition to harming your flooring, standing or pooled water can lead to water-damaged concrete.

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.

If your basement often leaks after heavy rain, it’s probably caused by hydrostatic pressure. When the ground is saturated with water, it can put pressure on the exterior of your home’s foundation, causing cracks in the basement wall and pushing water through any existing weak spots. Over time, hydrostatic pressure can cause structural damage to your home.

A walkout basement is considered to be partially below grade because at least one wall is entirely exposed. In some cases and in specific municipalities, inspectors and appraisers will still count walkout basements as below grade, which means the space can’t serve as living space or be rented out. If you intend on using the area as living space or a separate apartment, you should check with your local building department to make sure it’s legal to do so.