Whether you're building a home with a basement or have just moved into an existing home with a basement, waterproofing is extremely important, especially if the basement is finished. Ensuring that your basement is properly waterproofed will save you a lot of headaches and money over the years. If you plan to have your basement waterproofed in the near future, avoid the following mistakes:

Choosing a Contractor Based on the Lowest Price

Completely waterproofing a basement can require a significant financial investment, but the money you spend now can keep your basement dry for many years to come. When looking for a contractor to waterproof your basement, don't automatically choose the one with the lowest bid. Like many things in life, you often get what you pay for, and a low-price contractor may potentially do a sub-par job. Make sure you get the best value by selecting a price that you can afford as well as a contractor that has a proven record of doing a good job with basement waterproofing.

Not Asking for References

Before signing a contract with a waterproofing contractor, it is imperative to ask for references. A reputable contractor who takes pride in his or her work should not have any problem providing the contact information of past customers. It is in your best interest to call the references and ask if the waterproofing measures have successfully kept their home dry.

DIY Basement Waterproofing

Most homeowners do DIY projects in an attempt to save money over hiring a professional. While DIY is great for some home improvement projects, basement waterproofing is not one of them. While you may initially save money, in the long run, you will likely spend a lot more money if your DIY basement waterproofing does not keep your basement dry. Instead of trying to waterproof your basement on your own, leave the job to a professional who is highly experienced in the techniques used to keep water from damaging a basement.

Relying Solely on Waterproof Paint

Many homeowners make the mistake of thinking that a few coats of waterproof paint are all that they need to keep their basement dry. This could not be further from the truth. Depending on the location of your home and the water content of the soil surrounding your basement, waterproof paint can be one tool for waterproofing, but you should not rely on waterproof paint alone. Several additional measures, such as sump pumps and grading the soil along the foundation are needed to truly waterproof a basement.