Estimate the amount of drywall and furring strips (long, thin wood strips which enable you to attach the drywall to the concrete face) you will need. For every 4 feet of wall, you will need one sheet of drywall (we are assuming that your ceiling is less than 8 feet!) and 4 furring strips.

Screw the furring strips to the wall leaving a space of approximately � inch from the bottom of the strip to the floor in case water seeps in. Make sure the strips are plumb (use your handy-dandy level) and drill holes about 16 inches apart into the wall (use a masonry bit). Drive in hardened concrete screws with your even-handier-dandy drill.

Estimate the amount of drywall and furring strips.Screw the furring strips to the wall leaving a space of approximately .Shim the furring strips to create a flat plane for the dry wall.. Both are available at your local home improvement store. Placing insulation panels between the strips increases the R-value of the basement. The R-value measures the basement’s resistance to heat loss.Consider turning off the water if you leave your house for a vacation or other extended period of time. A little planning before and after you finish your basement can preserve your hard work for years to come.