Another XPS queston
I've been searching the forums and have gained a great amount of knowledge but I'm always looking to do things the "right" way.
My basement is a rather small basement with large crawl spaces on two sides. I'm assuming this is because of a high water table in our area. A B-Dry system was installed at one point connected to a sump. When losing power a year ago for a few days I found out how important the sump is. Long story short it appears that moisture was in issue is this basement.
I'm now working on finishing the basement and want to do it the right way. From what I've learned I'm thinking of insulating the concrete walls with 1 Inch XPS. Here's a link to the product that I'm thinking,http://www.lowes.com/pd_304089-210-304089.0_4294858106__?productId=3122445&Ns=p_product_price:1 first question would be is this the right product for the job? I also read somewhere that applying a water proof paint to the walls prior to adding the XPS is suggested, is that overkill? Lastly I plan on installing the framing 1 inch out from the XPS.
Again I want to do this right so I do not regret being lazy/cheap down the line. Some of the walls had been framed by the previous owner with a vapor barrier and rolled insulation, when I removed those my sinuses immediately swelled up from mold dust.
Thanks for you help so for the overkill of info!