What is the cost difference between drywall and wood paneling for basement walls?

Drywall is significantly more cost-effective than wood paneling for basement walls, typically costing 40-60% less in the Ottawa market. For a standard 600 square foot basement, you're looking at roughly $2,400-$4,200 for drywall versus $4,800-$9,600 for quality wood paneling.

Drywall costs in Ottawa typically run $4-7 per square foot installed, including materials, labor, taping, mudding, priming, and painting. This covers standard ½" moisture-resistant drywall appropriate for basements, professional installation, and a basic paint finish. The price varies based on ceiling height, room complexity, and finish quality - textured walls or premium paints push toward the higher end.

Wood paneling costs range dramatically from $8-16 per square foot installed, depending on the material choice. Engineered wood planks or quality laminate wood-look panels fall on the lower end, while solid hardwood, cedar, or premium composite panels reach the higher range. Real wood requires additional considerations in Ottawa basements - proper moisture barriers, climate-controlled storage before installation, and ongoing maintenance in our humid summers.

Ottawa-specific factors significantly impact both options. Our clay soil and seasonal moisture fluctuations mean basement humidity control is crucial regardless of wall finish. Drywall requires proper vapor barriers and moisture-resistant varieties, while wood paneling needs adequate air circulation behind panels to prevent mold. The Ontario Building Code requires fire-rated drywall in certain basement applications, particularly around furnaces or in secondary suites, which wood paneling cannot provide.

Beyond initial costs, consider long-term value. Drywall offers easier repairs, paint updates, and better resale appeal to most Ottawa buyers. Wood paneling can feel dated unless you choose contemporary styles, but it does provide natural insulation value and durability against minor impacts. For secondary dwelling units, drywall is typically required to meet fire separation requirements between units.

Professional installation is recommended for both options in Ottawa basements. Moisture management, proper fastening to concrete or steel studs, and ensuring level installation on potentially uneven foundation walls requires experience. DIY drywall installation can work for handy homeowners, but the taping and mudding process has a steep learning curve.

For a detailed estimate on your specific basement finishing project, including wall options that work best for your space and budget, Ottawa Basements offers free consultations to help you make the right choice for your home.