Q How should I finish an existing basement wall?

I am about to start a basement remodel project in a cold climate. I plan to apply a waterproofing product to the inside of the basement wall, then stick a sheet of polyethylene directly to the basement wall over the waterproof coating. Once that is in place, I’ll frame a 2x4 wood-frame wall on the inside, insulate it with fiberglass batts, and staple a poly vapor barrier to the inside face of the studs. Does this seem like a good approach?

Answer: Paul Fisette, director of Building Materials and Wood Technology at the University of Massachusetts Amherst and a contributing editor at THE JOURNAL OF LIGHT CONSTRUCTION, a sister publication to REMODELING, responds.