Name:   boataholic - Subject:   Basement water problems Date:   8/27/2020 8:42:31 PM

If you go to the trouble to dig it out and coat it with the elastomeric paint, you should also add a plastic drainage mat while you are at it to give you two layers of protection.  It is an inch thick plastic dimple grid covered with a drainage fabric facing the dirt.  Easy to add, it will channel the water down to a drain at the bottom.