Wahoo Walls is a basement finishing paneling system. It is water and fire resistant, supposedly has an insulation value of R13, and takes care of 4 of the most brutal steps of DIY basement finishing (framing, insulation, drywall hanging and mudding) in one step. It's paintable and doesn't have the ugly seams that many basement finishing systems do.
Custom cabinets built under the stairs maximize storage in this newly remodeled basement. This image is available through an alternate architectural stock image agency, Collinstock located here: http://www.collinstock.com