If you haven’t considered spray foam insulation, now may be the time to start looking into it. As you know, having proper insulation will help reduce your heat and air conditioning bills. In specific, spray foam insulation can be particularly helpful during renovations. It can provide a barrier between outside walls, and even a sound barrier for the inside.
There are two main types of spray foam to consider: open-cell and closed-cell. Open-cell spray foam has a lower R-value per inch and because of this, typically a lower price tag. The soft, low-density material is used for interior applications. Its high permeability allows for moisture to pass through, which contributes to bi-directional drying of the assembly, but it may not be ideal for all applications or climates.
I used this for the rim-joist in our home. A couple things: I put 1in solid core foam (cut to size) in each bay before using the spray foam. I also was able to do a relatively 'thick' spray to close off any potential gaps that may have existed. I turned off the HVAC and turned on some fans in the windows to exhaust out the fumes, and wore a mask (3m respirator).