After researching this, Im curious about a method called poor mans sprayfoam where foamboard is cut to size between studs and sprayfoamed around the perimeter. Aside from the labour doing the job yourself, the cost seems comparable, is one better than the other? What about the quality of the canned sprayfoam around the perimeter? When i see sprayfoam done, it is never a full depth of the studs, so you would get 2.5-3 inches in a 3.5" (2x4) wall. Any thoughts? 
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Spray foam insulation, like other insulation, saves on energy costs and lowers utility bills. Studies by the US Department of Energy show that 40% of a home's energy is lost as the result of air infiltration through walls, windows and doorways. Buildings treated with spray foam insulation insulate as much as 50% better than traditional insulation products.

This is more common with closed cell foam, but it happens with open cell foam, too. Since closed cell foam has a higher R-value per inch, installers generally spray 2" in walls and 3" in rooflines to meet the energy code requirements of R-13 and R-19, respectively. (I'm not going to dive into the energy code here, but these numbers apply to many climate zones, the latter being allowed under the UA tradeoffs rule. See the Energy Nerd's blog on this topic if you want to argue.)
Air infiltration and exfiltration within a home contributes to almost 99% of moisture migration. Restricting air movement stops moisture accumulation so that the possibility of mold growth is less likely. Combined with a properly sized HVAC system, spray foam insulation helps control the indoor humidity levels to minimize moisture and condensation. Reducing moisture and controlling humidity can also add years to the life expectancy of a home, plus contribute to a healthier indoor environment. Finally, it also deters pests, making it difficult for them to nest.
Elastomeric coatings offer effective and affordable solutions for fixing roof leaks. The coatings can be used to repair any type of roof leak. The elastomeric roof coatings can be used throughout the year because they stretch and contract easily to adjust to winter and summer temperatures. It is usually made using polymeric products such as acrylic alongside white pigments like titanium dioxide. This helps create an opaque and reflexive final product. 

Fill and seal expanding foam sealant is urethane Fill and seal expanding foam sealant is urethane foam designed to fill large areas quickly and permanently. Uses include filling holes cracks or gaps that require a complete airtight and waterproof seal but are too large to be filled with ordinary caulk. The foam expands approximately 3 times its original ...  More + Product Details Close

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