House is 84 years old, built 1925. 1400 sf basement. Some old timber beams, some doubled lally columns, concrete/stone floor, fieldstone wall foundation.
Problem: I am noticing that the parge coating to the interior of the basement walls is chalking, flaking, falling, missing, or turning to dust in MANY locations throughout the basement. I found several loose stones, small sized (between baseball and candlepin bowling ball sized). In some areas the wall seems to bulge inward. Is there anything I can do that is affordable and relatively effective to protect the foundation? Or do I not even have anything to worry about?
THis is my first house and obviously I underestimated the amount of work I would need to do to bring it up to comfortable for living. Thus overspending on all the unknowns. So I am pretty strapped for cash.