I've got to run to Menards tomorrow, so I'll check those boards out. I doubt the termites would bother with them because the soil is very dry near the house (large overhangs) and I've read they prefer moist conditions, but the possibility is always there. I can't imagine how much that uninsulated wall has cost me a season of heating (8F right now outside).
I just read that 80% of the heat loss is through the top 4 feet of the basement wall. Not sure the accuracy of that, but pretty impressive.
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