I am currently working in the cinder block basement of a small cabin in a climate with very cold winters. The convective cold from the cinder block walls in the winter is quite chilly. I want to attach one inch thick XPS to the walls to aid in heat retention in the winter. We have a propane fireplace for the basement.
Generally speaking however, I really have no plans to "finish" the walls. The basement is kind of living overflow/utility area most of the time. We kind of enjoy it in its rugged state. With that said, the major goal of this task is warmth!
I do realize though that there are building codes and that something needs to go over the foam as a fire barrier/retardant etc. So with that in mind I don't really want drywall down here. Its a cabin, so something tongue and groove, or shiplap or something with a cabin look would be more appropriate.
Unfortunately there just isn't a lot of room. If I made 2x4 walls on the interior side of the perimeter it would severely cut down on our space. Even adding furring strips over the foam seems too much.
What options and methods do I have for just covering the foam board directly to satisfy code and provide a finished look? Can I put tongue and groove wood right onto the foam? If so, should I simply go through the foam and anchor it into the concrete?
If furring strips are the best space saving option, say so and I will go that route. Looking for options given this unique situation.