In this study, 1,3-dimethylol-4,5-dihydroxyethyleneurea (DMDHEU) and furfuryl alcohol (FA) modification catalyzed by acrylic acid were comparatively studied. The effects on physical-mechanical properties and durability against mould of Masson pine and Camphor pine wood were investigated, including weight gain rate (WPG), moisture uptake, equilibrium moisture content (EMC), anti-swelling efficiency (ASE), parallel-to-grain compressive strength (CS), modulus of rupture (MOR), and mould resistance. The wood samples modified with DMDHEU closely retained their original color and texture, whereas the color of furfurylated wood became dark brown and the texture became clearer. The WPG of DMDHEU-treated wood ranged from 17.9% to 29.3%, which was lower than that of furfurylated wood that ranged from 36.7% to 39.3%. The equilibrium moisture content of DMDHEU-modified wood was slightly higher than the untreated wood, while furfurylation decreased the EMC of wood by approximately 50% compared with the untreated wood. The dimensional stability, parallel-to-grain compressive strength, and mildew resistance of Masson pine and Camphor pine improved after both modifications noticeably. It was concluded that acrylic acid can be utilized as a catalyst to perform wood furfurylation and DMDHEU modification.