The use of model-based numerical simulations of wave propagation in rooms for engineering applications requires that acoustic conditions for multiple parameters are evaluated iteratively, which is computationally expensive. We present a reduced basis method (RBM) to achieve a computational cost reduction relative to a traditional full-order model (FOM) for wave-based room acoustic simulations with parametrized boundaries. The FOM solver is based on the spectral-element method; however, other numerical methods could be applied. The RBM reduces the computational burden by solving the problem in a low-dimensional subspace for parametrized frequency-independent and frequency-dependent boundary conditions. The problem is formulated in the Laplace domain, which ensures the stability of the reduced-order model (ROM). We study the potential of the proposed RBM in terms of computational efficiency, accuracy, and storage requirements, and we show that the RBM leads to 100-fold speedups for a two-dimensional case and 1000-fold speedups for a three-dimensional case with an upper frequency of 2 and 1kHz, respectively. While the FOM simulations needed to construct the ROM are expensive, we demonstrate that the ROM has the potential of being 3 orders of magnitude faster than the FOM when four different boundary conditions are simulated per room surface.