New Westminster Houses with Basement for Sale

New Westminster houses with basements offer compact, transit-friendly urban living alongside rental income potential in one of Metro Vancouver's oldest and most walkable cities — a combination that attracts buyers priced out of Vancouver and Burnaby. There are currently 157 houses with basement for sale in New Westminster. Prices range from $799,000 to $5,000,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. New Westminster's Sapperton, Queensborough, and Brow of the Hill neighbourhoods are filled with century-old homes and post-war bungalows, many of which carry full basements adapted into secondary suites. The City actively supports suite registration with a streamlined process. A 1-bedroom basement suite in New Westminster typically rents for $1,300–$1,800/month; 2-bedroom suites achieve $1,700–$2,200/month.

↓ Buyer's Market
157
Active Listings
10
Sold (30 days)
6.4%
Sales Ratio
Buyer's Market
$1.60M
Median List Price
$791
Avg $/sqft
23
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in New Westminster is currently a Buyer's Market with a 6.4% sales ratio — 10 homes sold against 157 active listings in the past 30 days. The median asking price is $1,600,000 ($791/sqft). Properties are selling within a month on average, averaging 23 days on the market.

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Market Activity by Price Range — New Westminster

Price Range Active Sold (30d) Sales Ratio
$600K–$800K 1 0 0%
$800K–$1M 7 0 0%
$1M–$1.25M 20 2 10%
$1.25M–$1.5M 39 3 8%
$1.5M–$1.75M 33 2 6%
$1.75M–$2M Most Active 19 3 16%
$2M–$2.5M 25 0 0%
$2.5M–$3M 8 0 0%
Over $3M 5 0 0%

Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.

Market Activity by Neighbourhood — New Westminster

NeighbourhoodActiveSold (30d)Sales Ratio
Queensborough 32 0 0%
The Heights NW 22 3 14%
Sapperton 18 1 6%
West End NW 18 3 17%
Uptown NW 17 0 0%
Connaught Heights 16 1 6%
GlenBrooke North 16 1 6%
Queens Park 9 0 0%
Moody Park 6 1 17%
Fraserview NW 3 0 0%

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Frequently Asked Questions — New Westminster

How many houses are for sale in New Westminster?
There are currently 157 houses listed for sale in New Westminster. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in New Westminster?
It is currently a Buyer's Market. With a 6.4% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full New Westminster Houses market report for monthly trends.
What is the median price of houses in New Westminster?
The median asking price for houses in New Westminster is $1,600,000. The average price per sqft is $791. See the full New Westminster Houses market report for monthly trends.
How long do houses take to sell in New Westminster?
Houses in New Westminster are averaging 23 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
Are basements common in New Westminster houses?
Many houses in New Westminster include finished or partially finished basements that can serve as extra living space, recreation rooms, or potential rental suites. Always verify basement ceiling height, permits, and legal suite status.

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