East Richmond, Richmond Houses with Basement for Sale

Richmond houses with basements stand out in a city dominated by condos — detached homes here often represent the premium segment, and a finished basement adds living space or suite potential in one of Metro Vancouver's most internationally connected communities. There are currently 13 houses with basement for sale in East Richmond, Richmond. Prices range from $1,398,000 to $15,000,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Due to Richmond's flat terrain and high water table, older parts of Steveston and Broadmoor often have crawl spaces; however, newer custom builds in McNair, West Cambie, and Shellmont feature properly waterproofed full-height basements designed for livable suites. A 1-bedroom basement suite in Richmond typically rents for $1,400–$2,000/month; 2-bedroom suites achieve $1,800–$2,400/month.

Market summary

The houses market in East Richmond, Richmond is currently a Buyer's Market with a 7.7% sales ratio — 1 homes sold against 13 active listings in the past 30 days. The median asking price is $4,680,000 ($1,050/sqft). Properties are selling slowly, averaging 73 days on the market.

Types:
Beds
Baths
Price
Min Sqft
Sort

For Sale

13 listings

Recently Sold

37 sold nearby
↓ Buyer's Market
13
Active Listings
1
Sold (30 days)
7.7%
Sales Ratio
Buyer's Market
$4.68M
Median Price
$1,050
Avg $/sqft
73
Avg Days
Sale-to-List Ratio & Sold Prices
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Market Activity by Price Range — East Richmond, Richmond

Price Range Active Sold (30d) Sales Ratio
$1.25M–$1.5M 1 0 0%
$1.75M–$2M Most Active 0 1 100%
$2M–$2.5M 1 0 0%
$2.5M–$3M 3 0 0%
Over $3M 8 0 0%

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

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Frequently Asked Questions — East Richmond, Richmond

How many houses are for sale in East Richmond, Richmond?
There are currently 13 houses listed for sale in East Richmond, Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in East Richmond, Richmond?
It is currently a Buyer's Market. With a 7.7% sales ratio, there are more houses available than buyers are purchasing, giving buyers more time and negotiating power. See the full Richmond Houses market report for monthly trends.
What is the median price of houses in East Richmond, Richmond?
The median asking price for houses in East Richmond, Richmond is $4,680,000. The average price per sqft is $1,050. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in East Richmond, Richmond?
Houses in East Richmond, Richmond are averaging 73 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in East Richmond, Richmond houses?
Many houses in East Richmond, Richmond 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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