Garden City, 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 18 houses with basement for sale in Garden City, Richmond. Prices range from $1,299,000 to $5,080,000. 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.

↓ Buyer's Market
18
Active Listings
1
Sold (30 days)
5.6%
Sales Ratio
Buyer's Market
$2.46M
Median List Price
$826
Avg $/sqft
43
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in Garden City, Richmond is currently a Buyer's Market with a 5.6% sales ratio — 1 homes sold against 18 active listings in the past 30 days. The median asking price is $2,463,400 ($826/sqft). Properties are selling slowly, averaging 43 days on the market.

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Market Activity by Price Range — Garden City, Richmond

Price Range Active Sold (30d) Sales Ratio
$1.25M–$1.5M Most Active 1 1 100%
$1.5M–$1.75M 1 0 0%
$1.75M–$2M 2 0 0%
$2M–$2.5M 5 0 0%
$2.5M–$3M 6 0 0%
Over $3M 3 0 0%

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

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Frequently Asked Questions — Garden City, Richmond

How many houses are for sale in Garden City, Richmond?
There are currently 18 houses listed for sale in Garden City, Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Garden City, Richmond?
It is currently a Buyer's Market. With a 5.6% 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 Garden City, Richmond?
The median asking price for houses in Garden City, Richmond is $2,463,400. The average price per sqft is $826. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in Garden City, Richmond?
Houses in Garden City, Richmond are averaging 43 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in Garden City, Richmond houses?
Many houses in Garden City, 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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