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 615 houses with basement for sale in Richmond. Prices range from $189,000 to $26,880,000. 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
615
Active Listings
27
Sold (30 days)
4.4%
Sales Ratio
Buyer's Market
$2.28M
Median List Price
$846
Avg $/sqft
39
Avg Days on Market
Sale-to-List Ratio & Sold Prices
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The houses market in Richmond is currently a Buyer's Market with a 4.4% sales ratio — 27 homes sold against 615 active listings in the past 30 days. The median asking price is $2,280,000 ($846/sqft). Properties are selling slowly, averaging 39 days on the market.

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Market Activity by Price Range — Richmond

Price Range Active Sold (30d) Sales Ratio
Under $600K 7 0 0%
$600K–$800K 1 0 0%
$800K–$1M 3 0 0%
$1M–$1.25M Most Active 7 2 29%
$1.25M–$1.5M 64 8 13%
$1.5M–$1.75M 85 7 8%
$1.75M–$2M 99 4 4%
$2M–$2.5M 98 4 4%
$2.5M–$3M 112 2 2%
Over $3M 139 0 0%

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

Market Activity by Neighbourhood — Richmond

NeighbourhoodActiveSold (30d)Sales Ratio
Granville 43 1 2%
Seafair 36 2 6%
Broadmoor 35 1 3%
Riverdale RI 35 2 6%
Woodwards 34 1 3%
Ironwood 34 0 0%
Quilchena RI 33 0 0%
Steveston South 31 0 0%
West Cambie 28 0 0%
McNair 27 0 0%
Saunders 27 3 11%
Steveston North 23 6 26%
Hamilton RI 22 0 0%
Lackner 20 2 10%
South Arm 20 1 5%
Boyd Park 20 1 5%
Garden City 17 1 6%
Terra Nova 17 2 12%
East Cambie 16 1 6%
McLennan 14 0 0%

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Frequently Asked Questions — Richmond

How many houses are for sale in Richmond?
There are currently 615 houses listed for sale in Richmond. Listings are updated daily from the MLS® database.
Is it a buyer's or seller's market for houses in Richmond?
It is currently a Buyer's Market. With a 4.4% 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 Richmond?
The median asking price for houses in Richmond is $2,280,000. The average price per sqft is $846. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in Richmond?
Houses in Richmond are averaging 39 days on market before selling. Buyers have time to view multiple properties and negotiate.
Are basements common in Richmond houses?
Many houses in 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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