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 629 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
629
Active Listings
28
Sold (30 days)
4.5%
Sales Ratio
Buyer's Market
$2.26M
Median List Price
$842
Avg $/sqft
28
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 4.5% sales ratio — 28 homes sold against 629 active listings in the past 30 days. The median asking price is $2,258,000 ($842/sqft). Properties are selling within a month on average, averaging 28 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 2 0 0%
$1M–$1.25M Most Active 9 2 22%
$1.25M–$1.5M 64 8 13%
$1.5M–$1.75M 91 8 9%
$1.75M–$2M 102 4 4%
$2M–$2.5M 97 5 5%
$2.5M–$3M 114 1 1%
Over $3M 142 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 44 2 5%
Riverdale RI 38 2 5%
Broadmoor 37 1 3%
Seafair 37 2 5%
Woodwards 34 1 3%
Ironwood 34 0 0%
Quilchena RI 33 0 0%
Steveston South 31 0 0%
Saunders 29 2 7%
West Cambie 28 1 4%
McNair 28 0 0%
Steveston North 24 6 25%
Hamilton RI 23 0 0%
South Arm 20 2 10%
East Cambie 19 1 5%
Boyd Park 19 1 5%
Garden City 18 1 6%
Lackner 18 2 11%
Terra Nova 17 2 12%
McLennan 14 0 0%

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Frequently Asked Questions — Richmond

How many houses are for sale in Richmond?
There are currently 629 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 4.5% 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 $2,258,000. The average price per sqft is $842. See the full Richmond Houses market report for monthly trends.
How long do houses take to sell in Richmond?
Houses in Richmond are averaging 28 days on market before selling. Buyers have a few weeks to view comparables before making an offer.
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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