South Arm, 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 20 houses with basement for sale in South Arm, Richmond. Prices range from $990,000 to $3,099,000. 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.
The houses market in South Arm, Richmond is currently a Buyer's Market with a 10% sales ratio — 2 homes sold against 20 active listings in the past 30 days. The median asking price is $1,699,500 ($853/sqft). Properties are selling slowly, averaging 59 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| $800K–$1M | 1 | 0 | 0% | |
| $1M–$1.25M Most Active | 0 | 1 | 100% | |
| $1.25M–$1.5M | 3 | 0 | 0% | |
| $1.5M–$1.75M | 7 | 1 | 14% | |
| $1.75M–$2M | 3 | 0 | 0% | |
| $2M–$2.5M | 1 | 0 | 0% | |
| $2.5M–$3M | 4 | 0 | 0% | |
| Over $3M | 1 | 0 | 0% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
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