Surrey Houses with Basement for Sale
Surrey is Metro Vancouver's fastest-growing city, and the majority of detached houses listed here include full-height, walk-out, or walk-up basements that can serve as additional living space or a rental suite to offset carrying costs. There are currently 2021 houses with basement for sale in Surrey. Prices range from $492,500 to $23,500,000. Browse all MLS® listings below, complete with sold history, floor plans, and daily updates. Surrey's municipal regulations permit secondary suites in most residential zones. Older neighbourhoods like Newton, Whalley, and Fleetwood feature largely full-basement houses, while newer South Surrey and Morgan Creek developments tend toward walk-out configurations ideal for suite conversion. A 1-bedroom basement suite in Surrey typically rents for $1,300–$1,700/month; a 2-bedroom suite commands $1,600–$2,100/month.
The houses market in Surrey is currently a Buyer's Market with a 4.4% sales ratio — 88 homes sold against 2021 active listings in the past 30 days. The median asking price is $1,599,800 ($701/sqft). Properties are selling slowly, averaging 34 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $600K Most Active | 4 | 1 | 25% | |
| $600K–$800K | 18 | 2 | 11% | |
| $800K–$1M | 47 | 5 | 11% | |
| $1M–$1.25M | 283 | 18 | 6% | |
| $1.25M–$1.5M | 521 | 29 | 6% | |
| $1.5M–$1.75M | 307 | 14 | 5% | |
| $1.75M–$2M | 248 | 4 | 2% | |
| $2M–$2.5M | 250 | 11 | 4% | |
| $2.5M–$3M | 144 | 3 | 2% | |
| Over $3M | 178 | 1 | 1% |
Sales ratio = homes sold in last 30 days ÷ active inventory. Over 20% = Seller's Market.
Market Activity by Neighbourhood — Surrey
| Neighbourhood | Active | Sold (30d) | Sales Ratio |
|---|---|---|---|
| Cloverdale BC | 170 | 15 | 9% |
| Fleetwood Tynehead | 157 | 5 | 3% |
| East Newton | 135 | 5 | 4% |
| West Newton | 110 | 4 | 4% |
| Crescent Bch Ocean Pk. | 108 | 8 | 7% |
| King George Corridor | 107 | 10 | 9% |
| Panorama Ridge | 102 | 2 | 2% |
| Bolivar Heights | 100 | 3 | 3% |
| Sullivan Station | 98 | 2 | 2% |
| Grandview Surrey | 94 | 3 | 3% |
| Bear Creek Green Timbers | 91 | 7 | 8% |
| Elgin Chantrell | 88 | 6 | 7% |
| Fraser Heights | 87 | 4 | 5% |
| Whalley | 83 | 1 | 1% |
| Cedar Hills | 68 | 0 | 0% |
| Queen Mary Park Surrey | 63 | 3 | 5% |
| Clayton | 62 | 3 | 5% |
| Sunnyside Park Surrey | 56 | 4 | 7% |
| Morgan Creek | 51 | 2 | 4% |
| Pacific Douglas | 46 | 0 | 0% |
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