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 1887 houses with basement for sale in Surrey. Prices range from $495,000 to $17,999,000. 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.
Market summary
The houses market in Surrey is currently a Buyer's Market with a 4.3% sales ratio — 82 homes sold against 1887 active listings in the past 30 days. The median asking price is $1,600,000 ($707/sqft). Properties are selling slowly, averaging 48 days on the market.
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| Price Range | Active | Sold (30d) | Sales Ratio | Activity |
|---|---|---|---|---|
| Under $600K | 10 | 0 | 0% | |
| $600K–$800K | 15 | 1 | 7% | |
| $800K–$1M Most Active | 64 | 14 | 22% | |
| $1M–$1.25M | 278 | 26 | 9% | |
| $1.25M–$1.5M | 449 | 17 | 4% | |
| $1.5M–$1.75M | 276 | 11 | 4% | |
| $1.75M–$2M | 244 | 1 | 0% | |
| $2M–$2.5M | 208 | 6 | 3% | |
| $2.5M–$3M | 128 | 4 | 3% | |
| Over $3M | 215 | 2 | 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 | 155 | 16 | 10% |
| Fleetwood Tynehead | 143 | 4 | 3% |
| East Newton | 121 | 3 | 2% |
| King George Corridor | 102 | 3 | 3% |
| Panorama Ridge | 98 | 4 | 4% |
| Sullivan Station | 95 | 4 | 4% |
| West Newton | 94 | 6 | 6% |
| Fraser Heights | 93 | 6 | 6% |
| Elgin Chantrell | 92 | 5 | 5% |
| Crescent Bch Ocean Pk. | 91 | 5 | 5% |
| Bear Creek Green Timbers | 86 | 1 | 1% |
| Bolivar Heights | 83 | 4 | 5% |
| Grandview Surrey | 83 | 4 | 5% |
| Whalley | 82 | 1 | 1% |
| Queen Mary Park Surrey | 74 | 0 | 0% |
| Cedar Hills | 66 | 3 | 5% |
| Morgan Creek | 48 | 1 | 2% |
| Clayton | 47 | 3 | 6% |
| Sunnyside Park Surrey | 46 | 2 | 4% |
| Pacific Douglas | 45 | 3 | 7% |
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