First-Time Home Buyers in Surrey
Here you’ll find everything first-time buyers need to confidently purchase a new home in Surrey. From understanding presales and incentives to comparing condos and townhomes, this guide walks you through the process step-by-step. Explore neighbourhoods, learn about closing costs, and discover the best Dawson + Sawyer homes designed for first-time buyers.
Start Your Homeownership Journey in Surrey
Buying your first home is a major milestone—and Surrey is one of the most opportunity-rich markets for first-time buyers. With new presale options, move-in-ready homes, and access to BC’s first-time buyer incentives, the path to ownership is more achievable than many expect.
Dawson + Sawyer builds modern, functional homes designed for families, young professionals, and buyers entering the market for the first time.
How the First-Time Home Buying Process Works
Buying your first townhome or condo is easier when you understand the key steps:
1. Get Pre-Approved
Connect with a mortgage specialist to determine your budget and lock in rates.
2. Choose Presale or Move-In-Ready
Presales offer lower upfront costs, while move-in-ready homes provide immediate occupancy.
3. Secure Your Home with a Deposit
Presales often require deposit structures paid over time instead of all at once.
4. Review the Disclosure & Finalize Details
Understand strata fees, floorplans, parking, and closing costs.
5. Prepare for Completion
Your lawyer/notary will help you through final paperwork, adjustments, and title transfer.
First-Time Buyer Incentives in BC & Surrey
Buying new construction gives you access to several savings programs:
GST New Housing Rebate
Eligible buyers may recover part of the 5% GST.
Property Transfer Tax (PTT) Exemption
First-time buyers may avoid PTT entirely on qualifying homes.
BC First-Time Home Buyer Programs
Various provincial incentives support affordability.
Energy & Efficiency Rebates
New builds may qualify for utility rebates depending on the home type.
Townhomes & Condos for First-Time Buyers
Condos
Ideal for budget-conscious buyers, offering lower maintenance, secure amenities, and accessible locations.
Townhomes
Great for future planning, providing more bedrooms, private entrances, garages, and outdoor space. Dawson + Sawyer communities offer both options across Surrey’s fastest-growing neighbourhoods.
Best Surrey Neighbourhoods for First-Time Buyers
Bear Creek
Alongside one of Surrey’s largest and most loved parks, with future rapid transit and everyday conveniences within walking distance.
Fleetwood
Transit-friendly with excellent schools and modern communities—perfect for young families.
Guildford
Close to shopping, dining, parks, and recreation facilities with strong future growth potential.
South Surrey
Diverse, well-connected, and budget-friendly with strong rental and investment potential.
First-Time Buyer FAQs
What incentives are available for first-time buyers in Surrey?
Eligible buyers may access GST rebates, Property Transfer Tax exemptions, and provincial first-time buyer programs.
Should I buy a presale or move-in-ready home?
Presales offer flexible deposits and price protection, while move-in-ready homes provide immediate possession.
How much do I need for a deposit on a presale?
Most Surrey presales require 5–10% paid in stages over the construction period.
What are the closing costs for first-time buyers in Surrey?
Expect 5% GST, legal fees, and adjustments for utilities or strata fees. PTT may be exempt for qualified first-time buyers.
Do first-time buyers need a realtor?
A realtor can help with negotiation and paperwork, but you can also purchase directly from a developer’s sales team.