
Buying your first home in St. Johnโs, Newfoundland is an exciting milestone, and having the right guidance makes all the difference. At L|S Real Estate Group, we help first-time homebuyers understand the local market, explore neighbourhoods that fit their lifestyle and budget, and feel confident at every step of the process.
From colourful row houses in St. Johnโs to modern suburban communities and nearby towns, Newfoundland and Labrador offers a wide range of affordable housing options for first-time buyers. With a strong sense of community, short commute times, and access to nature and local amenities, many buyers find that purchasing their first home here offers both quality of life and long-term value.
For many first-time homebuyers in St. Johnโs, itโs not just about owning property โ itโs about building stability, putting down roots, and taking the first step toward a future in a place that feels like home.
Check out some of our recent reviews below. We have helped numerous clients buy and sell properties in the area, and we are confident that we can do the same for you. Contact us today to learn more about how we can help you achieve your real estate goals.

Buying your first home can feel overwhelming without the right information. At L|S Real Estate Group, we guide first-time homebuyers in St. Johnโs, Newfoundland and Labrador through every step of the process, from understanding how the market works to knowing what to expect before you make an offer.
We explain the buying process in clear, simple terms โ including financing basics, timelines, and key decisions โ so you can move forward with confidence instead of uncertainty. Our goal is to help first-time buyers feel informed, supported, and prepared at every stage of their home purchase.

Understanding what homes are worth and what fits your budget is essential when buying your first home. We provide local market guidance for St. Johnโs and surrounding communities, helping first-time buyers understand pricing, neighbourhood trends, and what is realistic for their goals.
We review comparable sales, explain market conditions, and help you recognize good value so you can make smart decisions without overpaying. For first-time homebuyers in Newfoundland, this insight helps turn online listings into clear, confident choices..

Finding the right home is about more than the house itself โ itโs about where youโll be living every day. We help first-time buyers explore neighbourhoods in St. Johnโs and nearby areas that match their lifestyle, commute needs, budget, and long-term plans.
Whether youโre looking for walkable city living, a family-friendly suburb, or a quieter community, we provide local insight into neighbourhood character, amenities, and future potential. This ensures your first home supports how you want to live, not just what you can buy.

Your schedule shouldnโt limit your home search. We offer virtual tours and flexible showing options to make it easier for first-time buyers to view properties in St. Johnโs, Newfoundland, whether youโre working full-time, living outside the area, or just want to narrow your options efficiently.
Through video walkthroughs, live virtual showings, and in-person tours when needed, we help you evaluate homes clearly and honestly. This approach allows you to move forward with confidence, even if you canโt attend every showing in person.

Writing your first offer can be one of the most stressful parts of buying a home. We help first-time buyers develop a strong offer strategy based on market conditions, property value, and your comfort level.
From explaining offer terms and conditions to negotiating price and timelines, we represent your interests with clarity and care. Our goal is to help you submit an offer that is competitive, fair, and aligned with your long-term goals when buying your first home in St. Johnโs and surrounding areas.

Once your offer is accepted, the process doesnโt stop โ and neither do we. We guide first-time homebuyers through inspections, legal steps, and closing timelines to ensure nothing is missed and everything stays on track.
We also assist with the practical side of preparing for possession, including referrals to inspectors, lawyers, and local service providers. For first-time buyers in Newfoundland, our closing and move-in support helps turn a successful purchase into a smooth transition into homeownership.
Please reach us at admin@lsrealestategroup.ca if you cannot find an answer to your question.
In most cases, first-time homebuyers in St. Johnโs, Newfoundland need a minimum of 5% of the purchase price as a down payment. Additional costs such as closing fees, legal fees, and inspections should also be budgeted for. A local real estate agent can help you estimate total costs before you start shopping.
Buying your first home in Newfoundland and Labrador typically involves getting pre-approved for a mortgage, choosing a neighbourhood, viewing homes, making an offer, completing inspections and financing conditions, and closing with a lawyer. Working with a trusted St. Johnโs real estate agent helps ensure you understand each step and avoid costly mistakes.
Popular neighbourhoods for first-time homebuyers in St. Johnโs, NL include areas with good value, access to schools, and reasonable commute times such as Cowan Heights, Airport Heights, Kenmount Terrace, East End, Kilbride, and Mount Pearl. The best neighbourhood depends on your budget, lifestyle, and long-term plans.
Closing costs for buyers in St. Johnโs, Newfoundland typically range from 2% to 3% of the purchase price. These may include legal fees, title insurance, property tax adjustments, and home inspections. Your real estate agent and lawyer can provide a more accurate estimate based on your purchase price.
Yes, using a trusted St. Johnโs Buyers Agent is highly recommended for first-time buyers. An experienced agent helps you understand market value, negotiate offers, explain contracts, and guide you through inspections and closing. In most cases, the buyer does not pay the agent directly, as the seller covers the commission.
Yes, it may be possible for first-time homebuyers in St. Johnโs, NL to purchase a home with less-than-perfect credit. Mortgage approval depends on factors such as income, debt levels, and down payment amount. Speaking with a mortgage professional early can help you understand what options are available and what steps you can take to improve your approval chances.
When buying an older home in St. Johnโs, Newfoundland, itโs important to pay attention to the roof, foundation, heating system, insulation, and plumbing. Many homes in the area are well-built but may require updates. A professional home inspection is highly recommended to identify potential issues before you finalize your purchase.
For most first-time buyers in St. Johnโs, the home buying process takes between 30 and 60 days from the time an offer is accepted to closing day. The timeline depends on financing, inspections, and legal requirements. Working with a local real estate agent helps keep the process moving smoothly and on schedule.
While home inspections are not legally required in Newfoundland and Labrador, they are strongly recommended for first-time buyers. A home inspection can reveal issues with structure, electrical systems, plumbing, and heating, helping you avoid unexpected repair costs after you move in. Home Inspections are at the Buyer's cost, and are approximately $700.00 - $1,000.00 + HST.
In addition to your mortgage, first-time homeowners in St. Johnโs, NL should budget for property taxes, home insurance, utilities, heating, maintenance, and snow removal. Planning for these ongoing costs helps ensure your first home remains affordable and stress-free over time.
Ready to make the move? Our team is here to help!
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Keller Williams Platinum Realty has been an active real estate brokerage St. John's, Newfoundland for 10+ years, and is a devoted supporter of real estate agents in Newfoundland.
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